Despite the ongoing effects of the COVID-19 crisis, Egypt’s property developers enjoyed a bumper Q3 last year, with sales turning positive on a YoY basis, reflecting optimism for a quicker and more robust recovery over 2021, according to Invest-Gate’s latest market overview report, titled “Scope-Out Egypt’s Real Estate Scene in 2020.”

In the light of the growing population and rising demand on housing units, the Egyptian government is adopting a strategy towards providing adequate housing for all social classes through the social housing program, providing units within planned communities with all the facilities needed