Why Egypt is selling a city to UAE for $35 billion
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#Egypt signed a deal with the #UAE to construct a new city on the Mediterranean coast. Critics, however, say that Egypt will trade over part of its #sovereignty.
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@CaspianReport 3 ай бұрын
Get started with InVideo AI for free & create upto 4 videos for free! Remove the watermark by upgrading to a paid plan here: invideo.io/i/CaspianReport
@phlezktravels 3 ай бұрын
All these idiots afraid of AI are adorably scared of what they don't understand. Instead of trying to understand it, they tuck and run. Hilarious terds
@UncleJoeLITE 3 ай бұрын
Mate, unless you know something I don't, this seems like the sponsor from hell. So you say AI can literally do what you do, maybe not as well yet, but just wait a year. It's a literal Trojan Horse & I do not understand this one bit. Just my 'friends don't let other friends drive' 2c. Thanks.
@fastmot1on 3 ай бұрын
Thanks, I'll train it on your content and set up a few hundred channels that are similar to yours, I can even copy your voice! Hope you don't mind.
@socialistrepublicofvietnam1500 3 ай бұрын
You're promoting the end of your entire career
@thu461 3 ай бұрын
Israel poor resources. It literally has full usa support . At this rate u are just a west oriented channel Talk about the west problems.
@whitedeath9 3 ай бұрын
Sold two islands to KSA, selling a city to the UAE, setting up tourist-only beaches.......Egypt really gives a lot to everyone except its own people.
@dannyteal1020 3 ай бұрын
“35% of the profits” but then there never are any, like investing in a Broadway play…
@julianshepherd2038 3 ай бұрын
Classic military rule
@eVill420 3 ай бұрын
that's what happens when a place is crap-poor but still has workers
@kimlarso 3 ай бұрын
@@eVill420💥👏🏻👏🏻👏🏻
@k22567 3 ай бұрын
What city? Google earth shows an empty desert!!
@turnleft8645 3 ай бұрын
If the Egyptians were selling pyramids, wouldn't that make it a pyramid scheme 🤔😂
@LionKing-hs3hg 3 ай бұрын
They can’t sell something they ain’t built 😂
@Gmthekiller 3 ай бұрын
White people did it. Right? @@LionKing-hs3hg
@trungduong4040 3 ай бұрын
cool
@leonardoalvarenga7572 3 ай бұрын
Prove it.@@LionKing-hs3hg
@Hasanaljadid 3 ай бұрын
@Why not?LionKing-hs3hg
@bahaa2ahmed 3 ай бұрын
Egypt's problem is not more money. It's learning how to manage money. People in power are going to spend this money away in no time
@Moemuntz 3 ай бұрын
This tbh. For example the metro in Cairo, most tourists don’t know it exists. So cheap yes, but could at least charge non-tourists extra. They know how to spend money but not to manage it. Getting a visa or residency is complicated. Different rules for resorts and Cairo etc. Took me ages to get a visa. Do they not want my money? The banking system has potential but they try so hard to scare off investors. I would like to open a bank account in Egypt but when I got there they started check points to search people for dollars. 🤷 red flag 🚩
@Magicallstore 3 ай бұрын
@@Moemuntz it's a military state they use military mindset to rule the country "panic of change" what do you except from military ?
@rabiehmalik6822 3 ай бұрын
هذة الشركات مش خايفين من الحكومات القادمة ان تأتي وتخد كل شي منهم ( تامين ) وتروح فلوسهم زي عبد الناصر عمل رمان
@DuhaAbuAlQasim 3 ай бұрын
EXACTLY 🧐🧐💯💯💯💯
@rabiehmalik6822 3 ай бұрын
You mean in their personal poket
@HamzaPKR 3 ай бұрын
Generals thinking they know how to run an economy. Sadly a recurring story in Africa and Asia.
@daurgo2001 3 ай бұрын
Don't forget Latin America... =/
@evm6177 3 ай бұрын
Fair point.. 👍
@3komma141592653 3 ай бұрын
It is always the same in dictatorships. If you criticizes the leader, you end up in jail or killed. Therefore no one will call out dumb decisions. One of the reasons Chinas economy is hitting the wall right now. I know people often complain about capitalism. But capitalism in democratic countries is simply the superior system in the long run. Mistakes getting corrected earlier in a free market. And of course there are things to improve even in those countries, but people sure get more out of it than in dictatorships.
@troy5094 3 ай бұрын
America: supported the Arab spring including in Egypt Many Arab countries including Egypt: now even worse than before Americans: must be because of their race/religion 🤷♂️
@berdigylychrejepbayev7503 3 ай бұрын
and in south america
@user-iz2tq3dx5d 3 ай бұрын
Arab leaders try not to waste all their country's national treasure on stupid projects (impossible)
@Hasanaljadid 3 ай бұрын
Dubai wasn’t a stupid project
@quincyquincy4764 3 ай бұрын
@Hasanaljadid Dubai is getting too hot, is it not?
