Cairo Festival City is a major new development in New Cairo, Egypt. The project, which is located south of Cairo, is one of the largest mixed-use developments in the Middle East. It is a multi-purpose urban center that includes residential, commercial, leisure and entertainment facilities.

The project is being developed by a joint venture between the Saudi-based Al-Futtaim Group and the Egyptian government. It covers an area of more than 4 million square meters and will include a range of residential, commercial and leisure facilities. The project is expected to be completed in 2021.

The project is designed to be a self-sustaining community that provides its residents with all the necessary amenities and services. It will include a shopping mall, entertainment district, office space, and a range of housing options. There will also be a range of public spaces, including parks and open green spaces.

The project is expected to create more than 30,000 jobs and provide a boost to the local economy. It is also expected to attract investment from around the world, as well as tourists. The project is expected to have a positive impact on the environment, as it will reduce the amount of energy used in the area.

Cairo Festival City is an ambitious project that is sure to have a positive impact on the region. It is expected to be a major tourist destination and a major contributor to the economy.