Magnom Properties, under the leadership of its Chief Investment Officer, Ahmed Kassem, is set to embark on the construction of a groundbreaking hydrogen-powered skyscraper in Egypt. The $1bn Forbes International Tower in the New Administrative Capital (NAC) is poised to become the region's first Net Zero carbon tower, utilizing a mix of clean hydrogen and solar energy for its operations. The tower's design will incorporate solar panels to generate 25% of its electricity needs, with the remaining power supplied by clean hydrogen in liquid form, highlighting a sustainable approach to high-rise construction. The project signifies a significant step towards reducing carbon emissions and promoting renewable energy adoption in Egypt. Magnom Properties' intention to explore innovative hydrogen technologies through partnerships with industry leaders like Schneider Electric and H2-Enerprises further underscores the company's commitment to sustainable development. Additionally, Egypt's ambitious New Administrative Capital project aims to address urban congestion issues in Cairo and establish a modern financial hub capable of accommodating millions of residents. The MENA region as a whole is actively leveraging its renewable energy potential and strategic location to emerge as a prominent player in the global hydrogen market, positioning itself as a key contributor to the energy transition towards cleaner sources. This concerted effort towards hydrogen integration reflects a positive outlook on sustainable energy practices and climate-conscious urban planning in the region.