@Hasanaljadid 3 ай бұрын
@@quincyquincy4764Not all year actually
@user-iz2tq3dx5d 3 ай бұрын
@@Hasanaljadid kzfaq.info/get/bejne/qrClpMhn2NjJYn0.htmlsi=V-OJmwwpEGXQAplq
@Admiral-General_Aladeen 3 ай бұрын
China the US and the Arab countries are all wasting hundreds of billions to trillions of dollars. Sad to see that amout of recources get wasted.
@cgt3704 3 ай бұрын
Ptolemy X: *sells all of Egypt to Rome because of debt* Al-Sisi: *Sells a town to UAE because of debt* Some things never change
@elhombredeoro955 3 ай бұрын
History often repeats itself, first as a tragedy second as a farce.
@qusai05 3 ай бұрын
I think you mean Ptolemy XII
@cgt3704 3 ай бұрын
@@qusai05 no. It was the tenth who did it first.
@jboydayz 3 ай бұрын
That’s the Egyptian way
@xyeB 3 ай бұрын
UAE is dumb bc they can’t protect it,they should’ve made it a colony or country
@gmanadventurer8892 3 ай бұрын
It's like UAE is playing SimCity in real life.
@BarnoRenfro 2 ай бұрын
😂😂😂
@John_Kennedy27 Ай бұрын
They are. Have you seen Dubai?
@epiccheese911 Ай бұрын
Europeans and Americans when Egypt sells land to the UAE: ❌❌❌selling themselves❌❌❌ Europeans and Americans when Qatari, Saudi and Emirati buy half of Europe: "FOREIGN INVESTMENT"📈📈✅✅✅🆒🆒🆒
@karzan995 3 ай бұрын
Content starts at 03:47.
@ntheg 3 ай бұрын
👑
@emerald42481 3 ай бұрын
Thanks
@mrttripz3236 3 ай бұрын
🙏
@phlezktravels 3 ай бұрын
We know.
@Oreo_politics2015 3 ай бұрын
Thankyou
@thefrub 3 ай бұрын
You're literally getting sponsored by a company that's seeking to replace you? 🤔🤔
@phlezktravels 3 ай бұрын
Nah it's called technology
@darrenasquith1170 3 ай бұрын
All these KZfaqr's are fucked in the next couple of years
@shanbhogue 3 ай бұрын
He himself is sounding Robotic lately, so yeah he's turning into AI himself
@UncleJoeLITE 3 ай бұрын
Yep, I might start the CaspainReport lmao
@user-op8fg3ny3j 3 ай бұрын
That bag must be worth it then 💰
@mrbigbadbearbear 3 ай бұрын
I've loved this channel for over 10 years. Your voice has always been a powerful part of the experience. I understand its important to keep things fresh, but my heart still sinks when I hear this new polished, robotic accent.
@afro_princess1671 3 ай бұрын
Why is that a big deal? Its still enjoyable imo
@bastiaan7777777 3 ай бұрын
@@afro_princess1671 n oo i t is n ot...
@mahino420 21 күн бұрын
what are you talking about bro's accent is still the same
@bastiaan7777777 20 күн бұрын
@@mahino420 No. I has been altered by ai to make it sound more English....
@hugoleonardoamaral586 3 ай бұрын
"The art of compromise is diving a cake in such a way that everyone thinks they got the bigger piece" My man just keep dropping the hardest lines in all of KZfaq on a daily basis
@eroero830 3 ай бұрын
But it's not true, it simply sounds good.
@Heseesme101 3 ай бұрын
my man hit deep with them riddles
@ArawnOfAnnwn 3 ай бұрын
They aren't his quotes. He just never provides credit or attribution. This one comes from Ludwig Erhard.
@wzupppp 3 ай бұрын
Egypt giving those islands away was their biggest blunder of the 21st century
@larsstougaard7097 3 ай бұрын
Ehhhhh I could name a few others
@DodgerX 3 ай бұрын
Yeah lmao @@larsstougaard7097
@KaleKutter 3 ай бұрын
I think it was a bad move but the right move because they are so broke, they probably could not have even used those islands 😕
@retf8977 3 ай бұрын
@@KaleKutterit made us even broker
@laythsoliman6809 3 ай бұрын
They’re Saudi Island by law. They were loaned to Egypt to use for military purposes by Saudi when Israel formed and now they gave it to back.
@shomailakhan3411 3 ай бұрын
The art of compromise is that everyone believes they get the biggest piece 😳
@elessar947 3 ай бұрын
Amazing quotes.The best channel.All about perception
@ArawnOfAnnwn 3 ай бұрын
@@elessar947 They aren't his quotes. He just never provides credit or attribution. This one comes from Ludwig Erhard.
@plendafuture7451 3 ай бұрын
@@ArawnOfAnnwn does it really matter ?
@ArawnOfAnnwn 3 ай бұрын
@@plendafuture7451 Giving credit to the original always matters. By not doing so he's presenting himself as wiser and more poetic than he really is.
@plendafuture7451 3 ай бұрын
@@ArawnOfAnnwn i believe otherwise . We have all heard thousands of quotes in our life - it's not as if we remember who quoted what . As long as we use it - the quote has served it's purpose. It's the function of the words and it's utility that matters. Being poetic or smart is a matter of individual judgement i wouldn't bet too much on it .
