Egyptian President Abdel Fattah al-Sisi (R), United Arab Emirates (UAE) counterpart Sheikh Mohammed bin Rashid al-Maktoum (2nd R), and Egyptian investment minister Ashraf Salman (3rd R) look at a scale model of the new Egyptian capital Cairo displayed at the congress hall in the Red Sea resort of Sharm el-Sheikh, in this March 14, 2015 (Photo: The Egyptian Presidency)

Egyptian President Abdel Fattah al-Sisi (R) speaks with Prime Minister of the United Arab Emirates (UAE) and ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum (C) and Egyptian investment minister Ashraf Salman (3rd R) as they look at a scale model of the new Egyptian capital Cairo displayed at the congress hall in the Red Sea resort of Sharm el-Sheikh in this March 14, 2015 (Photo: The Egyptian Presidency)

A model of a planned new capital for Egypt is on display at an economic conference in Sharm el-Sheikh, Egypt, Saturday, March 14, 2015 (Photo: Fouad Mansour)

A model of a planned new capital for Egypt is on display at an economic conference in Sharm el-Sheikh, Egypt, Saturday, March 14, 2015 (Photo: AP)

A model of a planned new capital for Egypt is displayed for investors at the opening of the Egypt Economic Development Conference (EEDC) in Sharm el-Sheikh, in the South Sinai governorate, about 550 km (342 miles) south of Cairo, March 13, 2015 (Photo: Reuters)

A model of a planned new capital for Egypt is on display at a major economic conference in Sharm el-Sheikh, Egypt, Friday, March 13, 2015 (Photo: AP)

A model of a planned new capital for Egypt is displayed for investors at the opening of the Egypt Economic Development Conference (EEDC) in Sharm el-Sheikh, in the South Sinai governorate, about 550 km (342 miles) south of Cairo, March 13, 2015 (Photo: Reuters)

A model of a planned new capital for Egypt is displayed for investors at the opening of the Egypt Economic Development Conference (EEDC) in Sharm el-Sheikh, in the South Sinai governorate, about 550 km (342 miles) south of Cairo, March 13, 2015 (Photo: Reuters)

A model of a planned new capital for Egypt is on display at an economic conference in Sharm El-Sheikh, Egypt, March 13, 2015 (Photo: Fouad Mansour)

A model of a planned new capital for Egypt is on display at an economic conference in Sharm El-Sheikh, Egypt, March 13, 2015 (Photo: Fouad Mansour)