Showing posts with label Egypt Investment. Show all posts
Showing posts with label Egypt Investment. Show all posts

Friday, June 7, 2019

Real estate investment in Egypt

Many investors and businessmen seek to invest their money in the Egyptian real estate market, through which profits are generated to help them develop their various projects. The investor in the Egyptian real estate sector should be aware of many of the internal and external factors that affect the real estate climate.

Real estate investment is considered one of the most successful investments in the world, especially the Arab Republic of Egypt. Real estate investment in Egypt is witnessing great changes in terms of movement and development. Real estate investment is no longer confined to businessmen and investors. To increase demand.

The State has also helped investors, businessmen and themselves by opening new investment fronts in the real estate sector by adopting real estate projects such as low-income housing, youth housing and other new urban communities in desert areas.

Many investors prefer to invest their money in the real estate sector from other sectors such as the gold market and the stock exchange because these investments are linked to international prices and the dollar price, but the real estate investment is linked to the internal conditions of the country, and the provision of the government of that country to help increase investments and attract heads Money to create a successful and profitable real estate market.

The liberalization of the exchange rate of the dollar has played a major role in attracting investors to the Egyptian real estate market, which witnessed a boom in price increases, prompting investors to buy land and housing units to convert it into real estate investment. The real estate market in Egypt is experiencing a boom and price rise, For school holidays and the completion of marriage in the summer.

The State has developed the infrastructure of the country from the development of the road network and all the facilities needed by the investor for the success of his investment projects in the real estate sector.

The real estate investment is one of the best types of investment in Egypt and in the Arab world as a result of what this sector achieves from big profits, And has been associated with many sectors of service, commercial and industrial, and the State launched several giant national projects, which has been the introduction of international partners, and developers have contributed to the modernization of real estate marketing in Egypt.

The Egyptian State has provided many new areas for real estate investment. The choice of these areas was based on the idea of ​​exploiting the Sahara and alleviating the population congestion in Greater Cairo and other governorates and working to provide all the facilities and services needed by the real estate sector.

The fifth assembly area is considered one of the most important real estate investment areas in Egypt due to its unique design which combines the eastern style with the western style. The new Cairo is a real estate project in Egypt. Sports clubs and places of worship.

In order to achieve a successful real estate investment, the investor must be fully aware of the rules and laws of the Egyptian real estate market and abide by them. It is also necessary to know the economic and social conditions surrounding Egypt to find out the investment opportunities available in it and to know the real estate prices available in the Egyptian real estate market so that it can achieve the desired profits from the investment In this important sector, which the government supports and cares about.

Thursday, April 18, 2019

Economic growth of the Arab countries in the coming years

The Arab Monetary Fund expects Arab countries to grow by 3.1 per cent in 2019 and 3.4 per cent in 2020, reflecting expectations that the growth rate of the Arab Petroleum Exporting Countries will continue to rise to about 2.8 and 3.1 per cent in 2019 and 2020 respectively , Amid an expected divergence of trends in economic activity across the Group.

The Arab Economic Outlook, issued by the Fund for the month of April, was quoted by aleqt.com. It included an update on the economic performance forecasts of the Arab countries on several levels including economic growth, trends in domestic prices, monetary and financial conditions and expectations for the sector. External relations in the Arab countries during the years 2019 and 2020.

The report pointed out that the most prominent policy priorities for the Arab countries is to create more job opportunities to meet the challenge of unemployment in light of the high rate of unemployment in the Arab countries to almost double the rate of global unemployment. The unemployment challenge in Arab countries is concentrated in the youth sector, especially females, where the unemployment rate among young people rises to 26 per cent according to World Bank data, which is also twice the global average. Young female unemployment is at the highest level Globally is 40 per cent compared to 15 per cent for the world average.

The potential repercussions of the Fourth Industrial Revolution and the subsequent technical developments increase the magnitude of the challenges facing Arab countries in the future.

Addressing the unemployment challenge requires the Arab countries to adopt an integrated approach based on a comprehensive transformation of the structures of the Arab economies, increasing labor market dynamics, facilitating access to finance, adopting institutional reforms to increase the flexibility of labor markets and products, As well as the establishment of educational observatories to explore the needs of the labor markets, seek greater integration into the global economy, and conclude trade liberalization agreements and labor and capital transfers.

With regard to trends in the development of domestic prices, the inflation rate in the Arab countries is expected to decline to 9.3 per cent and 8.1 per cent during 2019 and 2020, respectively, as a result of the low rate of inflation in the Arab oil-exporting countries to 6.1 per cent and 5.9 per cent respectively In 2019 and 2020.

At the sub-group level, inflation in the GCC is expected to fall to around 1.3 per cent in 2019, while inflation is expected to be about 1.6 per cent by 2020. In other oil-producing countries, The inflation rate to about 6.3 per cent during 2019. While expected to reach about 6.5 per cent during 2020.

