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FINANCIAL NEWS
Egypt-Capital Group signs deal to establish smart city in Cairo
23 Nov 2016
(MENAFN) Egypt-based Capital Group Properties (CGP) proclaimed that it has inked an MOU with Smart Villages Company to construct a new smart village in east Cairo.
Additionally, the project will locate in CGP”s flagship Al Burouj, with costs of USD56.7mn and will have positive impact on the country’s economy.
Moreover, smart cities act as a stimulant to the creation of job chances and new investments; while the recent Smart Village in West Cairo is a proof.
The recent smart village is a specialized complex of smart techs in the region, which is essential to establish a new one at East Cairo.
More News
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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