Al Maqsad New Capital Egypt is a new city located in the desert outside of Cairo, Egypt. The city is being developed by the Egyptian government and is set to become a new business and financial center for the country. The city is planned to have up to 2 million inhabitants and will be the largest new city in the Middle East.

The city is being built on a massive scale, with the total cost estimated to be in the hundreds of billions of dollars. The plan is to create a modern city with modern infrastructure, including a new airport, a metro system, and a light rail network. The city will also have a large number of parks, green spaces, and other amenities.

The city is being developed with the help of foreign investors, including the UAE and China. The city is also being developed with the help of private companies, such as the Abu Dhabi-based development firm, Eagle Hills.

The city is expected to be a major hub for business and finance in the Middle East, and will be a major hub for the region’s technology industry. The city will also be home to many of the world’s leading universities, as well as medical and research centers.

The city is expected to be completed by 2026, and will be a major contributor to the Egyptian economy. It is hoped that the city will create thousands of jobs and bring in billions of dollars in investment. The city is also expected to attract many tourists, as it will be a major destination for those looking to experience the culture and history of Egypt.