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Egypt is stepping up efforts to attract real estate investment through a range of tax incentives, legislative reforms, and support for both local and foreign investors, the General Authority for Investment and Free Zones (GAFI) said.
Deputy CEO Yasser Abbas highlighted the sector’s significance to GDP and employment, noting that ongoing national projects, including new sustainable cities and advanced infrastructure, present strong long-term investment opportunities.
Key incentives include lower bank interest rates, simplified property registration, property insurance facilitation, and measures supporting public–private partnerships. The government also promotes foreign property ownership linked to residency, aiming to strengthen Egypt as a regional real estate hub.
Abbas emphasized that the state is committed to improving urban areas, streamlining licensing, enhancing infrastructure, and creating one-stop-shop services to foster a favorable investment climate.
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