Part 5/11:

Since the project’s announcement in 2015, there have been concerns regarding how public funding is being utilized. While President Sisi has consistently stated that the state will not financially back the new capital, reports reveal substantial expenditures have already been sourced from public funds. After a financing partnership with the United Arab Emirates faltered due to financial disagreements, the Egyptian military intervened, becoming a primary financial backer through a government entity known as the Administrative Capital for Urban Development (ACUD).