Features | Red Sea

  • Given the Conditions, Where Can Retirees Find Homes?
    Investment

    Given the Conditions, Where Can Retirees Find Homes?

    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

  • El Gouna Festivities’ Triple Effect: Revive Cinema, Promotes Tourism, Boost Real Estate
    Tourism Commercial

    El Gouna Festivities’ Triple Effect: Revive Cinema, Promotes Tourism, Boost Real Estate

    Monday, 25th September 2017

    Events catering to the interests of high-end potential clients and enthusiasts of young talent may contribute to heightening tourist, as well as, real estate investment inflows in the long term, experts say. Among those is the inaugural edition of the El-Gouna Film Festival, the brainchild of Egyptian billionaire and OTMT Chairman Naguib Sawiris. Invest-Gate looks into what EL-Gouna’s international ongoing events mean for the prospective investment climate nationally and in the resort town.