La Verde New Capital Egypt is a new city located in the Eastern Desert of Egypt, just outside of Cairo. The city is a major development project that is being developed by the Egyptian government and a number of private investors. It is expected to be a major hub for business, finance, and technology in the region.

La Verde is designed to be a modern city with a wide range of amenities, including residential areas, commercial and business centers, educational facilities, healthcare services, and other infrastructure. The city will be powered by renewable energy sources, such as solar, wind, and geothermal.

The development of La Verde is expected to bring significant economic growth to the region. It is estimated that the city will create up to 500,000 jobs and attract up to $4 billion in foreign direct investment. It is also expected to reduce the pressure on overcrowded Cairo and its surrounding areas.

The project is still in its early stages, but the Egyptian government has already signed agreements with a number of international companies to develop the city. These include Siemens, Microsoft, and Oracle.

The project is expected to be completed by 2023. Once finished, La Verde will be the largest city in Egypt and one of the largest in the Middle East. It is expected to become a major hub for business and technology in the region, as well as a tourist destination.