Serrano New Capital is a new city being developed in Egypt, located in the eastern desert region of the country. The city is being developed by the Egyptian government in partnership with the private sector, and is expected to become a major hub for business, finance, and tourism.

The city is being built on a total area of over 10,000 acres, and is expected to be home to over 1 million people when it is completed. The city is being designed to be a modern, sustainable, and livable city, with a focus on green spaces, public transportation, and smart technology.

The city is being developed in three phases, with the first phase focusing on infrastructure and basic services. This includes the construction of roads, utilities, and other infrastructure. The second phase will focus on residential and commercial development, while the third phase will focus on leisure and entertainment.

The city is expected to be a major hub for business and finance, with a number of international companies already expressing interest in setting up operations in the city. The city is also expected to be a major tourist destination, with a number of attractions planned, including a theme park, a golf course, and a marina.

The city is expected to be completed by 2023, and is expected to be a major contributor to the Egyptian economy. It is hoped that the city will create jobs and attract investment, helping to boost the country's economy.