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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
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.
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 🚩
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.
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.
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 🤷♂️
"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 UA-cam on a daily basis
@@ArawnOfAnnwn that is how one should quote. It's pretentious to go about saying "from ____ _____." Much better to put them in there, and have those who recognize the source be able to appreciate it.
@@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 .
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)
This channel always had it for Egypt. Always carrying a smearing undertone. You'll notice the total change in tone when he's discussing the likes of Turkey and Israel. His bias is as clear as the sun.
Faith's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery.
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 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.
@@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
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.
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.
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.
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.
@terminateurextra-ordinaire3925 Idiotic comment to compare the egyptian north coast to the gulf cities. Shows you know nothing about the region or its environment
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.
@@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.
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.
Relying on tourism is a mistake for any country. This combination of low tech manufacturing and over reliance on tourism can never bring wealth to a country as big as Egypt.
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
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 🇩🇿
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.
@@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
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.
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.
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
@@gustavfringdelapolloshermanos The sad thing, is that in Hosni mubarak's time before the revolution, despite all does dictator things (nothing changed in that regard only got worse) Egypt was doing well, very well in fact, they were developing fast and everybody was predicting them to keep groing. it's been a free fall since the revolution
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.
@@Umu_Eriit'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
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.
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.
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.
@@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.
People often confuse land investment with selling. Ras El Hekma is allocated to the UAE for investment, not sold to them. Egyptian law prohibits the sale of land to foreign countries, and violating this law could trigger another revolution. This misunderstanding stems from a broader trend in how land use and development are perceived. The concept of leasing or granting investment rights can be baffling to many who see only the visible influence of foreign capital in urban landscapes.
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?
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.
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.
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
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
Okay so for a start the north west area of Egypt's Mediterranean coast isn't deserted, as someone living in Egypt and works in the real estate industry, that area has a very old city called Marsa Matrouh that been living for decades and has one of the most beautiful seawater in the globe. Between Marsa Matrouh and all the way to the end of Ras El Hekma there is so many Egyptian powered development exiting and even more under construction that sum to more than 15K acres along the shore of the Mediterranean sea. Secondly The area of Ras El Hekma has had very small developments since King Farouk in the 1940's and has been recognized since then as a beautiful spot with beautiful sea waters and beautiful white sands, so there has always been the concept of transforming it at some point to be one of the most attractive tourism hot spots amongst all the countries and cities overlooking the Mediterranean Sea. Lastly it really gets on my nerves how you pronounce Emirates!
Sad Story. Egypt, Weaker than ever, because the Nile is Drying up and the Red Sea is not a Safe place to Trade, find themselves forced to efffectively Sell a Colony to the Rich UAE. Yes, the benefits mentioned are considerable, it probably is still a deal Egypt should take. But it is still Sad that things Have Come to This for Egypt.
It's the first time I see some deal like that Does that mean it gonna be like a federal state with their laws, out of dominance, selling estates to anyone they want .. etc ?
Everyone in the comments is saying he's going to lose his channel to AI, but, while AI has made great strides, there is no way it could make this kind of video without Caspian Report holding its hand. And I think he knows it and is not threatened by it.
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.
11:51 That's a mistake Egypt were never in an alliance with the Sudanese RSF, actually there were an incident were the RSF captured some Egyptian soldiers that were stated in Sudan and even had it on video, so in this matter the UAE and Egypt are actually on the opposite side of the Sudanese civil war which makes the Ras Al Hekma deal more and more awkward.
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
4:15 the levant lands on which isreal took over are rich to the core, the state of isreal cannot be seen poor in resources by no way, this was a big report mistake
Wow 90% baloney covered by 10% truth. BTW I’m an Egyptian from the north coast of Egypt 50km away from ras al hekma. Do yourself a favor and don’t watch videos like that.
Because he sounds much more robotic in this video and there is a noise after every sentence like its AI reading it loud that match perfect the promotion in this video. Its a triple hit that makes it feel real that he is not real 😅
I think you hit the nail on the head with the Timeshare comparison. The location of the city is not that much farther north than Dubai but the climate is a lot less harsh in the height of summer, also a good place to park a yacht in the med.
They control Socotra in the name of their South Yemen client state in Aden, who also have forces there and were certainly not upset. The widely-recognized Yemeni Republic may have been upset that they lost control, but they barely control any territory on the mainland (it’s virtually all controlled by either the Southerners or the Houthis) and thus have little sway in the matter.
Egypt has so much potential .. However too many people , poor infrastructure and bad governance hinders it .. IMF and others sources of cash have lost interest . What Egypt needs is intelligent government, birth control and more jobs ..
