Egypt, Emirati Developers Tout Nebulous Plan for New Capital

March 20, 2015 6:43 PM

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The idea is colossal: building an eco-friendly city the size of Singapore in the desert outside Cairo, a sleek new capital fit for the 21st century where a diverse slice of society will live in harmony.

Of the projects unveiled at the corporate jamboree that was Egypt's economic conference last weekend, "The Capital Cairo" is the biggest and least transparent endeavor, the latest mega-project ordered by President Abdel-Fattah el-Sissi to kick-start an ailing economy.

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