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Egypts plummeting currency is sending shock waves around the nation food scarcity is rising tourism is yet to come close to preco levels and with their $ 58 billion investment in the new capital city international investors are ready to throw in the towel now at impeccable timing the Emirates is coming to the rescue in late February Cairo signed a landmark deal with Abu Dhabi to construct a new city City on the countrys Northwestern Shore some $35 billion will be invested in Egypt representing its single largest foreign direct investment ever many see the project as Egypts very own Dubai in the making made by the very same people who made that City flourish Abu Dhabi developmental holding company which is the Consortium responsible for the funding says the new city will have all the Hallmarks of Modern urban life including housing hotels schools entertainment venues an industrial Zone and all public services imaginable the whole project is slated to be completed over the next 20 yea