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.
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.
UAE has been getting their hands dirty in Libya, Sudan & North Africa for years now. Having a base of operations in the birthplace of the Arab Spring helps prevent a sequel.
Now you're feeding your followers BS. Egypt supports the Rapid Response Forces? It's literally fighting them, Egypt and UAE flanking Saudi? They're the same bloc. Even discussing a "naval base" in Ras Al Hekma? Your imagination has gone far and beyond. Trying to make content from the most miniscule event, this sucked. It's an economic bailout in line with their political alliance. Simply put, Ras Al Hekma is an excuse for UAE to transfer funds to Egypt, it has no strategic value, and you will never hear that name again unless you wanna go swimming. To think I used to like this channel...
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"📈📈✅✅✅🆒🆒🆒
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.
"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?
While Egyptians are suffering.... Al Sisi is building Dozens of Presidential Palaces and hotels for army and Gold Fields and Giving all the positions and Management to army officers and endless of projects that lacks study resulting with a catastrophe.... And when he was faced with the truth he said yes I'm building Presidential palaces it's not for me it's for you And when he was faced with Lack of feasibility studies ... he said if we wasted our time on feasibility studies we wouldn't have accomplished all of that 😂😂😂 The Egyptian army is like Italian mafia in Egypt 🇪🇬
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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
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.
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.
You're promoting the end of your entire career
Israel poor resources. It literally has full usa support . At this rate u are just a west oriented channel
Talk about the west problems.
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.
“35% of the profits” but then there never are any, like investing in a Broadway play…
Classic military rule
that's what happens when a place is crap-poor but still has workers
@@eVill420💥👏🏻👏🏻👏🏻
What city? Google earth shows an empty desert!!
Arab leaders try not to waste all their country's national treasure on stupid projects (impossible)
Dubai wasn’t a stupid project
@Hasanaljadid Dubai is getting too hot, is it not?
@@quincyquincy4764Not all year actually
@@Hasanaljadid ua-cam.com/video/tJuqe6sre2I/v-deo.htmlsi=V-OJmwwpEGXQAplq
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.
If the Egyptians were selling pyramids, wouldn't that make it a pyramid scheme 🤔😂
They can’t sell something they ain’t built 😂
White people did it. Right? @@LionKing-hs3hg
cool
Prove it.@@LionKing-hs3hg
@Why not?LionKing-hs3hg
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
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 🚩
@@Moemuntz it's a military state they use military mindset to rule the country "panic of change" what do you except from military ?
هذة الشركات مش خايفين من الحكومات القادمة ان تأتي وتخد كل شي منهم ( تامين ) وتروح فلوسهم زي عبد الناصر عمل رمان
EXACTLY 🧐🧐💯💯💯💯
You mean in their personal poket
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.
Why is that a big deal? Its still enjoyable imo
@@afro_princess1671 n oo i t is n ot...
what are you talking about bro's accent is still the same
@@mahino420 No. I has been altered by ai to make it sound more English....
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
History often repeats itself, first as a tragedy second as a farce.
I think you mean Ptolemy XII
@@qusai05 no. It was the tenth who did it first.
That’s the Egyptian way
UAE is dumb bc they can’t protect it,they should’ve made it a colony or country
Content starts at 03:47.
👑
Thanks
🙏
We know.
Thankyou
Generals thinking they know how to run an economy. Sadly a recurring story in Africa and Asia.
Don't forget Latin America... =/
Fair point.. 👍
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.
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
🤷♂️
and in south america
"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 UA-cam on a daily basis
But it's not true, it simply sounds good.
my man hit deep with them riddles
They aren't his quotes. He just never provides credit or attribution. This one comes from Ludwig Erhard.
@@ArawnOfAnnwn that is how one should quote. It's pretentious to go about saying "from ____ _____." Much better to put them in there, and have those who recognize the source be able to appreciate it.
It's like UAE is playing SimCity in real life.
😂😂😂
They are. Have you seen Dubai?
Zionism i hella of a drug
😂
You're literally getting sponsored by a company that's seeking to replace you? 🤔🤔
Nah it's called technology
All these UA-camr's are fucked in the next couple of years
He himself is sounding Robotic lately, so yeah he's turning into AI himself
Yep, I might start the CaspainReport lmao
That bag must be worth it then 💰
The art of compromise is that everyone believes they get the biggest piece 😳
Amazing quotes.The best channel.All about perception
@@elessar947 They aren't his quotes. He just never provides credit or attribution. This one comes from Ludwig Erhard.
