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Many African countries want to enter Egyptian companies to work with them to develop the real estate sector

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Monday 16/June/2025 – 11:57 am

















Dr. Abdel -Khaleq Ibrahim, Assistant Minister of Housing for Technical Affairs, said that the national real estate number is one of the government’s mechanisms for the authorities responsible for marketing the real estate product, so there must be a number of real estate as a kind of file government.

The development of the real estate sector

He explained during his participation in an economic conference today, that Real estate export As a unit or land, it is to increase the hard currency of Egypt, and all the mechanisms that support this file aim to increase our cash reserve.

The Deputy Minister of Housing affirmed that there are many African countries that wish to enter Egyptian companies to work with them to develop the real estate sector, so the government of procedures is scheduled to take place in this file at the end of this year 2025.

The Minister of Housing issues 4 decisions to remove constructive violations in Cairo, Port Said and the northern coast

He released the engineer Sherif El -SherbinyMinister of Housing, Utilities and Urban Communities, 4 decisions to remove the construction violations and encroachments in the cities: New Cairo, Port Said, and the second sector of the northwestern coast.

The Minister of Housing affirmed the continuation of the removal of encroachments and violations on the lands under the mandate of the new city development devices, and that there are instructions for the heads and officials of the city’s agencies to do so and this is their direct responsibility, in the context of maximizing the benefit of lands by offering more investment opportunities and preventing random phenomena.

The decisions stipulated that construction violations on the plot of land No. 194 extension of Narcissus (G) – the third assembly in New Cairo City, represented in building the pillars of the basement and a concrete wall, and the construction violations established in the new Port Said city – Salam – are 14 violations, and the construction violations established without a license for 7 buildings in white brick in the Jamima area of ​​the Dabaa Center, within the borders of the second sector of the northwestern coast.



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