Al Maqsad New Capital Egypt is a new city being developed in the desert east of Cairo, Egypt. The project is expected to cost an estimated $45 billion and will cover an area of over 700 square kilometers. The city is being developed by the Egyptian government and is being funded by a variety of sources, including the Egyptian government, foreign investors, and private companies.

The city is intended to be a modern, self-sustaining city, with a focus on sustainability, technology, and quality of life. It is estimated that the city will house up to 5 million people, and will feature an array of amenities and services, including healthcare, education, entertainment, and business facilities.

The city is also expected to be a major hub for business and technology, with a focus on creating jobs and stimulating economic growth. The city will feature a number of high-tech companies, as well as universities and research centers. Additionally, the city is expected to be a major hub for tourism, with a range of attractions and activities, such as theme parks and shopping malls.

The project is expected to be completed by 2022, and is expected to create up to 1.5 million jobs. The city is expected to have a positive impact on the Egyptian economy, and is seen as a major step forward in the country's development. The city is also seen as a major opportunity for foreign investment, as it offers a unique opportunity to invest in a rapidly growing economy.