Egypt real estate sector urges export strategy green incentives and reforms

Egypt's real estate leaders are calling for structural reforms to turn the sector into a globally competitive investment hub. Proposals include a national export strategy, green incentives, and a long-awaited real estate exchange.

Egypt's real estate market has expanded rapidly in recent years driven by large-scale urban projects smart cities and rising foreign interest. Stakeholders view the sector as a key engine for economic growth and foreign currency generation.

Developers proposed a unified digital platform to market Egyptian properties abroad along with greater cooperation with international brokers. They also urged removal of tax barriers for real estate funds and golden licences for projects.

Ahmed Sabbour stated the market would reach 33.67 billion dollars by 2029 up from 20.02 billion dollars in 2024. Amr Sultan CEO of LMD Egypt said annual real estate exports could hit 30 billion dollars compared with 1.5 billion dollars in 2025.

Hisham Shoukry noted Egypt earned nearly 2 billion dollars from real estate exports in fiscal year 2024-2025 with expected growth of 10 to 20 percent in the following year. Participants stressed green project incentives and clearer rules for natural reserve lands.

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Egypt’s real estate market continues to demonstrate resilience despite ongoing regional uncertainty, according to Savills Egypt. Developers are maintaining project pipelines and demand holds steady, despite rising energy costs.

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Minister of Planning and Economic Development Ahmed Rostom told parliament that Egypt’s economy is projected to grow by 5.4% by the end of fiscal year 2026/2027, rising to 6.8% by the end of the medium-term plan in 2029/2030. The government adopted a cautious growth scenario amid regional and global uncertainty.

Egypt's Ministers of Investment and Foreign Trade, Industry, and Labour held two high-level meetings with key industry stakeholders to strengthen the competitiveness of the pharmaceutical and ready-made garments sectors, increase exports, and deepen local manufacturing.

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Egypt's Finance Minister Ahmed Kouchouk said the government is working to reduce budget sector debt and the overall deficit while maintaining a primary surplus to lower debt servicing costs and create greater fiscal space for human development and social protection. He added that efforts are underway to diversify financing sources with a focus on development financing and the domestic market alongside a gradual reduction in reliance on commercial borrowing.

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