Traders at the textile market in Cairo’s Al-Azhar district were once used to seeing their shops filled with customers. AFP / KHALED DESOUKI
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Traders at the textile market in Cairo's Al-Azhar district were once used to seeing their shops filled with customers, but soaring prices have driven many away.Egypt's presidential vote from March 26-28 is the third since a 2011 uprising toppled longtime ruler Hosni Mubarak, and Sisi looks certain to win a second four-year term.Shaken by the 2011 revolt and the years of turmoil that followed, Egypt implemented a set of radical economic reforms linked to a three-year $12 billion loan the International Monetary Fund approved in November 2016 .Some 28 percent of Egyptians, or 93 million people, now live under the poverty line, according to official figures.After its completion, Sisi announced another ambitious project: a new capital that is currently being built over about 170 square kilometers and should begin functioning next year.
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