Magnom Properties, a subsidiary of Rawabi Holding from Saudi Arabia, has unveiled plans to build a groundbreaking $1 billion office tower in Egypt's new capital that will be powered by clean hydrogen. This innovative project signifies a major investment in renewable energy and demonstrates confidence in the new capital's appeal to global clients, despite its desert location east of Cairo. By leveraging renewable energy for the tower, Magnom aims to test large-scale clean hydrogen production, contributing to Egypt's goal of becoming a green energy hub in the region. The Forbes International Tower is set to undergo detailed planning and aims for completion by 2030, with land acquired in the new capital's business district. The project not only showcases Magnom's commitment to innovation but also aligns with Egypt's ambition to position itself as a center for green energy. While the new capital project faces economic challenges and criticism for not addressing the needs of ordinary Egyptians, it represents a significant step in President al-Sisi's ambitious infrastructural endeavors. Magnom's expansion plans further include sister towers in Dubai and Riyadh, highlighting the company's vision for sustainable urban development in key Middle Eastern cities.