iCity New Cairo is a large-scale real estate development located in the outskirts of Cairo, Egypt. The project is a joint venture between two of the country’s most prominent developers, Orascom Construction and Talaat Moustafa Group. The project is expected to be completed in 2021, and will feature a variety of residential, commercial and entertainment offerings.

The project will cover an area of over 3.5 million square meters and include a variety of housing, shopping, entertainment and educational facilities. The residential component will include a variety of housing options, from apartments to villas and townhouses. The commercial component will include a variety of retail outlets, restaurants and cafes, as well as office space. The entertainment component will include a variety of cinemas, bowling alleys, and other recreational activities.

The project is also expected to feature a number of green spaces, including parks and gardens, as well as a variety of cultural and educational facilities. The project is also expected to feature a number of transportation options, including a metro line and a monorail system.

The project is expected to create over 50,000 jobs and generate over US$2 billion in direct investment. It is also expected to attract over 3 million visitors each year, making it one of the most popular tourist destinations in Egypt.

iCity New Cairo is expected to be a major boost for the Egyptian economy, and is expected to contribute to the country’s overall growth and development. The project is also expected to help reduce the country’s unemployment rate, and create a more vibrant and prosperous economy.