بوابة الفجر
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The Ministry of Housing confirmed that the Egyptian Union of Real Estate Developers' draft law aims to regulate the rapidly growing real estate development sector in Egypt by establishing unified rules and legislation that guarantee the protection of buyers' rights, as well as promoting transparency and good governance. The law discusses standards for classifying developers, includes the creation of professional registries, and requires practitioners of the activity to register with the union. This is part of the ministry’s efforts to strike a balance between protecting consumers and increasing investor confidence in the Egyptian real estate market.
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