Located on Egypt's northwest coast, New Alamein City is advertised as the "New Riviera" and the first of the "millennial cities." The Egyptian government allocated $183.3 million to create this city, which aims to host some 6 million people. The Ministry of Antiquities has even relocated the Ramses II obelisk from Cairo’s Zamalek neighborhood to the new city to give it a bit of grandeur. New Alamein is expected to be used as the government's summer residence, just like Sochi in Russia.