Nile Business City is a new compound that's being developed in the New Administrative Capital of Egypt. The project is costing an estimated EGP 12.5 billion and will cover an area of over 41 acres. This huge development is set to bring a new type of lifestyle to residents of the capital.
The Nile Business City project will be developed by the Talaat Moustafa Group (TMG). This company is one of the largest real estate developers in Egypt, with a portfolio of projects that spans across the country. TMG is known for developing some of the most iconic projects in Egypt, including Al Rehab City and Madinaty.
The project aims to attract entrepreneurs, investors, and professionals looking to work and live in Egypt's New Capital. The city will have a focus on innovation, technology, and entrepreneurship, and will offer a range of housing options, from apartments and villas to commercial spaces and offices.
One of the key features of the Nile Business City project is its location. The development is located in the heart of the New Administrative Capital, which is a new city that's under construction to house the country's government institutions, businesses and residents. The New Administrative Capital is set to become the new hub of economic and administrative activity in Egypt, which makes it an incredibly attractive location for businesses and individuals looking to set up shop in the country.
The Nile Business City project will include a range of facilities and amenities that are designed to cater to the needs of its residents. This includes shopping malls, cinemas, sports clubs, and healthcare facilities. The compound will also be home to a range of schools and universities, making it a great place for families looking for educational opportunities for their children.
Overall, the Nile Business City project is set to bring a new type of lifestyle to residents of the New Administrative Capital. With its focus on innovation and entrepreneurship, the compound is set to become a hub of economic activity and a great place for businesses and individuals to prosper. The development is expected to be completed by 2023, and it's already generating a lot of interest from investors and homebuyers alike.