Atika New Capital is a new development located in Cairo, Egypt. The project is a joint venture between the government of Egypt and the private sector, and is being undertaken by the New Urban Communities Authority (NUCA). It is situated on the Cairo-Suez Road, approximately 25 kilometers from the city center.

Atika New Capital is being developed as a "smart city" with the aim of providing a modern, sustainable, and high-quality living environment for its residents. The project is expected to be completed in 2021 and will include a variety of residential, commercial, and recreational facilities. It will also feature a number of green spaces and parks, as well as a range of public transportation options.

The development is part of the Egyptian government's efforts to provide more housing and job opportunities to its citizens. It is estimated that the project will create around 250,000 jobs, and provide housing for up to 500,000 people. The project also seeks to reduce congestion in Cairo by providing a new hub for businesses and services, as well as improving public transportation links.

Atika New Capital is expected to be a major economic driver in Egypt, providing a boost to the country's economy. It is estimated that the project will generate up to $25 billion in direct investments and $50 billion in indirect investments. Additionally, the project is expected to have a positive impact on the environment, as it will reduce air pollution and traffic congestion.

Overall, Atika New Capital is an ambitious project that seeks to improve the quality of life for its residents and provide a boost to the economy of Egypt. It is hoped that the project will help to reduce poverty and inequality in the country, and create a more sustainable and prosperous future for all Egyptians.