@user-wn6ic9mj8b 3 ай бұрын
The main problem of Egypt is the military institution, the military rules every thing in Egypt without transparency and accounting so the president can do anything without to fear the consequences for example selling two islands was catastrophic to Egyptian people they couldn't do anything to stop that Egypt gives us the best example that absolute monarchy is much better than military rule like Egypt and algeria
@troy5094 3 ай бұрын
Lol you're Moroccan aren't you
@nirorbach8046 3 ай бұрын
I think the military is the lesser evil than an Islamist rule...
@lestrange-du-nil 2 ай бұрын
I am Egyptian and he said nothing wrong imho
@miloudbouchefra200 2 ай бұрын
Dear Moroccan brother, the Algerian regime is shit like all other Arab regimes regardless to the name but just note that Algeria hasn't sold or given up one inch of its soil, unlike our western beloved neighbours who still can't get back their territories from the hands of the Spaniards, and to be honest, you'll never get them back. It's much easier to invade the weaker Western Sahara Republic to feel good about yourselves and forget how weak you are. Cheers and love from Sovereign Algeria 🇩🇿
@ahmedhany7035 10 сағат бұрын
@@lestrange-du-nil You can reform a republic that has a strong military institution, but it is almost impossible to reform an absolute monarchy.
@ahmedhany7035 3 ай бұрын
The land is not sold!! it's owned by Egypt's housing ministry. ADQ will have development rights and 65% of profits, but not the land.
@chaonegamesandmore4490 Ай бұрын
65% of the profits is a pretty large percentage. Which does put it in a similar position as that Czech port in Hamburg (en.wikipedia.org/wiki/Moldauhafen)
@Lonaticus 3 ай бұрын
As someone that worked with Egyptians, that area is prime land for energy development. Plans of either solar, wind or even a nuclear power plant were considered for that region. The viability of desalination plants was also looked at for the areas between Marsa Matruh and Alexandria. The UAE definitely know about this so investing in that region is not as foolish as people think.
@CaspianReport 3 ай бұрын
It's a good deal for the Emiratis. Not so much for Egypt, though.
@Lonaticus 3 ай бұрын
@@CaspianReport Definitely. Wouldn't be the first country in the region that made short sighted decision for the sake of a quick influx of cash. Turkey did the same with Russia when they agreed that the russians would build, own and operate the Akkuyu Nuclear Power Plant, making it russian land in all but name.
@0Er0 3 ай бұрын
@@Lonaticus literally the russians blocked Turkish workers from coming in after the deal blew over. It's an actual blunder.
@StLouis-yu9iz 3 ай бұрын
@@CaspianReportI can’t believe you are ok with endorsing A.I. 😒
@Kodakcompactdisc 3 ай бұрын
@@StLouis-yu9iz you do know AI can read your negative comments about it and will come for you first. ( I love you AI )
@flyveto457 3 ай бұрын
Understanding the geopolitics of the Middle East is one hell of a struggle...
@Exxperiment626 3 ай бұрын
Egypt isn't in the Middel-East, but located in Africa.
@mahmoodabbasi6120 3 ай бұрын
It is Middle East. By geographical definition of Middle East. And on African continent by geography. @@Exxperiment626
@User437dotnetvertified 3 ай бұрын
It's 😅 Educate yourself 😊@@Exxperiment626
@MoonDude02 3 ай бұрын
@@Exxperiment626 And who said the Middle East is only in asia?
@skatesuperbaby 3 ай бұрын
@@Exxperiment626 Egypt is both in Middle-East and (North) Africa, these regions overlap in Egypt.
@gulyascredo 3 ай бұрын
Shirvan's channel is really one of my favorite geopolitical channels. No bullshit, no flashy useless words/images/animations to drag length, no "3 chapters to tell you a topic so cool", no shouting tones that hurt ears; just pure content, pure educated analysis, pure geopolitical facts, knowledge and insights. Plus I just visited Azerbaijan last week, finally knew what Sag ol means haha, I should've been more inquisitive.
@asalaiman 3 ай бұрын
I'm from Azerbaijan 😅
@jamesg2382 3 ай бұрын
Love these reports, go deep and go hard. Really interesting, I always learn a lot. Well done as usual.
@mjw907 3 ай бұрын
His voice sounds more robotic lately...
@user-op8fg3ny3j 3 ай бұрын
Loads of channels have been using AI voiceovers now
@shanbhogue 3 ай бұрын
He's turning into AI
@darrenasquith1170 3 ай бұрын
Was he ever real?
@t.c.4321 3 ай бұрын
Funny comment
@larsstougaard7097 3 ай бұрын
AI 🤖
@Wildboy789789 3 ай бұрын
The UAE is a good actor on the world stage, this is good news
@user-eu9mz7pl3k 3 ай бұрын
I hope that this city project will succeed and that Egypt and the Emirates will benefit from it.
@CutieZalbu 3 ай бұрын
I hope Egypt benefits but not the Emirates 😅
@ojn89hn 3 ай бұрын
whats that flag?
