The Business Times
business-time-50

Egypt revives dream of a new desert capital

Published Sun, Dec 10, 2017 · 09:50 PM

    Cairo

    IN EGYPT'S Eastern desert, roads are being carved across vast expanses of sand where the government is building a new administrative capital, a long-cherished project that has failed in the past.

    The city will be complete with luxury hotels, upscale residential districts, a modern airport and a 345m tower, touted as Africa's tallest.

    Egypt

    TRENDING NOW

    Nex shopping centre is on a site with a remaining lease of 80 years and eight months.

    China Investment Corp, PGIM’s 50% stake in Nex mall up for sale; asking about S$1.2 billion 

    The Philippine economy has expanded by only 2.3% in Q2, its fourth consecutive quarter of deceleration.

    Higher rates, weaker spending: Is the Philippines entering stagflation?

    All STI counters had dropped, with Yangzijiang Shipbuilding leading the decline, down 8.4%, or S$0.39, at S$4.26 as at 9.48 am.

    Singapore tech stocks plunge as Nasdaq bloodbath spills into region

    OCBC’s Q3 earnings came in slightly above the S$2 billion consensus forecast in a Bloomberg survey of seven analysts.

    OCBC wealth clients turn defensive amid market volatility as Q3 profit rises 3%

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More