Egyptian billionaire Hisham Talaat Moustafa's TMG unveils a $27 billion AI-powered city in east Cairo with underground roads and 165 towers
Billionaires Africa | 20.04.2026 18:23
Egypt's Talaat Moustafa Group announced plans on April 18 to build a $27 billion mixed-use city east of Cairo that its chief executive is calling the first AI-powered cognitive city in Egypt and the Middle East, a project so large that TMG's own CEO says it represents roughly 1% of the country's GDP.