Egypt approves TMG’s 506-acre ‘The Spine’ investment zone in New Cairo

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Egypt's Cabinet has authorized the creation of 'The Spine,' a 506-acre special investment zone within the Madinaty development in New Cairo. The project represents one of Egypt's largest mixed-use investment ventures with planned investments around EGP 1.4 trillion.

Egypt’s Cabinet has approved the establishment of a special investment zone, The Spine, within the Madinaty development in New Cairo, paving the way for one of the country’s largest mixed-use investment projects with planned investments of approximately EGP 1.4tn. The decision, approved during the Cabinet’s weekly meeting on Thursday, authorizes the creation and development of […] The post Egypt approves TMG’s 506-acre ‘The Spine’ investment zone in New Cairo first appeared on Dailynewsegypt.