De Joya New Capital Egypt is a new city being built in the desert on the outskirts of Cairo, Egypt. It is the largest real estate project in the Middle East and is expected to become a major hub for business, education, and culture. The new city is planned to be a self-sufficient and sustainable metropolis with a modern infrastructure and high-tech amenities.

The project is being developed by the De Joya Group, a real estate company based in Cairo. The project is estimated to cost around $45 billion and will cover an area of 45 square kilometers. The development is expected to take 10 years to complete and will include residential, commercial, and industrial zones, as well as a business district, a shopping mall, and a university.

The new city will be designed to be energy efficient and will feature green spaces, parks, and other environmental initiatives. It will also have a modern transportation system, including a metro system, buses, and other forms of public transportation.

The project is part of the Egyptian government’s Vision 2030 plan, which seeks to develop the country’s infrastructure and create jobs. The new city is expected to create over 500,000 jobs and will attract investment from foreign companies.

The project has been met with some criticism due to its large size and potential environmental impact. The project’s developers have promised to take steps to minimize the environmental impact, including using renewable energy sources, reducing water consumption, and planting trees.

De Joya New Capital Egypt is an ambitious project that has the potential to revolutionize the real estate industry in Egypt and the Middle East. It is expected to create jobs, attract investment, and provide a modern infrastructure for the country.