@@ArawnOfAnnwn does it really matter ?
@@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.
@@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 .
Egypt giving those islands away was their biggest blunder of the 21st century
Ehhhhh I could name a few others
Yeah lmao @@larsstougaard7097
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 😕
@@KaleKutterit made us even broker
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.
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.
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)
It basically is
This channel always had it for Egypt. Always carrying a smearing undertone. You'll notice the total change in tone when he's discussing the likes of Turkey and Israel. His bias is as clear as the sun.
Of course, if that idea makes you sleep at night, it's for sure true
@@yose2830No it is not, check the government’s official gazette for the deal and don’t waste my time and yours
Hello, I don't know anything about investing and I'm looking to invest, any help? As well who can I reach out to?
Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.
It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.
I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Faith Reece
Faith's unique strength lies in her realistic approach which makes her different from other brokers who often set unattainable targets and fall short in delivery.
Talking to an expert like Faith Reece to reshape your portfolio is a very smart move
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.
It's a good deal for the Emiratis. Not so much for Egypt, though.
@@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.
@@Lonaticus literally the russians blocked Turkish workers from coming in after the deal blew over. It's an actual blunder.
@@CaspianReportI can’t believe you are ok with endorsing A.I. 😒
@@StLouis-yu9iz you do know AI can read your negative comments about it and will come for you first. ( I love you AI )
His voice sounds more robotic lately...
Loads of channels have been using AI voiceovers now
He's turning into AI
Was he ever real?
Funny comment
AI 🤖
The AI takeover of this channel is disappointing.
What?? Just because of an ad? Still better than Raid Shadow Legends.
@@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
Yeah the content has become garbage, repetitive and the only original thought is in the cringe quotes
what ai takeover??
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.
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.
I'm from Azerbaijan 😅
Beautiful job, Shirvan.
I suspect the UAE is planning on water and oil development
in this area, a win-win for both.
Umm, global warming? 🤦🤦♂🤦♀
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.
That Al Alamein, not ras el hikma
@@ahmed4100 So many new cities, for what? Just spending money on nothing and impoverishing the people.
I hope that this city project will succeed and that Egypt and the Emirates will benefit from it.
I hope Egypt benefits but not the Emirates 😅
whats that flag?
@@ojn89hn pan-arab flag
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.
@terminateurextra-ordinaire3925
Idiotic comment to compare the egyptian north coast to the gulf cities. Shows you know nothing about the region or its environment
Man, giving power to the military through a coup was such a good idea.
Could you elaborate
No one gave them power, although no one really resisted them either
It's a lesson that we will not be able to forget
Military has stabilized the country but I agree in long run it’s detrimental
Egypt always found itself ruled by military dictator like Ptolemy I and the Mamluks.
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.
Outstanding presentation! Especially notable were the 'graphical maps.' Thanks for all you do!
As you explain it, the deal makes perfect sense. Everyone looking out for their interests. Nothing unusual in that.
Love these reports, go deep and go hard. Really interesting, I always learn a lot. Well done as usual.
The city being called Ras El Hekma is ironic.
Why? What does the name mean?
@@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.
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 " 😅
@@larsstougaard7097no see for reference ras el khaima in UAE
Yeah we joke about it in Egypt
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.
Egypt is doing well😊
In 2075
The GDP will be 10.4 trillion dollars in the top 7
@@quirky.sciencemashy ya 3arص
When your head of state is a general, a failed state is the inevitable result.
Relying on tourism is a mistake for any country. This combination of low tech manufacturing and over reliance on tourism can never bring wealth to a country as big as Egypt.
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
Lol you're Moroccan aren't you
I think the military is the lesser evil than an Islamist rule...
I am Egyptian and he said nothing wrong imho
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 🇩🇿
@@lestrange-du-nil You can reform a republic that has a strong military institution, but it is almost impossible to reform an absolute monarchy.
they will build another rich-strata bubble city in the desert ? How many times they will repat this mistake ?
Dubai is successful
@@Hasanaljadidbeyond successful
It works though. They just need good policies too. Just throwing money won't work.
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.
@@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
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.
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.
El Alamein city
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...
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
They can't develop themselves mainly because of their incompetence.
This was a very savvy episode, it almost felt like a story from antiquity.
Good job, Shirvan
Who is Shirvan?
@@asalaiman The speaker and creator of Caspian Report.
For a nation with so much potential, Egypts government keeps scoring own goals.
hosni mubarak would have said no
@@gustavfringdelapolloshermanos The sad thing, is that in Hosni mubarak's time before the revolution, despite all does dictator things (nothing changed in that regard only got worse) Egypt was doing well, very well in fact, they were developing fast and everybody was predicting them to keep groing.
it's been a free fall since the revolution
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.
