Egypt's real estate market is expected to slow down in the first quarter of 2023 due to the introduction of high-interest certificates of deposit (CDs) and inflation.
Although industry insiders have spoken favorably of the bill that is expected to help draw in some much-needed liquidity into the sector, it's still unclear whether the bill will be a panacea for contractors struggling to keep up with rising costs.
Invest-Gate concludes its first roundtable in 2023 in collaboration with the Egyptian Businessmen’s Association (EBA), shedding light on recent global economic crises and how they affected the performance of Egypt’s real estate market.
Opening its series of roundtables over 2023, Invest-Gate holds a roundtable, in collaboration with the Egyptian Businessmen’s Association (EBA), shedding light on recent global economic crises and how they affected the performance of Egypt’s real estate market. The roundtable takes place on January 31st, 2023 at 09:00 am in the Nile Ritz Carlton. Hosting prominent experts in the Egyptian real estate sector, the roundtable carries the title “Egypt’s Real Estate Market Vs. Economic Crises.”
The roundtable is divided into two sessions, titled “Tools to Overcome Crises.” Both sessions will be moderated by Fathallah Fawzy, Vice Chairman of the EBA and Chairman of the Real Estate Development and Contracting Committee.
Invest-Gate figures out what the flexible exchange rate regime is and how does it affect the economy, alongside other aspects related to the current and future outlook of the local real estate sector.
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