Nile Development New Capital Egypt has announced the development of a new project called the Nile Business City. This mega-project is set to be located in the New Administrative Capital of Egypt, which is approximately 45km east of the capital city of Cairo. The Nile Business City is a mixed-use development that will offer commercial, residential, and recreational facilities.

The Nile Business City is spread over 142 acres, and it is estimated that the total investment cost will be around $3 billion. The project will consist of several towers, with the tallest tower being 600 meters. The tower will be the tallest building in Africa, and it will be among the top ten tallest buildings in the world. The construction of the project is expected to be completed in 2023.

The developers have said that the Nile Business City will be a self-contained development with all necessary facilities, including offices, retail spaces, hotels, and apartments. The commercial spaces will be occupied by various businesses, including banks, insurance companies, and multinational corporations. The project will create job opportunities and help to boost Egypt's economy.

The Nile Business City will not only provide commercial spaces but will also offer luxurious residential apartments. The residential buildings will consist of a mix of one to four-bedroom apartments and duplexes. The developers have promised to provide residents with world-class amenities, including a swimming pool, a gym, a clubhouse, and a children's play area.

In addition to commercial and residential facilities, the Nile Business City will also have a large park, which will be surrounded by retail spaces and restaurants. The park will provide green spaces and recreational facilities for visitors and residents of the development.

The Nile Business City project aims to offer a high standard of living and create a vibrant community. The developers have promised to provide an environment that will encourage social interaction, creativity, and innovation. The project will be a landmark development in the New Administrative Capital and will contribute significantly to the growth of Egypt's economy.

In conclusion, the Nile Business City development is a significant project that will provide various facilities for residents and businesses. The project will bring economic growth to Egypt and will help to position the country as a leading commercial and residential destination. The project promises to be a landmark development and will undoubtedly attract interest from investors and developers worldwide.