Egypt doesn't have the means to do anything about it.
@@CaspianReport That's so bad. Thanks for responding!
What happened to the canal?
@@Umu_Eriit'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
@@Umu_Eri Houthis scaring ships away
Basically, both Egypt and the UAE are collaborating on a new city on the Mediterranean coast.
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
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.
Amazing video, as always! Thank you Shirvan! No AI can replace your high quality analysis and videos.
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.
I hear that from everyone
@@gpcivil8807 Because its true.
Pls I got scammed there
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.
Come without money
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.
So what? What are you trying to say by that
you mean population size
@@hmoood-xq7lu yes obviously
@@sweetpopcorn9579 it was correcting a mistake in the video. watch before you comment.
UAE is also building a smart city in Budapest Hungary..
Budapest is already a city, where are they building it ?
@@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.
What are you talking about?
@@zerma6 deleted my earlier comments
Nasser would be rolling in his grave if he were to heard about this 😂
People often confuse land investment with selling. Ras El Hekma is allocated to the UAE for investment, not sold to them. Egyptian law prohibits the sale of land to foreign countries, and violating this law could trigger another revolution. This misunderstanding stems from a broader trend in how land use and development are perceived. The concept of leasing or granting investment rights can be baffling to many who see only the visible influence of foreign capital in urban landscapes.
"the art of compromise is divining a cake so that everyone thinks is got the biggest piece. " - another great one.
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?
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.
I am sure egypt got the plan after watching this video
We are talking about people with big brains - Politicians.
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.
Execution is terrible regardless
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
3:58
Pros 7:03
Cons 8:50
Reason 12:28, 13:11
As usual, interesting as always Shirvan. Keep it up👍
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
Yes who started this AI war ⚔️?
Thats because it probably is AI
Shirvan, I have a suggestion: Please make a series on Cold War in the Muslim World.
Okay so for a start the north west area of Egypt's Mediterranean coast isn't deserted, as someone living in Egypt and works in the real estate industry, that area has a very old city called Marsa Matrouh that been living for decades and has one of the most beautiful seawater in the globe.
Between Marsa Matrouh and all the way to the end of Ras El Hekma there is so many Egyptian powered development exiting and even more under construction that sum to more than 15K acres along the shore of the Mediterranean sea.
Secondly The area of Ras El Hekma has had very small developments since King Farouk in the 1940's and has been recognized since then as a beautiful spot with beautiful sea waters and beautiful white sands, so there has always been the concept of transforming it at some point to be one of the most attractive tourism hot spots amongst all the countries and cities overlooking the Mediterranean Sea.
Lastly it really gets on my nerves how you pronounce Emirates!
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!!
a frog being boiled doesn't feel death coming... wake up people of Egypt
Sad Story. Egypt, Weaker than ever, because the Nile is Drying up and the Red Sea is not a Safe place to Trade, find themselves forced to efffectively Sell a Colony to the Rich UAE.
Yes, the benefits mentioned are considerable, it probably is still a deal Egypt should take. But it is still Sad that things Have Come to This for Egypt.
It's the first time I see some deal like that
Does that mean it gonna be like a federal state with their laws, out of dominance, selling estates to anyone they want .. etc ?
Everyone in the comments is saying he's going to lose his channel to AI, but, while AI has made great strides, there is no way it could make this kind of video without Caspian Report holding its hand. And I think he knows it and is not threatened by it.
Ai just a auto reader because people to lazy to talk or read themselves.
Time for an update. Thanks.
You forgot to mention Al Qattara project that appears to be phase two of this new development. Great video as always Shirvan! 👍
lets hope this isnt AI generated like his last video
Careful, you'll trigger his AI tech bro fans
Elon Musk will ban you
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.
What is the name of the background music? from 3:47
Eid Mubarak ☪️
eid mubarak
Lovely video! Thank you!
11:51 That's a mistake Egypt were never in an alliance with the Sudanese RSF, actually there were an incident were the RSF captured some Egyptian soldiers that were stated in Sudan and even had it on video, so in this matter the UAE and Egypt are actually on the opposite side of the Sudanese civil war which makes the Ras Al Hekma deal more and more awkward.
I got a bridge they can buy too, they will have to transport it themselves though.
"To divide a cake in such a way, that everyone thinks they have the biggest piece"
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
4:15 the levant lands on which isreal took over are rich to the core, the state of isreal cannot be seen poor in resources by no way, this was a big report mistake
It's a BIG video thank you
Wow 90% baloney covered by 10% truth. BTW I’m an Egyptian from the north coast of Egypt 50km away from ras al hekma. Do yourself a favor and don’t watch videos like that.
