Speaking at the third edition of The Investor – Real Estate Conference on Tuesday, Heiba confirmed that Egypt had finalized one of its largest-ever foreign investment deals through the Ras El Hekma development, valued at more than $35.7 billion.
The joint real estate venture is just one aspect of a broader partnership that aims to increase trade, investment, and cooperation in various sectors.
During the meeting, a proposed initiative was reviewed to make real estate units available for sale in dollars, whether to Egyptians abroad or foreigners
JLL’s Cairo Real Estate Market Overview Report for Q1 2023 predicts that the expected FDI inflow will relieve pressure on real estate activities across the country, particularly in Cairo
