Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has confirmed that the annual investments in the real estate sector stand at EGP 700 bn - EGP 800 bn, of which 60% are provided by the public sector.

International property advisor Savills has emphasized that now is the right time for real estate investment in Egypt, pointing out that the Egyptian economy is booming and progressing and investments in the country's property sector are growing at a fast pace.

Invest-Gate is delighted to announce its media partnership with the 30th edition of France’s leading real estate exhibition MIPIM, which will be held from March 12 to 15 at Palais Des Festivals, Cannes.

Egypt's real estate marketing franchise RE/MAX has successfully launched RE/MAX Corporate, which aims at expanding the real estate exports market and initially targets achieving 6% of the company's total sales in 2019 from the same market.

Major real estate developers say that the country’s property sector employs 14% of the country’s manpower and accounts for 15% of the gross domestic product along with the contracting sector, Invest-Gate reports.