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The Spine: Egypt’s New Mega Project

This factsheet provides a comprehensive picture of the new mega project, while highlighting its expected economic impact on Egypt.

Updated 4/23/2026 11:51:00 AM
Egypt approves 1st SIZ for TMG Holding’s EGP 1.4T The Spine in New Cairo

The Ministry of Investment and Foreign Trade has approved an application by Talaat Moustafa Group (TMG Holding) to establish the country’s first Special Investment Zone (SIZ) with a customs area for the EGP 1.4 trillion The Spine project in New Cairo.

Updated 4/20/2026 4:17:00 AM
TMG Holding unveils $1.4T The Spine project in New Cairo

Egypt’s Prime Minister Mostafa Madbouly witnessed the announcement of The Spine, an urban development project in New Cairo launched by Talaat Moustafa Group (TMG Holding) in partnership with the National Bank of Egypt (NBE), with investments exceeding EGP 1.4 trillion.

Updated 4/19/2026 3:08:00 AM