Invest-Gate talks to Tarek Hegazy, CEO and Creative Director of Living Design, who enjoys a 33 year- long portfolio of 350 plus prestigious projects, the majority being five stars hotels. During the interview, Hegazy outlined how RED Summit is elevating the Egyptian real estate market and his evaluation of Egypt's economy from a global perspective. He also explains the mortgage incentives and how they affected the market, and whether the recent devaluation of the currency would encourage the market or not.

Brokers typically fill the role of matching buyers with sellers, often in an environment of standards and norms that limit competition between professionals. Thus, Invest-Gate sheds light on the new amendments of the new brokerage law recently approved by the cabinet.

Invest-Gate launches its last roundtable for 2021, focusing on the future of commercial, administrative, and industrial real estate in Egypt under the title “Going Commercial...The Future of Egypt’s Real Estate Market” on December 8 at the Nile Ritz Carlton

The industrial sector is a major growth driver having strong backward and forward linkages with both the agriculture and services sectors. It is expected to play an instrumental role in reinvigorating economic growth in the Egyptian economy over the medium and long terms. Therefore, Invest-Gate observes an investment door wide open in Egypt’s industrial real estate.

Amid many economic and political shocks that Egypt has witnessed in the last decade, the real estate sector has proven to be one of the most resilient sectors.