@SuhbanIo 3 ай бұрын
@@ojn89hn pan-arab flag
@terminateurextra-ordinaire3925 3 ай бұрын
It will be a failed project because Dubai, Abu Dhabi, Doha are already there and they are established cities. Saudi Arabia Neom and this Egyptian city will likely be failed projects because of those other cities that I have mentioned. Who will move to live in this city of Egypt and that of Saudi Arabia Neom? People are not interested.
@jjhhkkful 3 ай бұрын
@terminateurextra-ordinaire3925 Idiotic comment to compare the egyptian north coast to the gulf cities. Shows you know nothing about the region or its environment
@GordonSeal 3 ай бұрын
The AI takeover of this channel is disappointing.
@ahsanyasin8980 3 ай бұрын
What?? Just because of an ad? Still better than Raid Shadow Legends.
@Grigory108 3 ай бұрын
@@ahsanyasin8980 because content is missing. The author, who/whatever he/it is does not tell information. Only - a said piece of land is sold for X money because the country is bankrupt. That is 2-3 sentences, not a 20+' video
@GrandTerr 3 ай бұрын
Yeah the content has become garbage, repetitive and the only original thought is in the cringe quotes
@abdulahmed738 3 ай бұрын
what ai takeover??
@TheAutumnNetwork 3 ай бұрын
Not a takeover. Dude has just become lazy in the form of efficiency. Usually the endgame of chasing profits for your youtube channel over making quality content.
@DiaaAhmed 3 ай бұрын
Egypt's strategy isn't just about a single city project. It's a multi-pronged approach, developing new economic zones, industrial hubs, and tourism. This diversification is crucial for sustainable long-term growth and reduced reliance on external factors.
@galt67 3 ай бұрын
Outstanding presentation! Especially notable were the 'graphical maps.' Thanks for all you do!
@arailway8809 3 ай бұрын
Beautiful job, Shirvan. I suspect the UAE is planning on water and oil development in this area, a win-win for both.
@hussammoh3791 3 ай бұрын
I still remember when you only had around 1500 subscribers. Well done. I like the early version of background music I hope your used again sometime. Thanks you.
@woodcutt3r 3 ай бұрын
What is the name of the background music? from 3:47
@003mohamud 3 ай бұрын
The city being called Ras El Hekma is ironic.
@AngelBaby-cp6kf 3 ай бұрын
Why? What does the name mean?
@003mohamud 3 ай бұрын
@@AngelBaby-cp6kf Ras can mean 'peninsula' or 'head'. El Hekma means 'the wisdom'. So while Ras El Hekma means 'Peninsula of Wisdom' considering it refers to a geographical feature, it can also be read as the 'head of wisdom', which is ironic considering that is something the Egyptian elite are missing due to the bad state of the country.
@larsstougaard7097 3 ай бұрын
I think Hekma or Hikma something about wisdom and Ras is head. So a huge risk of a project in Egypt of " The wise Head " 😅
@Yaseen0 3 ай бұрын
@@larsstougaard7097no see for reference ras el khaima in UAE
@retf8977 3 ай бұрын
Yeah we joke about it in Egypt
@sultanhaider1176 2 ай бұрын
I am a subscriber of this channel since it only had few hundred or a thousand subscribers. Seeing it reach over 1.5 million subs makes me feel like a winner like backing a right horse. Well done you deserve all this.
@Rihana_tarek 29 күн бұрын
It's an investment, not a sale
@salehmohamedal-olofi196 2 ай бұрын
When your head of state is a general, a failed state is the inevitable result.
@4-SeasonNature 3 ай бұрын
We drove past the new City last November. It's taking shape with the major streets and some buildings completed. Some universities have moved in already.
@hotpaprika67 3 ай бұрын
UAE is also building a smart city in Budapest Hungary..
@salsaniggas8544 3 ай бұрын
Budapest is already a city, where are they building it ?
@hotpaprika67 3 ай бұрын
@@salsaniggas8544 Hungary signed an economic cooperation agreement with the United Arab Emirates on March 14 that paves the way for a €5bn rehabilitation project in Budapest, creating a massive new quarter in the capital. The agreement was signed by Minister of Foreign Affairs and Trade Peter Szijjarto and the UAE's Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi in Budapest.
@zerma6 3 ай бұрын
What are you talking about?
@hotpaprika67 3 ай бұрын
@@zerma6 deleted my earlier comments
@AdastraRecordings 3 ай бұрын
Amazing work, thanks for sharing.
@turnleft8645 3 ай бұрын
As usual, interesting as always Shirvan. Keep it up👍
@Alon_Jak 3 ай бұрын
Amazing video, as always! Thank you Shirvan! No AI can replace your high quality analysis and videos.
@mariomenezes1153 3 ай бұрын
Lovely video! Thank you!
@revinhatol 3 ай бұрын
Basically, both Egypt and the UAE are collaborating on a new city on the Mediterranean coast.
@basillah7650 3 ай бұрын
No eua is building a city for its rich elite to live in as a second home nice and safe away from the poor people eae
@christonngoveni8438 3 ай бұрын
Egypt will need to come with good economic policies that generate good earnings for the country to run the country. They cant run on debt forever and running to the gulf for money.
