Cairo Festival City is a new residential and commercial development located in New Cairo, Egypt. The development is being developed by Talaat Moustafa Group, one of Egypt’s largest real estate developers. The project is set to become one of the largest projects in the Middle East, with a total area of 2.4 million square meters.
Cairo Festival City is designed to be a modern, vibrant, and livable city. It will feature a variety of residential and commercial districts, including a retail district, a business district, a leisure district, and a cultural district. The development is also planned to include a variety of amenities, such as a shopping mall, a cinema, a golf course, and a water park.
The development is located in an ideal location, close to the Cairo International Airport and the Suez Canal. It is also conveniently located near the Cairo Ring Road, which connects it to the rest of the city.
Cairo Festival City is expected to be completed by 2022. Upon completion, it is estimated that the development will be home to over 80,000 people. The project is expected to create over 60,000 jobs in the area and attract over 3 million visitors each year.
The development is part of a larger plan to revitalize Cairo and make it a world-class destination. It is expected to contribute to the overall growth of the city and the economy. In addition, it is expected to provide a much-needed boost to the real estate sector in Egypt.