The Ministry of Housing, Utilities and Urban Development has signed a memorandum of understanding (MoU) with Informa Exhibitions, organizer of the real estate exhibition Cityscape Global, on August 2 to market the Egyptian real estate, Invest-Gate reports.

Under the MoU, Egypt will be invited as a guest of honor at any of the conferences organized by Informa, according to Egypt’s State Information Service (SIS).

The deal was inked by Deputy Minister of Housing for National Projects Khaled Abbas and the chairman of Informa Exhibitions, in the presence of Prime Minister Mostafa Madbouly, who is also the Minister of Housing, Utilities, and Urban Development.

Abbas pointed out that the MoU is considered a key step to launching a marketing campaign for Egypt overseas. The deal is not just limited to the state’s real estate sector, but also its national projects, he elaborated.

A pavilion will be granted for Egypt to advertise its current investment opportunities, particularly those offered at the New Administrative Capital and new cities alongside the Egyptian real estate, Abbas confirmed.