@User437dotnetvertified 3 ай бұрын
Egypt is doing well😊 In 2075 The GDP will be 10.4 trillion dollars in the top 7
@retf8977 3 ай бұрын
@@User437dotnetvertifiedmashy ya 3arص
@emrecanarduc4378 3 ай бұрын
they will build another rich-strata bubble city in the desert ? How many times they will repat this mistake ?
@Hasanaljadid 3 ай бұрын
Dubai is successful
@EEM_4 3 ай бұрын
@@Hasanaljadidbeyond successful
@gabbar51ngh 3 ай бұрын
It works though. They just need good policies too. Just throwing money won't work.
@ThomasD66 3 ай бұрын
Dubai has more foreign workers than natives. In this city Egyptians will be the 'guest workers' in their own land, sending their paychecks as remittances back to their families in Cairo.
@gideonmele1556 3 ай бұрын
@@Hasanaljadidlooks at the slums of Indian foreign workers to keep a small population in luxury sitting in a desert off of oil money and marketing heavy pampering of tourists
@Moribus_Artibus 3 ай бұрын
This was a very savvy episode, it almost felt like a story from antiquity. Good job, Shirvan
@asalaiman 3 ай бұрын
Who is Shirvan?
@Moribus_Artibus 3 ай бұрын
@@asalaiman The speaker and creator of Caspian Report.
@quantummotion 3 ай бұрын
Houthi hedge. By having a port controlled by the UAE in the Mediterranean, they can conduct deals, ship/receive goods and bypass the Hourhis shooting at anything passing the Red Sea. I also wonder if the UAE found natural gas in the Med, allowing them to ship to Southern Europe direct. If thats the case and Al-Sisi permits it, there could be very big problems. Regardless, very bold moves by the UAE. Its reminding me of the very active Italian trading states of Venice and Genoa in the late Middle Ages/Early Renaissance period.
@bravobeskov 3 ай бұрын
Excellent as always
@davidanalyst671 3 ай бұрын
the music sucks, and the content sounds like an AI. this was a 5 minute video. Where are the details on the city?
@user-rn5ks8sf5x 3 ай бұрын
As you explain it, the deal makes perfect sense. Everyone looking out for their interests. Nothing unusual in that.
@G2GROFLOL 3 ай бұрын
Great Video!!! Maybe time for a new microphone though :s Also the video qualuty seems to be a bit glitchy. Keep that gold standard Caspian team!!
@LuLzick 3 ай бұрын
Man, giving power to the military through a coup was such a good idea.
@mh4612 3 ай бұрын
Could you elaborate
@retf8977 3 ай бұрын
No one gave them power, although no one really resisted them either It's a lesson that we will not be able to forget
@EM-tx3ly 3 ай бұрын
Military has stabilized the country but I agree in long run it’s detrimental
@lukaswilhelm9290 3 ай бұрын
Egypt always found itself ruled by military dictator like Ptolemy I and the Mamluks.
@laststand6420 3 ай бұрын
Power comes from the barrel of a gun. They didn't give the military their power, the military just took it. Most western militaries are highly segmented and have political safeguards precisely to prevent this same type of situation.
@EgnachHelton 3 ай бұрын
Nasser would be rolling in his grave if he were to heard about this 😂
@z.8919 3 ай бұрын
The relationship between the UAE and Egypt isn't a business relationship, UAE has been committed to Egypt since the beginning of its time. The UAE & Egypt share a brotherhood relationship, we share the same fate, and our existence is closely tied. UAE never ever wants to see Egypt fall like the other neighboring countries, and the UAE is willing to do everything to keep Egypt standing strong.
@khaledamer2693 19 күн бұрын
That was a good report guys. I also appreciate it was unbiased and updated 😎👍
@carmo0 3 ай бұрын
You forgot to mention Al Qattara project that appears to be phase two of this new development. Great video as always Shirvan! 👍
@tolrem 3 ай бұрын
I always ask the same question..Where is the fresh water coming from [desalination plants?] and where does the sewerage go? Also where is the electricity coming from?
@d.l.d.l.8140 Ай бұрын
There are large sections of pure water in some spots of the ocean that stay separated from the saltwater, they may have found one of those offshore. Otherwise, they’re planning on pumping ground water, and that is not a permanent solution for a development of that size. It’s only money.
@peropero2307 3 ай бұрын
I live in a tourist city, the problem with Egypt and their tourism is in a culture, here you can go everywhere explore what ever you want. In Egypt is a different story... There are WAY too many scams + some ppl will try to pull you into stuff that you don't want to do, and they can be aggressive. I have been only once there, and I don't want to go back. They have to change the ppl if they wanna tourism. We have a lot of Hollywood stars here, and they like it, know why? We leave em alone and treat em as regular ppl. Neil Patrick Harris is basically my neighbor for around 10y, and we only spoke few times in last let say 3 because our path are crossed, so I see him a lot. I cannot imagine ppl like him going there, all those ppl would swarm him and try to take pics this and that.
@fastmot1on 3 ай бұрын
It's not only tourism, they do business and administration in a similar hostile way. This is why even egyptian branches of EMEA companies never hire Egyptians, the education and work ethics is simply non existent.
