Solas New Capital is a new city development located in Cairo, Egypt. The project is being developed by the Egyptian government in partnership with private investors and is expected to become the largest urban development in the Middle East. The project is estimated to cost over $45 billion and will cover an area of 70,000 acres, making it twice the size of Manhattan.

The city will be built on the banks of the Nile River and will feature a mix of residential, commercial, and recreational areas. It will also feature a number of green spaces and parks, as well as a number of cultural and educational institutions.

The project is expected to create over 500,000 jobs and to attract over five million visitors each year. The city will also be home to a number of international companies, as well as a range of luxury hotels, shopping malls, and entertainment venues.

The project is part of the Egyptian government’s plan to diversify its economy and to attract foreign investment. It is hoped that the project will help to reduce the country’s reliance on oil and gas, and to create a more prosperous and sustainable economy.

The project is expected to be completed by 2033 and is a major step forward for the Egyptian economy. It is hoped that the city will become a leading example of urban development in the Middle East and will help to attract more international investment and visitors to the country.