Features | foreign investment
Sunday, 18th February 2018
The mixed-use community, Cairo Festival City, in the heart of New Cairo, turns heads on the hands of renowned international property developer Al-Futtaim Group Real Estate. Invest-Gate sits with the group’s Managing Director Eng. Ashraf Ezz to showcase the latest of Al-Futtaim Group project, Cairo Festival City, in Egypt and presents his outlook on Egypt’s real estate sector in 2018. Ezz shares some insights as well on the investment climate and the future of the market on the long run.
Monday, 5th February 2018
Foreigners can legally purchase property with full “freehold” and “leasehold” rights across many districts in Egypt, Mansoor Ahmed, director of development solution & healthcare at Colliers International notes. With the new investment law, the government grants foreigners the right to buy a property and obtain a temporary residency
Sunday, 28th January 2018
Despite a number of economic challenges that Egypt withstood in 2017 such as the flotation of the local currency and the cutting of fuel subsidies, aiming at achieving a long-term sustained economic development, Rand Merchant Bank (RMB) has named Egypt the number one spot on its list of “Where to Invest in Africa” for 2017. RMB said that Egypt’s favorable growth rate figures, an average of 4% in the past four years, has contributed to enhancing the country's investment attractiveness