Summer is the time when most people head to their vacation houses on the North Coast or the Red Sea, fueling an appetite for first-time buyers and potential investors to hop on the bandwagon. But summer 2020 is unlike any other; appetite for leisure property purchases is somewhat suppressed during this supposedly "always-busy" holiday. This was mainly due to the Coronavirus crisis, which changed the facets of the Egyptian summer property market. 

“ We urge real estate developing companies to proceed with their projects, emphasizing the importance of serious precautionary measures to protect employees,”Head of the Real Estate Development Chamber Mr. Tarek Shoukry opens up.

Invest-Gate talks with Yasser Assem, chairman and CEO of Pavillion Architects, one of Egypt’s long-established architecture company, to discuss his vision of creating bespoke designs. After a long history of making bold moves, the market guru voices the fruitful end-to-end experience and sound tactics that his business has managed to hold for enhancing projects’ productivity and boosting profits, even during uncertain times.

Invest-Gate interviews a number of leading and successful female professionals in the real estate brokerage, marketing, and public relations (PR) fields to know more about the gains and hurdles of working in this challenging sector.

Invest-Gate sits with ARDIC for Real Estate Development and Investments’ CEO Ashraf Dowidar to get an overview of the Egyptian economy in general and the real estate sector in specific. Dowidar also shares details about his latest projects, as well as, marketing strategies during the holy month of Ramadan.

Construction work is a vital part of the Egyptian economy, providing countless employment and infrastructure opportunities around the country; however, workers in the field still suffer from low job security, have no access to medical and life insurances, and receive no pension despite being at risk for some major injuries that can, at times, be fatal

After years of turmoil, Egypt has proved itself resilient to headwinds and started to reap the fruits of economic reform. Believing that Egypt has the potential to attracting more investments, Invest-Gate met up with Ian Albert, Colliers International Middle East & North Africa regional director at Cityscape Conference, which took place on March 12 and 13, for an in-depth discussion about the investment climate in Egypt and the real estate market

After a phase of volatility in the Egyptian economy, the real estate market is still attracting inflows as it benefits from the positive aspects of the floatation imposed by the central bank last year. As the market booms, and with 10% of Egypt’s population above the age of 65, the need for retirement homes is hiking, awaiting developers to put together sustainable projects to serve a never-ending demand

As 2017 is drawing to a close, Invest-Gate surveys a number of brokerage companies and platforms to learn more about the the highest yields areas this year, as well as, the highest yields compounds.

Despite the floatation of the Egyptian pound back in November 2016 and its consequences such as significant price hikes across the real estate market, 2017 saw an increased demand. Measuring market demand through studies, Aqarmap concludes that the demand rose to 3,231 points in October from 2,678 points in January; and here is why