Nile Business City is a new development project located in the New Administrative Capital of Egypt. The project is being developed by Nile Real Estate Development, a subsidiary of the Egyptian construction company, Hassan Allam Holding. The project is expected to be completed by 2023 and will cover an area of 50 acres.

The Nile Business City project aims to create a modern business hub that will attract local and international investors. The project will feature a mix of commercial, residential, and entertainment facilities. The development will include office buildings, retail spaces, hotels, and residential apartments.

The project is strategically located in the heart of the New Administrative Capital, which is a new city being built to relieve the congestion in Cairo. The New Administrative Capital is located 45 kilometers east of Cairo and is expected to be the new administrative and financial center of Egypt.

The Nile Business City project is expected to create job opportunities and boost economic growth in the region. The project is also expected to attract foreign investment and promote Egypt as a business-friendly destination.

The project is being developed in phases, with the first phase expected to be completed by 2021. The first phase will include the construction of three office buildings, a hotel, and a retail center. The second phase will include the construction of more office buildings and residential apartments.

The Nile Business City project is part of the Egyptian government's plan to develop the New Administrative Capital and promote economic growth in the country. The government is investing heavily in infrastructure projects, including the construction of a new airport, a new railway network, and a new road network.

In conclusion, the Nile Business City project is a significant development in the New Administrative Capital of Egypt. The project is expected to create job opportunities, boost economic growth, and attract foreign investment. The project is a testament to the Egyptian government's commitment to developing the country's infrastructure and promoting economic growth.