رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

Nile Real Estate Development Signs Strategic Partnership with ElSewedy Electric to Execute Tycoon Tower and Tycoon Center Projects in the New Administrative Capital

Nile Developments

Nile Developments has announced a strategic partnership with Elsewedy Electric to execute the electrical infrastructure and smart building systems for its landmark projects, Tycoon Tower and Tycoon Center, located in Egypt’s New Administrative Capital.

The partnership underscores Nile Developments’ commitment to delivering iconic, future-ready real estate projects that comply with the highest international standards, while leveraging advanced engineering solutions and the expertise of leading specialized partners.

Nile Developments

Signing Ceremony Held at Project Site amid Accelerated Construction

The agreement was officially signed at the project site in the heart of the New Administrative Capital by Eng Mohamed Taher, Chairman of Nile Developments, and Eng. Ahmed Elsewedy, CEO of Elsewedy Electric Group.

The signing comes as construction progresses at an accelerated pace across both developments, reflecting the partners’ shared focus on quality execution, technical excellence, and adherence to delivery timelines.

Tycoon Tower: Egypt and Africa’s Tallest Smart Hotel

Tycoon Tower is set to become the tallest hotel in Egypt and Africa, representing a significant addition to the hospitality sector. Designed as a next-generation smart hotel, the project will rely on advanced energy solutions and sophisticated electrical systems to maximize operational efficiency, sustainability, and guest experience.

The tower aligns seamlessly with the vision of the New Administrative Capital as a fully integrated smart city, offering a global-standard hospitality experience.

Nile Developments

Tycoon Center: A New Benchmark for Ultra-High-Rise Office Towers

Meanwhile, Tycoon Center reflects a forward-looking vision for ultra-high-rise administrative developments. As the tallest administrative tower in Egypt and Africa, the project integrates smart infrastructure and comprehensive building management systems.

These features are designed to meet the evolving needs of multinational companies and institutions, redefining modern work environments in accordance with global best practices.

Nile Developments: Setting New Standards in Urban Development

Commenting on the partnership, Eng. Mohamed Taher, Chairman of Nile Developments, stated:

“At Nile Developments, we don’t just build projects; we set new benchmarks in urban development. Iconic developments like Tycoon Tower and Tycoon Center require partners who share our ambition. Our partnership with Elsewedy Electric reflects our commitment to quality, precision, and delivering projects worthy of the future of the New Administrative Capital.”

Elsewedy Electric: Powering Smart Cities and Sustainable Growth

For his part, Eng Ahmed Elsewedy, CEO of Elsewedy Electric Group, expressed pride in the collaboration, emphasizing the company’s role in supporting Egypt’s national development agenda:

“We are proud to partner with Nile Developments on projects that represent architectural icons in Egypt and Africa. Elsewedy Electric brings global expertise in electrical infrastructure and smart systems, and this partnership represents a model for integrating real estate development with advanced technologies to support smart cities and sustainable development.”

A Model for Integrated, Future-Oriented Urban Development

This strategic partnership represents a comprehensive model of modern urban development, built on innovation, engineering expertise, and high-quality execution It further reinforces the New Administrative Capital’s position as a regional hub for landmark real estate projects and major investments in Egypt and Africa.

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