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Forbes and Egyptian real estate development company Magnom Properties have announced plans to construct a 55-story zero-carbon commercial tower in Egypt’s New Administrative Capital outside of Cairo. Called the Forbes International Tower, this marks the first time the media giant has...
Travel executives believe the gargantuan project will also provide a significant boost to Egypt's tourism industry.
This month, President Xi reaffirmed China’s commitment to the project in a meeting with Egypt's president on the sidelines of a Saudi summit. But that commitment may be tested in the coming months as Egypt’s loans come due.
From the gleaming Lusail Stadium in Qatar, an 80,000-seat venue for the World Cup, to the Mohammed VI Bridge in Morocco, the Belt and Road cooperation between China and Arab countries has been in full swing since the initiative was proposed in 2013.
Belt and Road cooperation promotes building of China-Arab community with shared future-