Egypt Economy

In this Saturday, March 14, 2015 file photo, a model of a planned new capital for Egypt is on display at an economic conference in Sharm el-Sheikh, Egypt. President Abdel-Fattah el-Sissi’s other major project trumpeted in March, aside from an extension of the Suez Canal, was the construction of a massive new capital city the size of Singapore, but that turned out to be little more than an opaque announcement. Plans are far from being finalized, and investment has yet to come in, although officials say they are still in discussions with China and the UAE. (AP Photo/Hassan Ammar, File)

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