Egyptian President Abdel Fattah al-Sisi was sworn in for his third term on Tuesday in the country’s new capital, the largest of the mega-projects that have signified his rule while stretching the country’s finances. Sisi swept to victory in an election last December with 89.6% of the vote and no serious challengers. While his message of stability and security resonated with some voters with the war raging in neighbouring Gaza, many showed indifference, occupied with rising prices and considering the result a foregone conclusion. Last month, Egypt allowed its currency to plummet after a $35 billion lifeline secured in a landmark deal with an Emirati wealth fund helped ease chronic foreign currency shortages that have hobbled imports and depleted reserves. The move and the renewed commitment to extensive reforms including reducing the role of the state in business, paved the way for an expanded $8 billion deal from the International Monetary Fund. Since Sisi became president in 2014, Egypt has embarked on an infrastructure splurge spearheaded by the military, which Sisi says is essential for …