13 Hrs
Source:
عربية – DW
Egypt Property Exports amid Economic Revival
The Egyptian government is aiming to attract foreign investments by expanding the scope of property ownership for non-Egyptians, through a decision that allows foreigners to purchase real estate more broadly and supports the "property export" strategy. Experts believe that this move could increase demand in the real estate market and boost foreign currency inflows, despite concerns about its impact on Egyptians' purchasing power and the potential for unjustified rises in property prices.
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