La Verde New Capital is a new residential and commercial development in Egypt. Located in the outskirts of Cairo, the development is situated on a large plot of land covering over 1.2 million square meters. The project is a joint venture between the United Group, a leading real estate developer in Egypt, and the Abu Dhabi Investment Authority.

The development includes a range of residential units, ranging from apartments to villas, as well as commercial and retail spaces. The development also includes a number of amenities such as a golf course, a shopping mall, restaurants, a school, and a hospital.

The development is designed to be a self-sustaining city, with its own power and water supply, as well as its own waste management system. The development is also designed to be environmentally friendly, with green spaces, energy efficient buildings, and a focus on renewable energy.

The development is part of the Egyptian government's plan to create new cities in the country, in order to alleviate the overcrowding in Cairo. The development is expected to attract businesses and investors, as well as providing jobs and housing for its residents.

The project is expected to be completed by 2023, and is estimated to cost around $3 billion. The development is expected to create up to 20,000 jobs, and will provide housing for up to 400,000 people.

La Verde New Capital is a major step forward for Egypt, and is expected to have a positive impact on the country's economy. It is hoped that the development will help to create a more prosperous future for the country.