Okay why do you think it’s pronounced EmiraTHI? I’ve never heard anyone else pronounce it like that. It’s Emirati « Tea »
He does this with many words that include T
He’s Indian
@@ahmed4100 its an ai autoreader
lol why are people saying his voice is AI now?
It'snot but it's because these kind of channel's are taken over by AI voiceovers. Shirvan is still reading.
Because he sounds much more robotic in this video and there is a noise after every sentence like its AI reading it loud that match perfect the promotion in this video. Its a triple hit that makes it feel real that he is not real 😅
Because people are really, really dense. Shirvans mic is clipping, and somehow people think that it’s AI.
Cuz it is, he said it in the advert... Another youtuber ruined by the need for quick and cheap...
These people are idiots
I think you hit the nail on the head with the Timeshare comparison. The location of the city is not that much farther north than Dubai but the climate is a lot less harsh in the height of summer, also a good place to park a yacht in the med.
Amazing work, thanks for sharing.
Some of your footage is from Israel, not Egypt
Don't advertise that AI spam stuff dude.
He already uses it for his videos
And what jobs will the new city provide? Counting sand dunes?
Yes, is there any problem?
Yes
@@mohammed44_yes, I would think so
@@juanzulu1318 counting sand dunes can makes u rich if u put deep mind into it
@@mohammed44_ spiritually u mean? Yes, maybe. But you are still hungry.
They control Socotra in the name of their South Yemen client state in Aden, who also have forces there and were certainly not upset.
The widely-recognized Yemeni Republic may have been upset that they lost control, but they barely control any territory on the mainland (it’s virtually all controlled by either the Southerners or the Houthis) and thus have little sway in the matter.
Egypt has so much potential .. However too many people , poor infrastructure and bad governance hinders it .. IMF and others sources of cash have lost interest . What Egypt needs is intelligent government, birth control and more jobs ..
Birth control is so true lool, add better education standards to that list
Artificial cities will not work…
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.
Shirvan which part of the Muslim world are you allied with?
Turkiye🇹🇷
He's from Azerbaijan. I think in a video from some time ago he said that he isn't particularly aligned with anybody.
Some propaganda I think
Is it me or did you really work on your accent ant pronunciation? Sounds good man!
What a great video
It’s beautiful how explained this project with a look at the grand scheme, but you seemed to miss Israel in the equation.
Irrelevant Zionists
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.
Educating girls is the best investment.
I’d love to know CaspianReport’s educational background. His analysis is always top notch.
Good video.
UAE has been getting their hands dirty in Libya, Sudan & North Africa for years now. Having a base of operations in the birthplace of the Arab Spring helps prevent a sequel.
Now you're feeding your followers BS. Egypt supports the Rapid Response Forces? It's literally fighting them, Egypt and UAE flanking Saudi? They're the same bloc. Even discussing a "naval base" in Ras Al Hekma? Your imagination has gone far and beyond. Trying to make content from the most miniscule event, this sucked. It's an economic bailout in line with their political alliance. Simply put, Ras Al Hekma is an excuse for UAE to transfer funds to Egypt, it has no strategic value, and you will never hear that name again unless you wanna go swimming.
To think I used to like this channel...
Good points. This video is a bit..... imaginative. Egypt has many investors, for example Turkey is now one of Egypt's largest investors.
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"📈📈✅✅✅🆒🆒🆒
Did they buy intire cities and territories ?
Great video!
Great video! Do you make your own videos using invideo or some similar generative AI?
The UAE is a good actor on the world stage, this is good news
you what mate
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.
"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?
Doesn't Egypt own the suez canal? The fastest ocean route between Asia and Europe?
@@rarelife1 yes it does, but that is quite far from the place talked in the video
That is not the truth
Egypt never sell land to anyone
Those are investments between 2 countries
This is a propaganda channel run by a Azerbaijani..
While Egyptians are suffering....
Al Sisi is building Dozens of Presidential Palaces and hotels for army and Gold Fields and Giving all the positions and Management to army officers and endless of projects that lacks study resulting with a catastrophe....
And when he was faced with the truth he said yes I'm building Presidential palaces it's not for me it's for you
And when he was faced with Lack of feasibility studies ... he said if we wasted our time on feasibility studies we wouldn't have accomplished all of that 😂😂😂
The Egyptian army is like Italian mafia in Egypt 🇪🇬
Thank you Shirvan