Nile Business City (NBC) is a new administrative capital of Egypt. It is a large-scale urban development project that is being developed by the Egyptian government. The project is located about 45 km east of Cairo, on the Cairo-Suez highway.

The project is expected to be completed in 2022, and will include a diverse range of residential, commercial, and industrial facilities. It will also include a business district, a financial center, a technology hub, an international airport, and a free trade zone.

The project is being developed by the Egyptian government in partnership with the private sector. The government has allocated a total of $45 billion for the project. The project is expected to create more than 500,000 jobs and will provide housing for more than 2 million people.

NBC is designed to be a modern, smart, and sustainable city. It will feature green spaces, modern public transportation, and advanced technology. The city will also have a strong focus on education, with the aim of creating a knowledge-based economy.

The project is expected to have a major impact on the Egyptian economy. It is hoped that it will attract foreign investment, create jobs, and increase the country’s GDP. It is also expected to help reduce poverty and improve living standards.

Overall, Nile Business City is an ambitious project that is expected to have a major impact on Egypt’s economy and society. It is hoped that it will help create a more prosperous and sustainable future for the country.