Al Maqsad New Capital Egypt is a planned city located in the desert region of Egypt, about 25 miles east of Cairo. The city is expected to be a major hub for business, finance, and technology, and will be the largest city in the Middle East.

The city is being developed by the Egyptian government in partnership with the Chinese company, China Fortune Land Development Co., Ltd. (CFLD). The project is expected to cost over $45 billion and will be built over a period of 15 years.

The city is designed to be a modern, eco-friendly city with a focus on sustainability and renewable energy. It will have a wide range of amenities, including a business district, residential areas, industrial zones, parks, and a lake. It will also feature a range of green spaces, including a botanical garden, a desert park, and a man-made lake.

The city is expected to have a population of 5 million people when it is completed. It will be home to a variety of businesses, including technology companies, financial institutions, and manufacturing companies. The city is also expected to be a major hub for tourism and entertainment, with a variety of cultural attractions, including museums, galleries, and theaters.

Al Maqsad New Capital Egypt is expected to be an important part of the region's economic development and will be a major contributor to the country's GDP. The city is expected to create more than one million jobs and will be a major driver of economic growth in the region.