{"id":2842,"date":"2026-08-05T11:03:11","date_gmt":"2026-08-05T08:03:11","guid":{"rendered":"https:\/\/dailybusiness.info\/?p=2842"},"modified":"2026-08-05T17:33:00","modified_gmt":"2026-08-05T14:33:00","slug":"state-backed-nevera-egypt-to-reshape-west-cairo-with-new-megaproject","status":"publish","type":"post","link":"https:\/\/dailybusiness.info\/?p=2842","title":{"rendered":"podcast :State-backed Nevera Egypt to reshape west Cairo with new megaproject"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div>\n<figure class=\"wp-block-audio mb-0\"><audio src=\"https:\/\/ent.news\/internal\/audio\/polly-719753-1785897819.fcc7b3c5-5916-4c9f-a828-879808a43512.mp3\" preload=\"metadata\" controls=\"controls\"><a href=\"https:\/\/neveraeg.com\/\" target=\"_blank\"><strong>Nevera Egypt for Sustainable Development<\/strong><\/a> <strong>plans to launch an <span synonyms=\"integrated|built-in\" class=\"synonym\">built-in<\/span> media <span synonyms=\"city|metropolis\" class=\"synonym\">metropolis<\/span><\/strong> <strong>in west Cairo<\/strong>, driving a broader government-backed initiative <span synonyms=\"to transform|to rework|to remodel\" class=\"synonym\">to remodel<\/span> <span synonyms=\"the area|the world|the realm\" class=\"synonym\">the realm<\/span> surrounding the Pyramids Plateau <span synonyms=\"into a|right into a\" class=\"synonym\">right into a<\/span> multi-mn-sqm hub for tourism, hospitality, <span synonyms=\"real|actual\" class=\"synonym\">actual<\/span> <span synonyms=\"estate|property\" class=\"synonym\">property<\/span>, logistics, and <span synonyms=\"commercial|business|industrial\" class=\"synonym\">industrial<\/span> <span synonyms=\"activities|actions\" class=\"synonym\">actions<\/span>, <span synonyms=\"according to|based on|in accordance with|in line with|in response to|in keeping with\" class=\"synonym\">based on<\/span> three <span synonyms=\"government|authorities\" class=\"synonym\">authorities<\/span> sources who spoke to EnterpriseAM. An <span synonyms=\"investment|funding\" class=\"synonym\">funding<\/span> ticket was not disclosed.<\/p>\n<p><strong>Who\u2019s behind it?<\/strong> Nevera Egypt is <span synonyms=\"developing|creating|growing\" class=\"synonym\">growing<\/span> the <span synonyms=\"project|venture|challenge|undertaking|mission\" class=\"synonym\">challenge<\/span> with capital contributions from the Tahya Misr Fund, the New Capital, the New <span synonyms=\"Urban|City\" class=\"synonym\">City<\/span> Communities Authority, and private-sector <span synonyms=\"partners|companions\" class=\"synonym\">companions<\/span>.<\/p>\n<p><strong>The <span synonyms=\"project|venture|challenge|undertaking|mission\" class=\"synonym\">challenge<\/span> envisions a three-tier media ecosystem<\/strong> \u2014 a 1 mn+ sqm <span synonyms=\"global|international|world\" class=\"synonym\">international<\/span> hub for <span synonyms=\"international|worldwide\" class=\"synonym\">worldwide<\/span> <span synonyms=\"brands|manufacturers\" class=\"synonym\">manufacturers<\/span>, <span synonyms=\"intellectual|mental\" class=\"synonym\">mental<\/span> property, and tech-creative investments; a regional hub of <span synonyms=\"up to|as much as\" class=\"synonym\">as much as<\/span> 700k sqm; and a <span synonyms=\"national|nationwide\" class=\"synonym\">nationwide<\/span> <span synonyms=\"center|middle|heart\" class=\"synonym\">heart<\/span> of <span synonyms=\"up to|as much as\" class=\"synonym\">as much as<\/span> 250k sqm for <span synonyms=\"local|native\" class=\"synonym\">native<\/span> producers. It <span synonyms=\"also|additionally\" class=\"synonym\">additionally<\/span> allocates 400k sqm to a <span synonyms=\"dedicated|devoted\" class=\"synonym\">devoted<\/span> media studio zone, complemented by <span synonyms=\"an additional|a further|an extra\" class=\"synonym\">a further<\/span> 800k sqm for <span synonyms=\"support|help|assist\" class=\"synonym\">assist<\/span> <span synonyms=\"services|providers|companies\" class=\"synonym\">providers<\/span>.