Thursday 21 Nov
Informed sources have indicated that Egypt is on the brink of unveiling a series of substantial regional real estate deals. These deals, whose details have not yet been disclosed, will help the Egyptian economy improve its foreign exchange reserves, especially the US dollar.
At the same time, the sources
stated that real estate prices in Egypt are on track to record significant
increases next year.
The sources indicated that the increase in fuel prices in Egypt, and the geopolitical risks that the region is witnessing, have affected the economies of its countries, especially Egypt, specifically through pressures on supply chains, following the disruption of shipping and commercial vessels in the Red Sea and the Suez Canal, all of which will lead to significant increases in real estate prices in Egypt, the impact of which will begin next year 2025. Market analysts predict a 10% to 15% rise in real estate prices within Egypt.
