2024-06-02T17:26:29-04:00 https://archinect.com/news/article/150337810/zero-carbon-forbes-international-tower-designed-by-as-gg-architecture-proposed-for-egypt-s-new-capital Nathaniel Bahadursingh 2023-02-02T15:34:00-05:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/60/60ff8f54d373c5280cecec2da3a3474f.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>Forbes and Egyptian real estate development company Magnom Properties have announced plans to construct a 55-story&nbsp;<a href="https://archinect.com/news/tag/11037/zero-carbon" target="_blank">zero-carbon</a> commercial tower in Egypt&rsquo;s <a href="https://archinect.com/news/tag/1359071/new-cairo" target="_blank">New Administrative Capital</a> outside of <a href="https://archinect.com/news/tag/175434/cairo" target="_blank">Cairo</a>. Called the Forbes International Tower, this marks the first time the media giant has branded a commercial tower. Its design is led by Chicago-based <a href="https://archinect.com/firms/cover/51099/adrian-smith-gordon-gill-architecture" target="_blank">Adrian Smith + Gordon Gill Architecture</a>.&nbsp;</p> <p>The partnership was announced on the concluding day of the recent Annual Meeting of the World Economic Forum in Davos last month, where world leaders and experts discussed the need for sustainable climate solutions in urban development. A Memorandum of Understanding to develop the project was signed by the Group Chairman of Rawabi Holding and Chairman of Magnom Properties, Abdulaziz Al Turki, and Forbes CEO, Mike Federle.&nbsp;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/5d/5df75165d3ebadfb82e8caef15dac92e.jpeg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/5d/5df75165d3ebadfb82e8caef15dac92e.jpeg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Related on Archinect: <a href="https://archinect.com/news/article/150270515/africa-s-tallest-building-completes-concrete-structure" target="_blank">Africa's tallest building completes concrete structure</a></figcaption></figure><p>&ldquo;Cities play a critical role in our race to reach net zero and buildings, which are responsible for up t...</p>