<\/p>\n<p><strong>On the tourism and hospitality <span synonyms=\"front|entrance\" class=\"synonym\">entrance<\/span><\/strong>, the <span synonyms=\"project|venture|challenge|undertaking|mission\" class=\"synonym\">challenge<\/span> will <span synonyms=\"court|courtroom|court docket\" class=\"synonym\">court docket<\/span> <span synonyms=\"international|worldwide\" class=\"synonym\">worldwide<\/span> <span synonyms=\"brands|manufacturers\" class=\"synonym\">manufacturers<\/span> <span synonyms=\"to boost|to spice up\" class=\"synonym\">to spice up<\/span> <span synonyms=\"Greater|Higher|Larger|Better\" class=\"synonym\">Higher<\/span> Cairo\u2019s <span synonyms=\"hotel|lodge|resort\" class=\"synonym\">lodge<\/span> room <span synonyms=\"capacity|capability\" class=\"synonym\">capability<\/span> by <span synonyms=\"constructing|developing|setting up|establishing\" class=\"synonym\">setting up<\/span> 18 <span synonyms=\"hotels|resorts|motels|inns|lodges|accommodations\" class=\"synonym\">accommodations<\/span>, spanning <span synonyms=\"around|round\" class=\"synonym\">round<\/span> 5k <span synonyms=\"hotel|lodge|resort\" class=\"synonym\">lodge<\/span> keys \u2014 the long-term plan <span synonyms=\"includes|consists of|contains\" class=\"synonym\">consists of<\/span> roughly 15k <span synonyms=\"hotel|lodge|resort\" class=\"synonym\">lodge<\/span> <span synonyms=\"apartments|flats|residences\" class=\"synonym\">flats<\/span>. <span synonyms=\"It will|It'll|It's going to|It is going to|It should|It can|It would\" class=\"synonym\">It can<\/span> <span synonyms=\"also|additionally\" class=\"synonym\">additionally<\/span> <span synonyms=\"house|home\" class=\"synonym\">home<\/span> 60k residential <span synonyms=\"units|models|items\" class=\"synonym\">items<\/span>.<\/p>\n<p><strong>There\u2019s <span synonyms=\"more|extra\" class=\"synonym\">extra<\/span>:<\/strong> <span synonyms=\"The development|The event\" class=\"synonym\">The event<\/span> <span synonyms=\"sets|units\" class=\"synonym\">units<\/span> <span synonyms=\"aside|apart\" class=\"synonym\">apart<\/span> 2.5 mn sqm for public, logistics, and administrative <span synonyms=\"services|providers|companies\" class=\"synonym\">providers<\/span>, alongside <span synonyms=\"around|round\" class=\"synonym\">round<\/span> 980k sqm for <span synonyms=\"commercial|business|industrial\" class=\"synonym\">industrial<\/span> and administrative buildings. <span synonyms=\"Nearly|Almost|Practically\" class=\"synonym\">Almost<\/span> 1.2 mn sqm are <span synonyms=\"dedicated|devoted\" class=\"synonym\">devoted<\/span> to <span synonyms=\"entertainment|leisure\" class=\"synonym\">leisure<\/span> <span synonyms=\"and educational|and academic\" class=\"synonym\">and academic<\/span> <span synonyms=\"projects|tasks|initiatives\" class=\"synonym\">tasks<\/span>. It <span synonyms=\"also|additionally\" class=\"synonym\">additionally<\/span> <span synonyms=\"aims|goals\" class=\"synonym\">goals<\/span> <span synonyms=\"to establish|to determine|to ascertain\" class=\"synonym\">to ascertain<\/span> <span synonyms=\"centers|facilities\" class=\"synonym\">facilities<\/span> for <span synonyms=\"traditional|conventional\" class=\"synonym\">conventional<\/span> crafts and cultural <span synonyms=\"activities|actions\" class=\"synonym\">actions<\/span>.