@rejvaik00 3 ай бұрын
Egypt is also currently under a dictatorship via El Sisi so it's going to be far harder to attract people to it
@EricThyKaiser 3 ай бұрын
As the guy above said they are under a terrible dictatorship we will overthrow some day. And what you say is quite rude about egyptians. We are a nice population if you ignore the poor scammers, all you do is ignorem simple as that
@Hasanaljadid 3 ай бұрын
@@rejvaik00El sisi is very tolarent Leader
@Exxperiment626 3 ай бұрын
@@Hasanaljadid Still a dictator...
@maxmorris4562 3 ай бұрын
3:58 Pros 7:03 Cons 8:50 Reason 12:28, 13:11
@gabrielfuret4852 3 ай бұрын
great video
@AkshanshJha 3 ай бұрын
I am sure egypt got the plan after watching this video
@eyeofthepyramid2596 3 ай бұрын
We are talking about people with big brains - Politicians.
@jolly-rancher 3 ай бұрын
Egypt is actually over 100 times the size of the UAE if you don't count all the foreign temporary workers, which you shouldn't.
@sweetpopcorn9579 3 ай бұрын
So what? What are you trying to say by that
@rhobot75 3 ай бұрын
Interesting. Thank you.
@somuchmoney452 3 ай бұрын
As an Egyptian myself That investment isn't a surprise.. since the area between alexandria and marsa matruh has seen some development like the new city of Al Alamein and other coastal developments near it that have been a very popular summer vacation and the sand and water there is amazing so it has so much potential.
@KT-ki6gz 3 ай бұрын
Is building a Dubai in Egypt going to come with changes in not treating every tourist like complete shit? Everyone from officials, police, scammers, and pickpockets try to take every dollar you have the moment you land in the airport.
@gpcivil8807 3 ай бұрын
I hear that from everyone
@basillah7650 3 ай бұрын
@@gpcivil8807 Because its true.
@muichirotokitotokito6819 3 ай бұрын
Pls I got scammed there
@psadlkfpsk 3 ай бұрын
Nope, because the people are going to stay dirt poor with no morals thinking "dog-eat-dog" is the only way to live, just like the pea-brained animals in charge that are driving this sorry excuse of a country to the depths of hell.
@SYED_SHAH07 3 ай бұрын
I’ve traveled to around 30 countries in my life and Egypt BY FAR was the most traumatising for me, not far behind that Turkey but seriously those people need to be humbled.
@Elongated_Muskrat 3 ай бұрын
I got a bridge they can buy too, they will have to transport it themselves though.
@here_we_go_again2571 3 ай бұрын
Thank you Shirvan! I always look forward to your videos. 👍😊 @ 16:38-9 "Leveling the playing field with Iran" I've got a sneaky suspicion that some of that leveling is going to occur in Yemen!
@goodwinphotoartgiclee9514 3 ай бұрын
Excellent report.
@user295295 3 ай бұрын
Egypt has miles of undeveloped coastline along the Mediterreanean and the Red Sea- both in the gulf of Suez and Aquaba. Coasline cities areas could attract all sorts of capital from the wealthiest to the poorest. Its actually a shame that Egypt couldnt develop it themselves, but should partner with those who can.
@oeldesouky 3 ай бұрын
A lot of the coastline along the Mediterreanean is populated with "summer compounds" for the wealthy Egyptian Elite, starting from Alexandria all the way along to Marsa Matruh.
@u-3641 3 ай бұрын
El Alamein city
@Dayvit78 3 ай бұрын
Sure, but why not closer? Who wants to live 200km out in the middle of nowhere? Oh because everything will be built there? Sure, sure it will...
@moorefyre9381 3 ай бұрын
I'm in sahil and this is my second time up here. This place is 💯 underdeveloped which is a crazy statement because there is new builds everywhere but no one here. Worth seeing in peak season to see the difference
@anthonymanderson7671 3 ай бұрын
They can't develop themselves mainly because of their incompetence.
@dariusdareme 3 ай бұрын
As a European, I like that the UAE spend their oil money in the Mediterranean.
@srafid2000 3 ай бұрын
UAE is buying influence in Egypt. And I'm happy to see a gulf country buy influence in Egypt rather than a western country.
@TENGRI-101 3 ай бұрын
@@srafid2000 They're gonna manage gaza soon.
@reemsaif3105 3 ай бұрын
When we say uae we really mean the us for military base. You should find a good political reason for it to happen. Good luck
@cyclomb 3 ай бұрын
@@srafid2000 lmfao
@frederickodiase971 3 ай бұрын
@srafid2000 no it's bad. Different management same rule. Same with the western African countries leaving France for Russia. Just a bunch of corrupt people leading their countries to downfall for the sake of short term monetary gains for themselves and leaving their countries to pay for it all.
@Jondiceful 3 ай бұрын
I really liked the music on this episode, but I don't see it listed in the credits. Anyone know what it is from?
@Lukas4182 3 ай бұрын
Often, your videos are just a bunch of stock videos with little real content. But this one was indeed quite informative and with a nice support of graphics and maps
@staticcouch135 3 ай бұрын
Houthis have changed the geopolitical field for the better not “worse”, I would argue to to the complacency of UAE and Egypt to the geno$ide occurring.
