Egypt’s Real Estate Development Chamber to propose new financing mechanisms

The Board of Directors of the Real Estate Development Chamber at the Federation of Egyptian Industries presented the most prominent successes achieved by the chamber during 2022.

These successes were based on the continuous follow-up of market developments, cooperation with the Housing Committee in the House of Representatives, and government support to discuss the most important challenges facing real estate market.

In a press conference held last week, Tarek Shoukry — Chairperson of the Real Estate Development Industry Chamber and Deputy of the Housing Committee in the House of Representatives — said that the chamber is working with all its efforts to support real estate development companies operating in the market.

Additionally, it assists these companies in facing any challenges in cooperation with the concerned authorities to solve any problems facing the sector.