Anakaji New Capital is a new city being built in Egypt, located in the desert between Cairo and the Red Sea. The city is being developed by the Egyptian government in partnership with the United Arab Emirates, and is expected to become a major hub for business, finance, and tourism.

The city is being built on a massive scale, with plans for over 1,000 skyscrapers, a new airport, and a new port. It will also feature a large number of parks, green spaces, and cultural attractions. The city is expected to be home to over 5 million people when it is completed.

The project is part of a larger effort to modernize Egypt and make it a more attractive destination for foreign investment. The government hopes that the new city will attract businesses and investors from around the world, and create jobs for the local population.

The project is expected to cost around $45 billion, and is being funded by the UAE, Saudi Arabia, Kuwait, and Qatar. Construction is expected to be completed by 2030.

The city is expected to be a major hub for business and finance, and will feature a number of international banks and financial institutions. It will also be home to a number of universities, research centers, and medical facilities.

The city is also expected to be a major tourist destination, with a number of luxury hotels, resorts, and shopping centers. It is also expected to be a major hub for culture and entertainment, with a number of museums, theaters, and other attractions.

The city is expected to be a major contributor to the Egyptian economy, and is expected to create thousands of jobs for the local population. It is also expected to attract foreign investment, and help to modernize the country.