Al Maqsad New Capital Egypt is a new city being built on the outskirts of Cairo, Egypt. It is being developed as a new administrative and business center for the country, and is expected to be one of the most important cities in the Middle East.

The city is being built on an area of about 70 square kilometers, and is expected to be completed by 2021. It is being built by the Egyptian Government, along with a number of private investors. The city is planned to have a population of 5 million people, and will include a number of residential, commercial, and industrial areas.

The project is expected to cost around $45 billion, and will be financed by the government, private investors, and international donors. The city is expected to create jobs for over 400,000 people, and will be a major hub for international trade and investment.

The city will feature a number of modern amenities, such as a metro system, a high-speed railway, and a new international airport. It will also feature a number of green spaces, parks, and other recreational areas.

Al Maqsad is expected to be an important hub in the Middle East, and will be a major contributor to Egypt's economy. It is expected to attract a number of foreign investors, and will help to create a modern, vibrant economy.