The Real Estate Developers Chamber of the Federation of Egyptian Industries plans to launch three initiatives to support the sector. The first involves granting foreigners temporary residency in exchange for purchasing a property valued at approximately $250,000 or more. In this regard, Tarek Shukri, head of the Real Estate Developers Chamber at the Federation of Egyptian Industries, explained in press statements that this initiative is expected to generate $5 billion annually, noting that it has been formally studied and presented to the Minister of Housing.<\/p>\n
Shukri noted that the Chamber is launching another initiative aimed at striking a balance in the coming period through various awareness-raising efforts. Given the devaluation of the pound and rising prices, the market needs innovative ideas, and a new culture must take root in Egypt regarding residential apartment sizes, ensuring that large, unused spaces are avoided, as well as the need to reduce excessive safety factors in designs, since consultants fear poor execution, which can inflate design costs by 20% more than the actual cost. He emphasized the importance of a new mindset and authentic design.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The Real Estate Developers Chamber of the Federation of Egyptian Industries plans to launch three initiatives to support the sector. The first involves granting foreigners temporary residency in exchange for purchasing a property valued at approximately $250,000 or more. In this regard, Tarek Shukri, president of the Real Estate Developers Chamber at the Federation of Egyptian Industries, explained in press statements that this initiative is expected to \u2026 Read more<\/a><\/p>","protected":false},"author":10,"featured_media":14521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[100],"tags":[],"class_list":["post-14520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19.jpg",800,536,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19-300x201.jpg",300,201,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19-768x515.jpg",768,515,true],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19.jpg",800,536,false],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19.jpg",800,536,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19.jpg",800,536,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19.jpg",18,12,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19.jpg",800,536,false],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2017\/01\/cairo_19.jpg",800,536,false]},"author_info":{"info":["\u0627\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"\u0633\u0643\u0646\u064a<\/a>","tag_info":"\u0633\u0643\u0646\u064a","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/14520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=14520"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/14520\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media\/14521"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=14520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=14520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=14520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}