@UncleJoeLITE 3 ай бұрын
Hang on! Isn't 'InVideo AI' the REAL Trojan Horse in this video??? _edit: your own accent would sound "human like" to many USAers._
@larsstougaard7097 3 ай бұрын
Ha ha exactly you have to dive deep into this matrix to find the truth and the horse
@parasf2984 3 ай бұрын
What a great video
@Offe2246 3 ай бұрын
It's a BIG video thank you
@leobaghirli4630 3 ай бұрын
Shirvan, comments are flooded with people (or bots) giving you negative comments or sometimes calling you a bot, AI or something. You are being targeted my friend. Be safe and correct your sound effects, it does sound like AI
@larsstougaard7097 3 ай бұрын
Yes who started this AI war ⚔️?
@mike_tw3876 3 ай бұрын
Thats because it probably is AI
@bogdanb32 3 ай бұрын
Why do you say that ordinary Egyptians will not benefit from the project? Someone needs to do the construction and contracting on the development Someone will work all those jobs that will be created there (schools, hospitals, malls, hotels, restaurants etc.) The project will add foreign currency in the country All the tourists that wii go there will add foreign currency in Egypt This is almost "infrastructre stimulus" and it also has a multiplier effect in the economy
@yisraelmeirsobel907 3 ай бұрын
Not to mention that once you build the place, it is easier to connect more suburbs to it.
@Hans_Peterson 3 ай бұрын
If you have tourist wanting a Dubai like experience, why would they not just go to Dubai? What is going to draw them to a Dubai copy cat city in Egypt away from all the things tourist generally want to see in Egypt? Additionally, If you do think this type of city is viable and if there are political and economic roadblocks for this type of development to take place without the assistance of the UAE, then would it not make more sense to reform Egypt’s economic and political policies and structure to allow for more economic growth and for such development to be able to occur organically?
@lastword8783 3 ай бұрын
@@Hans_Petersonthat doesnt make any sense. If people like going to a dubai like city, they will go to a dubai like city in Egypt.
@Hans_Peterson 3 ай бұрын
@@lastword8783 I think Dubai occupies a pretty niche economy that to me seems pretty comparable to a city like Las Vegas - both of them develop cheap desert land into hotels, shopping malls and entertainment venues in combination with loosened restrictions on various behaviors normally not permitted in their respective cultures. It probably wouldn’t make sense if say Phoenix tried to be a copy cat city of Las Vegas, they would probably either not be able to over come Las Vegas’s first mover advantage to attract those types of tourist, or they would split that tourist market and be worse off than if they had tried to find their own economic niche to occupy. Phoenix today does have a healthy tourist market, but the people going to 5 star self improvement meditation resorts in the Mojave desert aren’t the same type of tourist that are wanting to go to Las Vegas to gamble and go to night clubs.
@ahmed4100 3 ай бұрын
@@Hans_Petersonthis is probably the best coast in the world, truly. But yea definitely the bigger proper change would be structural reforms in egypt as a whole to make investments easier. But hey maybe after this is a success the gov realizes WHY its a success
@john-carl2054 2 ай бұрын
Egypt is basically the original country. Hope they can work everything out.
@gabrielresponse 3 ай бұрын
Does anyone have a clue of the music he has playing throughout the video? It feels so good.
@st4849 3 ай бұрын
In the meantime they'll be losing out on 9bn USD a year due to the out-of-order Suez-Canal - which is 20% of the government's annual income. ...and they feel comfortable to do nothing to stop the commotion.
@CaspianReport 3 ай бұрын
Egypt doesn't have the means to do anything about it.
@st4849 3 ай бұрын
@@CaspianReport That's so bad. Thanks for responding!
@umueri1877 3 ай бұрын
What happened to the canal?
@rejvaik00 3 ай бұрын
@@umueri1877it's not considered safe to use anymore as the Houthis in Yemen will attempt to attack anything that transits it And no one wants to be the one to take on the Houthis not because they can't defeat them but because of the high cost in material and resources to occupy and deal with the humanitarian crisis in post Houthi controlled Yemen So it's kind of a strange W for the Houthis they get to use their poverty as a shield from more powerful nations like the US from directly stopping them Instead the US has to defend ships transitioning the Suez canal and and stop Houthi controlled drones worth 20,000$ using rockets and missiles worth millions of dollars So the Houthis also get to inflict damage of an economic impact even when they fail
@st4849 3 ай бұрын
@@umueri1877 Houthis scaring ships away
@Bokoyo 3 ай бұрын
Eid Mubarak ☪️
@SuhbanIo 3 ай бұрын
eid mubarak
@AironSmieciowy-di3qy 2 ай бұрын
Great video!
