iCity New Cairo is a new residential and commercial development located in the New Cairo district of Cairo, Egypt. The project is being developed by the iProperty Group, a Dubai-based real estate company. The project is set to be a mixed-use development that will include residential, commercial, and retail components.

The project is planned to be a self-contained city within New Cairo, with a total area of 2 million square meters. It will include a variety of residential, commercial, and retail spaces, including apartments, villas, offices, retail outlets, and entertainment venues. The project will also feature a variety of amenities, such as parks, schools, hospitals, and a shopping mall.

iCity New Cairo is expected to be a major hub for business and leisure activities in the region. The project is set to provide employment opportunities for thousands of people and will be a major contributor to the local economy. The project is also expected to attract a large number of tourists, as it will be located close to many of Cairo’s tourist attractions.

The project is currently in its early stages of development and is expected to be completed by 2021. It is estimated that the project will cost around $1.5 billion. The iProperty Group is currently in the process of seeking funding for the project from various sources, including banks, investors, and the government.

iCity New Cairo is set to be a major development in the region and will have a significant impact on the local economy. The project is expected to create thousands of jobs and will be a major contributor to the local economy. It is also expected to attract a large number of tourists, as it will be located close to many of Cairo’s tourist attractions.