In the group of Arab oil-importing countries, inflation is expected to fall to about 11.8 percent in 2019 and 9.9 percent in 2020.

With regard to monetary conditions, it is expected that during the years 2019 and 2020, monetary conditions in Arab countries will be affected by economic trends, external demand levels and monetary policy positions in the United States and the European Union. In this context, the return of traditional monetary policy in the United States and the euro zone is expected to have implications for monetary conditions in countries that adopt fixed exchange rate regimes, which will affect the cost of domestic and external financing and capital flows.

In countries that adopt more flexible exchange rates, improved monetary conditions in some will remain linked to improved external demand levels, which will support net foreign assets, help to provide domestic credit and reduce interest rates, and help reduce pressures in the foreign exchange market.

With regard to the financial situation, the combined budget deficit of the Arab countries as a percentage of GDP is expected to decrease to 5.5 per cent in 2019, reflecting the expected impact of the fiscal reforms adopted during the forecast horizon.

On the external sector, the current account surplus is expected to stabilize at around 1.6 per cent of GDP in 2019 and 2020.

Sunday, April 14, 2019

Marketing of the new administrative capital of the Gulf States

MasterGroup has announced that it has launched a promotional tour in several Gulf countries, led by Saudi Arabia and the United Arab Emirates, for its projects in the Egyptian market, especially in the new administrative capital through The City & The City Valley project. Egyptian Pound.

The company began promoting its projects in two of the largest real estate exhibitions in the Arab world, namely, Wafix Real Estate Fair in Jeddah, which was held under the patronage of the Saudi Minister of Housing Majid bin Abdullah Al-Haqail. After the completion of the Saudi market, the company participated in the " In the city of Abu Dhabi in its eighth session, which will be held during the period from 14 to 16 March in Al Ain.

The company's president, Eng. Mohamed Lashin, said that his company is working to promote the outstanding projects in Egypt in light of the real estate boom experienced by the Egyptian real estate sector after the launch of the new administrative capital projects. He pointed out that the concept of exporting real estate sector in the Arab and Gulf countries under the facilities and incentives provided by Egyptian State.

He explained that the company did not only address Egyptians working abroad, but focused its marketing plan on the Gulf brothers wishing to obtain a residence in Egypt in return for owning a property, which has had a great impact on opening new ways of marketing in the Gulf region, especially we have touched the great passion about the capital project As the future of Egypt's real estate which resonates greatly abroad.

Lashin pointed out that the great demand for the company's projects in the foreign exhibitions encouraged them to continue to participate in regional exhibitions and events in order to introduce the Arab peoples to the national projects in Egypt such as the administrative capital, stressing that MasterGroup has future plans to continue investing in the new Egyptian development axes such as Ain Sukhna axis and Ras Sidr axis.

Real estate investment partnership contracts

Egyptian real estate market is the second phase of partnership projects signed new contracts with real estate development companies.

The Urban Communities Authority in Egypt ends this month with the signing of contracts for the second phase of partnership projects with the private sector.

The Commission signed 3 contracts out of a total of 6 contracts with SODIC, Al Ahli Real Estate Development Company and Arkan Palm Real Estate Investment Company for three projects with an area of ​​849 acres in the cities of Sheikh Zayed and 6 October with expected investments of 93.5 billion pounds, providing over 163,000 jobs Directly and indirectly, according to the newspaper "stock market" Egyptian.

"Urban communities" are negotiating with Arab Real Estate Development Company (ARCO) and Iwan Real Estate Development Company to sign contracts for three projects in the cities of New Cairo and Sheikh Zayed, Ministry of Housing sources said.

She added that the negotiations are in their final stages and agreed on the financial and in-kind shares of the Authority and will obtain the approvals of companies on the final version of the contract during the month.

During the second phase of the partnership projects, 21 real estate investment companies submitted 36 bids to compete for 12 plots of land in the cities of New Cairo, Sheikh Zayed and 6th of October.

The Arab Real Estate Development Company (ARCO) has won the development of an integrated 410-acre urban project in Sheikh Zayed City. Palm Al-Alamein, a joint venture of Palm Hills and Arkan Real Estate Investment Company, has also developed a mixed-use commercial, administrative, hotel, medical and entertainment project. "With the plot of" Zayed Spark "with an area of ​​205 acres in" Zayed ".

West Ewan Real Estate Development Company has developed a 1,000-acre integrated development project in the Sheikh Zayed City extension. SODIC has successfully developed a fully integrated 500-acre construction project along Sheikh Zayed City.

AlAhli Real Estate Development Company has successfully developed a fully integrated urban development project on 144 acres in the 6th of October City. East Ewan Real Estate Investment Company is developing an integrated urban tourism project with an area of ​​104 acres in the new city of Cairo.