Eng. Sherif El Sherbini, Minister of Housing, Utilities, and Urban Communities, held a meeting with officials from the the Official Egyptian Real Estate Platform to follow up on the launch of two national platforms, one to regulate Egypt’s real estate market, and another to promote and export Egyptian property globally, Invest-Gate reports.

The meeting brought together representatives from the ministries of Housing, Communications, and Justice, as well as the New Urban Communities Authority.

El Sherbini highlighted that the Ministry has been prioritising digital transformation and governance in the real estate sector, adding that substantial progress has been made in coordination with the Ministry of Communications and other concerned authorities. He stressed the importance of these efforts in tightening market regulations and enhancing transparency.

The minister also reviewed the Ministry’s vision for regulating the real estate sector and promoting Egyptian property abroad. The initiative includes creating two separate platforms — one focused on market regulation and the other on real estate export. These platforms will provide developer evaluation standards, register real estate brokers, issue their licences, and develop assessment criteria to better regulate the market.

He emphasized the need for collaboration among all involved parties and for integration with the Masr Real Estate Platform, which will serve as a unified hub for the initiatives. It will also display available property stock across Egypt and link with related platforms.

The discussion covered operational details and inter-agency coordination to ensure that all services related to property acquisition are accessible through a single interface. The platforms will also support multilingual and multicurrency transactions, secure documentation, and international standards to safeguard investors’ rights and encourage real estate investment in Egypt.