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Egyptian gov’t considers global alliance’s bid for management of Cairo International Financial Center

Egyptian gov’t considers global alliance’s bid for management of Cairo International Financial Center
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Cairo – Mubasher: Egyptian Prime Minister Mostafa Madbouly convened a meeting with key officials and executives to discuss a proposal from a leading global alliance for managing the Cairo International Financial Center (CIFC) in the New Administrative Capital.

This initiative is part of the government's broader efforts to develop and oversee the Central Business District (CBD) in the new capital, according to a cabinet statement.

Madbouly highlighted ongoing efforts to draft legislation for the CBD to facilitate its operations in the near future.

He also expressed eagerness to hear the alliance's proposals for the project's management.

The meeting concluded with an agreement to maintain ongoing communication between the parties to follow up on the ideas and proposals discussed.