Magnom Properties, a real estate firm controlled by Saudi investors, is embarking on the construction of a groundbreaking project in Egypt's New Administrative Capital (NAC) – a hydrogen-powered skyscraper. The Forbes International Tower, with its 50 stories and $1 billion budget, is slated to commence construction in early 2025 and reach completion by 2030. This initiative signifies a significant leap towards establishing green cities, showcasing Egypt's dedication to becoming a regional leader in clean energy. The innovative aspect of powering the skyscraper with hydrogen aligns with global sustainability objectives and underscores the commitment to reducing carbon emissions. The choice of Egypt as the location for this pioneering building is strategic, given the country's proactive stance on renewable energy projects. The NAC, a modern urban center under development by the Egyptian government, is envisioned to epitomize sustainability and innovation, making it the perfect setting for such a revolutionary structure. By investing in the hydrogen-powered skyscraper, Magnom Properties aims not only to contribute to environmental preservation but also to make a mark in the industry and region, positioning Saudi Arabia prominently in the clean energy technology sector. The financial backing for the project through a mix of debt-equity instruments highlights the substantial investment required for such a complex endeavor and underscores the confidence of investors in its profitability. Beyond its environmental advantages, the Forbes International Tower is expected to have far-reaching effects, including job creation, economic stimulation, and the attraction of foreign investments to Egypt. Furthermore, it is anticipated to establish Egypt as a frontrunner in hydrogen technology and renewable energy, enhancing its global standing. The significance of the Forbes International Tower extends beyond its function as a skyscraper; it embodies a forward-looking vision for urban development and a resolute commitment to sustainable living. As the construction industry increasingly embraces sustainability, this project is poised to set a precedent for green building design and technology, potentially catalyzing a shift towards a low-carbon future worldwide.