{"id":625652,"date":"2018-08-12T04:14:26","date_gmt":"2018-08-12T04:14:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/new-administrative-capital-will-bring-economic-security-benefits\/"},"modified":"2018-08-12T04:14:26","modified_gmt":"2018-08-12T04:14:26","slug":"new-administrative-capital-will-bring-economic-security-benefits","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/new-administrative-capital-will-bring-economic-security-benefits\/","title":{"rendered":"New administrative capital will bring economic, security benefits"},"content":{"rendered":"

As we noted above, the failed suicide attack at a Coptic church in Qalyubiyah topped headlines on Egypt in the foreign press this morning.<\/strong><\/p>\n

The new administrative capital\u2019s main benefit lies in the amount of work it creates for Egypt\u2019s construction center<\/strong>, which is already booming, says NBC News'<\/a> Rachel Elbaum. While Elbaum notes the obvious economic benefits and talk of the new capital becoming Egypt\u2019s first smart city, she notes some of issues raised by detractors of the project. \u201cThough the government has said that land sales will offset the cost of the project, analysts have questioned the wisdom of building a new city at a time when the poor and middle class have been hit by new taxes, high inflation and the elimination of government subsidies on energy,\u201d she says.<\/p>\n","protected":false},"excerpt":{"rendered":"

As we noted above, the failed suicide attack at a Coptic church in Qalyubiyah topped headlines on Egypt in the foreign press this morning. The new administrative capital\u2019s main benefit lies in the amount of work it creates for Egypt\u2019s construction center, which is already booming, says NBC News' Rachel Elbaum. While Elbaum notes the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625652","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fff18db8-3ad2-4aaf-8619-a8117ca8f982","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[625634],"teaser":"","voice_url":""},"yoast_head":"\nNew administrative capital will bring economic, security benefits - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/new-administrative-capital-will-bring-economic-security-benefits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New administrative capital will bring economic, security benefits\" \/>\n<meta property=\"og:description\" content=\"As we noted above, the failed suicide attack at a Coptic church in Qalyubiyah topped headlines on Egypt in the foreign press this morning. The new administrative capital\u2019s main benefit lies in the amount of work it creates for Egypt\u2019s construction center, which is already booming, says NBC News' Rachel Elbaum. While Elbaum notes the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/new-administrative-capital-will-bring-economic-security-benefits\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-12T04:14:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/new-administrative-capital-will-bring-economic-security-benefits\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/new-administrative-capital-will-bring-economic-security-benefits\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"New administrative capital will bring economic, security benefits\",\"datePublished\":\"2018-08-12T04:14:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/new-administrative-capital-will-bring-economic-security-benefits\/\"},\"wordCount\":143,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt in the News\",\"EnterpriseAM\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/new-administrative-capital-will-bring-economic-security-benefits\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/new-administrative-capital-will-bring-economic-security-benefits\/\",\"name\":\"New administrative capital will bring economic, security benefits - 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The documentary notes that the megaproject \u2014 one of the biggest launched by\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637178,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/new-administrative-capital-to-add-pressure-on-resources-werr\/","url_meta":{"origin":625652,"position":1},"title":"New administrative capital to add pressure on resources -Werr","author":"enterpriseam admin","date":"9 November 2017","format":false,"excerpt":"No one story is leading the conversation on Egypt this morning in the international press, but that doesn\u2019t mean it was a quiet night at all:Development plans for the new administrative capital will \u201cput Egypt\u2019s resources to the test,\u201d Patrick Werr writes for The National. Werr says finding the water\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650204,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/19\/new-administrative-project-has-a-name-serves-rhetorical-purpose-lindsey\/","url_meta":{"origin":625652,"position":2},"title":"New Administrative project has a name, serves rhetorical purpose -Lindsey","author":"enterpriseam admin","date":"19 March 2017","format":false,"excerpt":"The new administrative capital project \u201cis part nationalist symbol, part desert reclamation project, and part suburban fantasyland,\u201d Ursula Lindsey writes in Places Journal. She says the project \u201cserves a rhetorical purpose. The government and media can talk about this chimera rather than what is really happening on the streets of\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604964,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-fdi-attractiveness-called-into-question-after-talks-over-cflds-usd-20-bn-new-capital-project-fall-through\/","url_meta":{"origin":625652,"position":3},"title":"Egypt\u2019s FDI attractiveness called into question after talks over CFLD\u2019s USD 20 bn new capital project fall through","author":"enterpriseam admin","date":"18 December 2018","format":false,"excerpt":"Does the collapse of talks on a USD 20 bn Chinese investment call into question Egypt\u2019s attractiveness to foreign investors? The collapse of Egypt\u2019s talks with China Fortune Land Development (CFLD) over the development of a USD 20 bn project in the new administrative capital \u201craises questions about Egypt\u2019s ability\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/2527.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":635686,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/new-administrative-capital-is-a-hard-sell-afp\/","url_meta":{"origin":625652,"position":4},"title":"New administrative capital is a hard sell -AFP","author":"enterpriseam admin","date":"11 December 2017","format":false,"excerpt":"The new administrative capital has been \u201chard to sell,\u201d according to the AFP. \u201cAmid hesitation from foreign investors, only a few Gulf companies and a Chinese partner have expressed interest in the project,\u201d the piece notes.Also worth a skim this morning: Egypt, Saudi, and the UAE \u201c have a strong\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/12\/1066.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":636274,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/egypt-should-learn-from-previous-examples-when-thinking-about-its-new-administrative-capital-ft\/","url_meta":{"origin":625652,"position":5},"title":"Egypt should learn from previous examples when thinking about its new administrative capital -FT","author":"enterpriseam admin","date":"28 December 2017","format":false,"excerpt":"\u201cThere are worrying precedents to Egypt\u2019s plan for a new megacity,\u201d the Financial Times suggests in an opinion piece. 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