Egypt and global economy brief
Egypt attracts U.S. investment for major data center in New Capital
An RE brief based on a story published by خاص عن مصر on 11 November 2026.
Read the full story at the sourceThe story in brief
A partnership was signed at the B20 Summit 2026 in Washington between Forbes International Tower and the US-based Looking Glass Foundation (ALG) to establish and equip an information center inside Forbes International Tower in the New Administrative Capital. The signing was attended by Planning and Economic Development Minister Ahmed Rostom and Investment and Foreign Trade Minister Mohamed Farid.
Key numbers
- 2026
- B20 Summit year
Why it matters for brokers
The partnership covers the establishment and equipping of an information center inside Forbes International Tower in the New Administrative Capital. Ahmed Rostom described construction, building and real-estate investment as drivers of economic growth, investment and job creation.
RE's reading of the story. It is not part of the original report and not investment advice.