<\/p>\n<p><strong><span synonyms=\"The bigger|The larger\" class=\"synonym\">The larger<\/span> <span synonyms=\"urban|city\" class=\"synonym\">city<\/span> <span synonyms=\"picture|image\" class=\"synonym\">image<\/span>:<\/strong> The <span synonyms=\"vision|imaginative and prescient\" class=\"synonym\">imaginative and prescient<\/span> for <span synonyms=\"the development|the event\" class=\"synonym\">the event<\/span> aligns with <a href=\"https:\/\/enterpriseam.com\/egypt\/hardhats\/the-giza-pyramids-area-is-getting-a-makeover-here-is-how-part-2\/\" target=\"_blank\">broader redevelopment efforts<\/a> for the Nazlet Al Siman <span synonyms=\"area|space\" class=\"synonym\">space<\/span> and El Mansouria, linking them to hotspots <span synonyms=\"like the|just like the\" class=\"synonym\">just like the<\/span> Grand Egyptian Museum and the Pyramids Plateau <span synonyms=\"via|by way of|through\" class=\"synonym\">by way of<\/span> new infrastructure \u2014 this <span synonyms=\"also|additionally\" class=\"synonym\">additionally<\/span> connects to the <span synonyms=\"nearby|close by\" class=\"synonym\">close by<\/span> Sphinx <span synonyms=\"International|Worldwide\" class=\"synonym\">Worldwide<\/span> Airport.<\/p>\n<p><strong><span synonyms=\"More|Extra\" class=\"synonym\">Extra<\/span> love for Giza:<\/strong> Orascom Pyramids <span synonyms=\"Entertainment|Leisure\" class=\"synonym\">Leisure<\/span> (OPE) plans to <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/29\/orascom-pyramids-plans-to-raise-giza-plateau-investment-to-egp-2-bn\/\" target=\"_blank\">pour EGP 500 mn<\/a> into the Giza Plateau <span synonyms=\"next|subsequent\" class=\"synonym\">subsequent<\/span> <span synonyms=\"year|yr|12 months\" class=\"synonym\">12 months<\/span>, <span synonyms=\"focusing on|specializing in\" class=\"synonym\">specializing in<\/span> service <span synonyms=\"quality|high quality\" class=\"synonym\">high quality<\/span>, infrastructure, F&amp;B, and cultural <span synonyms=\"events|occasions\" class=\"synonym\">occasions<\/span>. OPE expects <span synonyms=\"the area|the world|the realm\" class=\"synonym\">the realm<\/span>\u2019s revenues <span synonyms=\"to reach|to succeed in|to achieve\" class=\"synonym\">to achieve<\/span> EGP 3-3.5 bn this <span synonyms=\"year|yr|12 months\" class=\"synonym\">12 months<\/span>, fueled by 20-25% annual <span synonyms=\"growth|progress|development\" class=\"synonym\">development<\/span>, and targets 5 mn <span synonyms=\"visitors|guests\" class=\"synonym\">guests<\/span> <span synonyms=\"next|subsequent\" class=\"synonym\">subsequent<\/span> <span synonyms=\"year|yr|12 months\" class=\"synonym\">12 months<\/span>.<\/p>\n<h3 class=\"jp-relatedposts-headline\"><em><span synonyms=\"Related|Associated\" class=\"synonym\">Associated<\/span><\/em><\/h3>\n<p><\/audio><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Nevera Egypt for Sustainable Development plans to launch an built-in media metropolis in west Cairo, driving a broader government-backed initiative to remodel the realm surrounding the Pyramids Plateau right into a multi-mn-sqm hub for tourism, hospitality, actual property, logistics, and industrial actions, based on three authorities sources who spoke to EnterpriseAM. An funding ticket [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[176],"tags":[],"class_list":["post-2842","post","type-post","status-publish","format-standard","has-post-thumbnail","category-podcast"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>podcast :State-backed Nevera Egypt to reshape west Cairo with new megaproject - daily business egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailybusiness.info\/?p=2842\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"podcast :State-backed Nevera Egypt to reshape west Cairo with new megaproject\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Nevera Egypt for Sustainable Development plans to launch an built-in media metropolis in west Cairo, driving a broader government-backed initiative to remodel the realm surrounding the Pyramids Plateau right into a multi-mn-sqm hub for tourism, hospitality, actual property, logistics, and industrial actions, based on three authorities sources who spoke to EnterpriseAM. 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