Al Maqsad New Capital is a new city being built in Egypt, located in the desert east of Cairo. The new city is being developed as part of the Egyptian government's plan to diversify its economy and create new job opportunities. The city is being developed by a consortium of international investors, and is expected to be completed by 2022.

The city will have a population of about 5 million people, and will be home to a variety of businesses, including technology, finance, and tourism. The city will also have a world-class transportation system, with high-speed rail and other public transportation options.

The city is being designed to be a sustainable, green city, with renewable energy sources and green building materials. It will also feature a variety of parks and open spaces, as well as a range of cultural and entertainment options.

The project is expected to create up to 1.5 million jobs in the region, and to generate up to $45 billion in GDP. It is hoped that the city will become a major hub for investment, and will help to spur economic growth in the region.

Al Maqsad New Capital is an ambitious project, and it is hoped that it will help to transform Egypt into a modern, prosperous nation. The project is expected to be a major boost to the country's economy, and to create new opportunities for its citizens.