The Egyptian government is in the process of introducing a set of incentives for real estate acquisitions using foreign exchange.

A revised real estate scheme for foreign exchange has been discussed in meetings between real estate developers and government officials. The incentives aim to attract Egyptian expatriates and foreigners residing in Egypt, encouraging them to use foreign currency for property purchases from private-sector developers, as stated by the Housing Ministry.

ArabMLS Founder

Ahmed Elbatrawy, who leads the Arab MLS platform, aims to simplify property transactions in the Middle East, paving the way for unprecedented global investment opportunities.

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