Magnom Properties has unveiled plans to build the “Forbes International Tower” in Egypt’s New Administrative Capital, the first skyscraper in the Middle East and North Africa (MENA) region to be powered by clean hydrogen and be net-carbon zero. The tower, designed by renowned architects, is planned to be 50-storeys high, completed by 2030 and is projected to cost USD 1 billion. This will be Magnum Properties’ first project and seems to be aimed at exemplifying Magnum’s professed aims of creating “high-end projects” targeted at “high net-worth individuals” and providing an “opulent lifestyle”. It plans to include cyber security systems, a helipad, VIP elevators and to construct sister towers
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