Diyaa Rashwan on Foreign Property Rights

The Minister of State for Information confirmed that foreigners owning properties in Egypt does not harm the economy or the state's assets. He explained that most residential units are unoccupied, totaling nearly 12 million units in 2017, and that the units purchased by foreigners represent only a small fraction of the more than 50 million housing units in the country. He called for a precise analysis of the figures and warned against relying on rumors or misleading slogans regarding this issue.

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