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Egypt Launches $27 Billion Smart City Project Near Cairo

4/21/2026

29 4 Full Breakdown

Summary

Story summary

The Spine is a $27 billion smart-city project by Talaat Moustafa Group (TMG) and the National Bank of Egypt.
It will span 2.4 million square meters east of Cairo and include 165 towers.
Over 70% of the area will be green spaces, shaping a park-rich district.
It is Egypt's first Special Investment Zone, aligned with the New Administrative Capital to ease Cairo congestion.

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Story summary

The Spine is a $27 billion smart-city project by Talaat Moustafa Group (TMG) and the National Bank of Egypt.
It will span 2.4 million square meters east of Cairo and include 165 towers.
Over 70% of the area will be green spaces, shaping a park-rich district.
It is Egypt's first Special Investment Zone, aligned with the New Administrative Capital to ease Cairo congestion.