77 Days
Source:
بوابة الشروق
Amr Adib backs foreign property ownership
Media personality Amr Adib confirmed that Egypt needs to allow foreigners to own real estate and land in order to boost the economy and invigorate the real estate market. He pointed out that there are about 20 million closed housing units representing an idle wealth. He clarified that this approach does not threaten the demographic composition, and that property ownership can be regulated in strategic areas to ensure sovereignty and security. He viewed exporting real estate as an important step to support the country's resources and stimulate economic activity.
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