Cairo Festival City is a new development project located in New Cairo, Egypt. The project is a joint venture between the Al Futtaim Group, Egypt's El Sewedy Group, and Arab African International Bank. It is one of the largest real estate projects in the Middle East and North Africa region, with a total investment value of US$4 billion.

The project is located on a site of over 1.3 million square meters and will include a shopping mall, entertainment complex, residential buildings, offices, and a hotel. The shopping mall is set to be the largest in the Middle East, with over 500 stores and a total area of over 200,000 square meters. It will include a wide range of international and local brands, as well as a variety of restaurants and cafes.

The entertainment complex will feature a variety of activities, including a bowling alley, movie theater, ice-skating rink, and an indoor theme park. The residential buildings will include apartments, townhouses, and villas. The offices will provide space for businesses and organizations, while the hotel will offer guests a luxurious stay.

Cairo Festival City is expected to open in 2021 and will create over 10,000 jobs in the local area. It is expected to attract over 10 million visitors every year and will become a major tourist destination in Egypt. The project is part of the Egyptian government's plan to develop New Cairo and will contribute to the country's economic growth.