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imported 2024-03-17 17:43:07

The real estate market in Egypt is experiencing intense competition

The Egyptian market is starting to witness intense competition between the investment companies related to huge tenders and contracts for the implementation of a range of real estate projects. This will create a healthy competitive environment that will have a positive impact on the Egyptian economy. It is expected that the prices of Egypt’s property units will increase by up to 15 percent by end of 2014.

Security situation in Egypt: Is Egypt finally secure for investments?

“Unfortunately, the perception of the revolution and of Egypt in the west does not reflect what we see on the ground. It is very important that companies and international investors come to Egypt and investigate for themselves,” noted Mostafa Al Hassan, chairman of a private security company (Global Consolidated Contractors).

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