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Mahmoud Al-Mansi: Huge Arab investments in the real estate sector in the near future - Construction

Mahmoud Al-Mansi: Huge Arab investments in the real estate sector in the near future - Construction

Mahmoud Al-Mansi: Huge Arab investments in the real estate sector in the near future - Construction

The chairman of the board of directors of Unified Development, engineer Mahmoud Mans, stated that in recent months, the Egyptian government has implemented a number of laws, regulations, and incentives that have significantly increased interest from both private investors and large international companies, as well as governments from various countries, in the Egyptian market. He noted that these investments will be directed towards various sectors, including industry, agriculture, energy, real estate, and tourism, making Egypt an attractive country for investment from both local and foreign investors.

Mans also mentioned that delegations of official representatives and businessmen from Gulf countries and other states were arriving in Egypt to explore opportunities for new investments in the Egyptian market, which is confirmed by statements from international organizations about their intention to invest in Egypt.

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According to him, the volume of Arab investments in Egypt has reached the mark of70 billion dollarsand the number of companies from the Gulf countries operating in Egypt has approached8500, including companies fromSaudi Arabia,United Arab Emirates,QatarandBahrainThis is evidenced by the growing economic cooperation between Egypt and Arab countries, an increase in mutual trade volumes, and joint investments, not counting the recent deals with the United Arab Emirates.

Moreover, he expressed confidence that foreign investments will continue to flow into Egypt, and new projects and joint initiatives are expected in the near future, which will have a positive impact on the country's economy and allow Egypt to achieve a higher standing in the global economic landscape.

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