In a new step reaffirming its vision for developing iconic projects to global standards, Nile Developments announced the signing of a strategic partnership agreement with Elsewedy Electric, under which the latter will undertake the implementation of electrical infrastructure works and smart systems for Tycoon Tower—the tallest hotel in Egypt and Africa—and Tycoon Center—the tallest office tower in Egypt and Africa—located in the New Administrative Capital, Invest-Gate reports.
This collaboration stems from Nile Developments’ philosophy that true achievement is realized when advanced engineering converges with cutting-edge technology, and that exceptional projects can only be delivered through strategic partnerships with entities possessing solid expertise and a proven execution record that meets world-class standards.
In a practical embodiment of this vision, the agreement was signed at the project site in the heart of the New Administrative Capital by Eng. Mohamed Taher, Chairman of Nile Developments, and Eng. Ahmed ElSewedy, Chairman of Elsewedy Electric, amid an unprecedented pace of construction reflecting the scale of ambition and seriousness of execution.
Tycoon Tower represents a landmark in the hospitality sector as the tallest hotel in Egypt and Africa, embodying the concept of next-generation smart hotels that rely on the latest energy solutions and advanced electrical systems to achieve the highest levels of operational efficiency and sustainability, while offering a world-class hospitality experience befitting the New Administrative Capital’s status on the map of smart cities.
Meanwhile, Tycoon Center stands as a cutting-edge model for ultra-high-rise office towers, being the tallest office building in Egypt and Africa. It reflects Nile Developments’ vision to redefine the future workplace through smart infrastructure based on the latest electrical systems and integrated building management solutions, meeting the needs of corporations and institutions in line with the highest international standards.
During the signing ceremony, Eng. Mohamed Taher, Chairman of Nile Developments, emphasized that the company does not merely construct buildings but creates distinctive urban landmarks, stating:
“At Nile, we do not build just projects; we set new benchmarks for real estate development from the very top. Our iconic projects, such as Tycoon Tower and Tycoon Center, require partners who match our level of ambition. Our partnership with Elsewedy Electric represents a true added value, reflecting our commitment to the highest standards of quality and execution, and our vision to deliver developments worthy of the future of the New Administrative Capital”.
For his part, Eng. Ahmed ElSewedy, Chairman of Elsewedy Electric, expressed his pride in this collaboration, affirming that it aligns with the Group’s national role in supporting Egypt’s urban development drive. He stated:
“We are proud to cooperate with Nile Developments in the execution of projects that are considered architectural icons in Africa. Elsewedy Electric possesses global expertise in delivering electrical infrastructure and smart systems for mega projects, and we see this partnership as a model of integration between real estate development and advanced technological solutions in support of the future of smart cities and sustainable development”.
This strategic partnership between Nile Developments and Elsewedy Electric represents a comprehensive model for modern urban development based on expertise, technology, and high-quality execution, further strengthening the New Administrative Capital’s position as a regional hub for iconic projects and major investments in Egypt and Africa.