Forbes International

Forbes International
Success Story
Magnom Properties is investing USD 1 billion in 2024 to build the world’s first sustainable tower in Egypt’s New Capital

Magnom Properties, in partnership with Forbes, is redefining the future of real estate in Egypt through its landmark world-class business district project in the New Administrative Capital. In 2024, the company announced a groundbreaking USD1 billion investments to develop the world’s first sustainable tower, a project that represents a milestone in both scale and vision.

 

This innovative development not only showcases Egypt’s growing role in global real estate but also highlights the country’s leadership in sustainable urban planning and green architecture. By combining cutting-edge design with environmentally responsible practices, Magnom Properties is setting a new benchmark for real estate projects in the region.

 

Through this ambitious initiative, Magnom Properties reinforces its commitment to creating future-ready urban spaces while strengthening Egypt’s position as a destination for world-class, sustainable development.