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Hani Shehata on Real Estate Controls
The article focused on President Abdel Fattah El-Sisi's directives to regulate the real estate market in Egypt, after identifying issues and emphasizing the need to protect citizens' rights and ensure compliance with contracts. MP Hany Shahat explained that the combined sales volume of the top 20 real estate developers in 2025 reached 1.6 trillion Egyptian pounds, and that the market and related industries account for 40% of the gross domestic product. He also noted that the Prime Minister’s decision regarding the regulations for selling real estate development units has not been clearly activated. The state will take legal measures to ensure the execution of contracts and the delivery of units on time, while monitoring developers’ commitment and safeguarding citizens’ interests.
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