Mostafa Madbouly: Foreign Property Ownership Is Common
Egyptian Prime Minister Mustafa Madbouly emphasized that foreign ownership of real estate in Egypt is considered positive, limited to properties and not land, and is conducted in an organized manner under government oversight. He pointed out that allowing foreigners to own real estate aims to attract more investors, and noted that the real estate sector is among Egypt’s successful industries, with efforts being made to promote real estate exports.
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