New Project menu option is disabled

I am unable to create a new project because File->New Project menu option is disabled. I have just installed Cubase Elements and this is the first time that I am trying to create a project. According to the manual this should be rather straight forward: File > New Project
Does anyone have an idea why this option might be disabled for me?

Hi and welcome to the forum,

If the Steinberg Hub is open, click on the Create Empty button in the Hub, please.