When I was in egypt I saw some amazing developments in 6th of October City as well as a few areas on your way towards Alexandria, and I am wondering who is purchasing all these things if most Egyptians are huddled together in Cairo with very few people having the income to purchase what I would consider upper middle class homes in the country

Is the construction boom government subsidised to try and drum up work and economic growth like China did?

I worked with a company in Egypt so I know the wages for a tech worker in the region isn't that great and simply assumed that is the norm, along with multi-generational living, so where is the demand for all these new suburbs coming from?

I did speak to some people I met there from arab states like Kuwait who may have a holiday home or come to Egypt to enjoy the currency devaluation on holiday but that was about it, what am I missing?