Al Maqsad New Capital is a planned city in Egypt that is set to become an international business and financial hub. The city is being developed by the Egyptian government as part of its 2030 vision for the future of Egypt.

The project was first announced in March 2017 and is being developed in partnership with a number of private sector companies. The city will be located on the eastern edge of Cairo, near the Suez Canal. It is expected to cover an area of 45 square kilometers and will include residential, commercial, and industrial areas.

The city is expected to be home to over 5 million people and will feature a variety of modern amenities, including a high-speed rail connection to Cairo. It will also have an international airport, a financial district, a medical and educational district, a technology park, and a sports complex.

The project is expected to cost $45 billion and will be funded by a variety of sources, including the Egyptian government, private sector companies, and international investors. Construction is expected to begin in 2019 and be completed by 2023.

The city is intended to be a major hub for international business, finance, and trade. It is hoped that it will help to create jobs and stimulate the economy of Egypt. It is also expected to help attract foreign investment and increase the country's global competitiveness.