Real estate is among the most traditional means of investment, being a safe haven for long-term investors.
Egypt plans to expand in exporting its real estate and make the sector more attractive over the coming period. The country’s government is working on a plan to increase exports and facilitate the regulations of exporting the Egyptian real estate.
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.
In Egypt, after weeks of self-isolation and social distancing, especially across its vital revenue-generating industries, namely real estate, new business models have developed and marketing strategies have been modified to combat the virus outbreak, to overcome its aftermath, and “get the wheel running” as they say. In addition, work has resumed, especially where governmental projects are concerned, to meet the scheduled deadlines, while prioritizing the safety of workers involved. Invest-Gate meets up with a number of Egypt’s currently active players across the private sector to get their insights on the market and how this global crisis affected their businesses, while reflecting on the strategies they have adopted to overcome this unprecedented time.
At this difficult time, we all seek comfort when moving into the unknown. Invest-Gate displays some hardships and some feasible business opportunities in the time of COVID-19 from the eyes of Egyptian experts.
How to effortlessly get a slice of the real estate pie and build wealth in tandem, while also leveraging not putting all your eggs in one basket? Invest-Gate reviews the most prevalent narrative threads as well as the stages of maturity of REIT regimes regionally and internationally. Besides, we flag up the elevator pitch on why everyday developers and investors should make room for this concept in their portfolios, with a special focus on the Egyptian scene.
With a wide list of projects worldwide, namely in the UAE, London, Montenegro, and Seychelles, Abu Dhabi Capital Group (ADCG) and Al-Ain Properties landed in Egypt with Capital Group Properties (CGP) and its debut project, Alburouj, back in 2015. We speak to the company’s Deputy CEO Amgad Hassanein about the latest on Alburouj and the company’s future expansion in the country. Capital Group Properties see Egypt an important investment hub; hence, it is here to stay.
In recent years, the Egyptian government has been introducing a number of laws, offering services, and implementing infrastructure and housing projects as part of an economic reform program, aiming to help improve its business competitiveness and attractiveness for private investments in many sectors, especially the real estate sector. Invest-Gate delves into this file to explore incentives and projects carried out in the past period, while interviewing a number of investors to know how they perceive the government’s achievements and what they still need
Destinations along the Red Sea are numerous including Nuweiba, Ain Sokhna, Ras Sudr, Sharm El-Sheikh, Hurghada, Gouna, Marsa Alam, Somabay and many more. Each destination is unique and offer its own special set of entertainment, beaches, and services
For many years, Egypt has been viewed as a risky tourist destination despite its unrivaled natural landscapes, history, and culture. However, tourists have recently began returning in flocks as stability returns, and the hospitality sector is growing as a result. Invest-Gate delves more into this issue to explore to what extent Egypt started to reap the rewards.