{"id":87197,"date":"2024-10-08T00:00:00","date_gmt":"2024-10-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/10\/08\/magnom-mulls-developing-hydrogen-powered-skyscrapers-in-uae-and-ksa\/"},"modified":"2024-10-08T00:00:00","modified_gmt":"2024-10-08T00:00:00","slug":"magnom-mulls-developing-hydrogen-powered-skyscrapers-in-uae-and-ksa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/10\/08\/magnom-mulls-developing-hydrogen-powered-skyscrapers-in-uae-and-ksa\/","title":{"rendered":"Magnom mulls developing hydrogen-powered skyscrapers in UAE and KSA"},"content":{"rendered":"

Hydrogen-powered skyscrapers for KSA and UAE? <\/strong>Magnom Properties is exploring the launch of the hydrogen-powered Forbes International Tower in Saudi Arabia and the UAE brand with investments exceeding USD 1 bn for each location, CEO Maged Marie told Daily News Egypt<\/a> earlier this week. If plans go ahead, Magnom intends to complete all three projects within five years. Magnom previously announced plans to build a USD 1 bn office tower powered by clean energy in Egypt\u2019s new capital back in August<\/a>.<\/p>\n

What we know about these towers: <\/strong>These 250 meter tall buildings include 50 floors and span an area of 100k sqm, according to Marie. The projects feature advanced technology from Schneider Electric and Germany\u2019s H2 to power the tower by clean hydrogen transported to the building as a liquid, along with solar power. The buildings aim to be the world\u2019s first hydrogen-powered and carbon-neutral <\/span>skyscrapers<\/a>.<\/span><\/p>\n

What\u2019s next? <\/strong>Magnom\u2019s Egypt tower will begin construction and sales in 2025, and units will be finalized within 36 months. <\/p>\n","protected":false},"excerpt":{"rendered":"

The company will invest over USD 2 bn.<\/p>\n","protected":false},"author":1,"featured_media":87198,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[152],"tags":[40,11,233,151,159,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-egypt","tag-enterpriseclimate","tag-green-construction","tag-investment-watch","tag-saudi-arabia","tag-uae","wpautop","entry"],"acf":{"mongo_id":"0f933a91-a571-4907-b72c-62800089dd3d","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/576.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Magnom mulls developing hydrogen-powered skyscrapers in UAE and KSA","related_issue":[87187],"teaser":"The company will invest over USD 2 bn.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/10\/.b7cf524f-1e98-4694-9792-d3646a8a4c00.mp3"},"yoast_head":"\nMagnom mulls developing hydrogen-powered skyscrapers in UAE and KSA - 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