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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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