@woodcutt3r 3 ай бұрын
What is the name of the background music? from 3:47
@ahmedhany7035 3 ай бұрын
15:30 Cairo already has better seats at the Turkish banquet, Egypt is already home to eastern Mediterranean gas forum which helped forming alliance with Greece and Cyprus for future natural gas and electricity connections, forcing Turkey to withdraw its forces from Libya and renegotiate with Egypt and Greece in the eastern Mediterranean
@benqurayza7872 3 ай бұрын
Fascinating report. The Emiratis have made creative use of their wealth, essentially leasing a piece of Egypt and a strategic location on the Mediterranean. It is ironic that, today, Egypt is almost a failed state: overpopulated and barely governable. In Roman times, it was, with a population of 6 million, a wealthy province of the empire
@retf8977 3 ай бұрын
Overpopulation is the coathanger that failed third world governments use to shift the blame to their population. Overpopulation is not a thing, the problem is corruption
@mznxbcv12345 3 ай бұрын
It wasn't wealthy, Rome's wealth was dependant on it, about a third of the revenue came from Egypt as it was NOT a province, it was personal property.
@ThomasD66 3 ай бұрын
UAE trying to be the world's new Venice.
@MrSnip07 3 ай бұрын
@@mznxbcv12345not only that, it basically fed the entire empire
@my5092 3 ай бұрын
Egypt was at its best state in the time of thurmose lll
@mark_egzafier 2 ай бұрын
Well the UAE really showed us much influence they've got over there . diversing the Abu Dhabi s economy is a great plan right after the giant success Dubai had it that left the town as a mega global influential city in economy trade tourism technology business real estate . so by far investing in other countries is a god damn clever way
@khelifimohamedzakaria776 3 ай бұрын
a frog being boiled doesn't feel death coming... wake up people of Egypt
@barrowbarre6411 3 ай бұрын
Let them develop❤ the city. Egypt will take it back from them when a great leader comes to power.
@abdullahdaniyal114 3 ай бұрын
Shirvan, I have a suggestion: Please make a series on Cold War in the Muslim World.
@blueguy5588 3 ай бұрын
Even if the UAE is making a move at expanding its sphere of influence in the Near East, this is a strong move for Egypt. The country needs money and has pawned off virtually unused territory. Even if there are challenges to Egyptian sovereignty, which isn’t in the UAE’s immediate interest, they can deal with that later when their negotiating position is stronger. As Machiavelli says, never be a fencesitter.
@kokop1107 3 ай бұрын
Is it me or did you really work on your accent ant pronunciation? Sounds good man!
@01FNG 3 ай бұрын
It's very funny how western "critics" see multipolar cooperation and feel threatened.
@Bobelponge123 3 ай бұрын
He’s Azeri
@AMen-yw9cr 3 ай бұрын
"To divide a cake in such a way, that everyone thinks they have the biggest piece"
@michaelowino228 3 ай бұрын
Good video.
@gf-ec7mv 3 ай бұрын
Fazza again you show just how brilliant and amazingly creative Man...!!
@BenschiVids 3 ай бұрын
I find it baffling that you're trying to compare this development in terms of "resource-less potential" with Singapore. Singapore is at the neck of one of the worlds most important shipping route. Of course that will turn it into an important place that doesn't need resources to be valuable. But in Egypt, so far from major trade routes, without oil or gas fields in the immediate vicinity, I fail to see how that can compare.
@the55squad 3 ай бұрын
Egypt literally controls the suez canal.
@GwynCann 3 ай бұрын
"Egypt, so far from major trade routes"??!! Egypt CONTROLS the quickest route between Europe and Asia -- the Suez Canal. BenschiVids gets three upvote for that kind of analysis?
@Raidlit13 3 ай бұрын
Doesn't Egypt own the suez canal? The fastest ocean route between Asia and Europe?
@BenschiVids 3 ай бұрын
@@Raidlit13 yes it does, but that is quite far from the place talked in the video
@djurius 3 ай бұрын
bro you're gonna lose your entire channel if you keep making videos with AI
@emerald42481 3 ай бұрын
Hi friend Which part is made is AI?
@JabbarTV1 3 ай бұрын
@@emerald42481 think he means that sponsor
@user-op8fg3ny3j 3 ай бұрын
@@emerald42481that's the scary part. You can never know
@phlezktravels 3 ай бұрын
Bro you're adorable if you believe that 😂 fear mongerer
@EliteInsider 3 ай бұрын
@@emerald42481his voice has been digitized.
@Afaq-vw6hm 21 күн бұрын
I live in Jordan. Tourism not only effected Egypt but Jordan as well. We just got over COVID drama, our tourism recovered. We were expecting a boom of tourists this year when Oct 7 happened. It has essentially squashed our tourism; and the war is not in our country. Its been devadtating
@carlramirez6339 3 ай бұрын
How will agriculture work in Ras El Hekma without freshwater?
@-umph 3 ай бұрын
Don't advertise that AI spam stuff dude.
@mike_tw3876 3 ай бұрын
He already uses it for his videos
@Arnisho 3 ай бұрын
lets hope this isnt AI generated like his last video
@user-op8fg3ny3j 3 ай бұрын
Careful, you'll trigger his AI tech bro fans
@larsstougaard7097 3 ай бұрын
Elon Musk will ban you
@salmaahmed7789 3 ай бұрын
also, there is a condition that says, all the workers and engineers will be egyptians. and the north cost in egypt is like heaven, madive of the middle east, it's a win-win situation
@allysonyoung2771 25 күн бұрын
I lived in 3 countries in the Middle East for 10 years. This project is fascinating.
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