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The National Bank of Egypt (NBE) has committed to financing 24.5% of "The Spine," the newly unveiled EGP 1.4 trillion cognitive city developed by Talaat Moustafa Group (TMG). NBE Vice Chairman Yehia Abou El-Fotouh confirmed the participation, noting that the project comes amidst a post-truce surge in foreign investment inflows to Egypt. Abou El-Fotouh emphasized the resilience of the Egyptian banking sector, stating that no defaults were recorded despite recent regional challenges, further underscoring the stability of the current investment climate.

The project, which boasts a paid-in capital of EGP 69 billion, is designed to contribute 1% to Egypt’s GDP. TMG CEO Hisham Talaat Moustafa revealed that the "Super-Smart" city will feature 165 towers (residential, administrative, and hospitality) and is expected to generate EGP 818 billion in tax revenues for the state budget. With its AI-driven infrastructure and strategic financial backing from Egypt's largest lender, "The Spine" stands as a cornerstone of the nation’s modern economic roadmap.