Eng. Mohamed Taher, Chairman of Nile Developments, took part in the "Invest Gate" roundtable on "The Egyptian Real Estate Market and Economic Crises,"
alongside Eng. Khaled Abbas, Chairman of the Administrative Capital Development Company, and Eng. Fathallah Fawzy, Vice President of the Egyptian Businessmen Association, and Engineer Tariq Shoukry, Chairman of the Real Estate Development Incorporated.
He said: we still have a long way to go in terms of overcoming obstacles and suffering caused by high-interest rates and the complexities of real estate financing, in addition to the need for a clear strategy developed in collaboration with the government to support real estate export to provide the necessary liquidity for companies to continue their projects. I expect such conversations would significantly boost the real estate sector, allowing it to overcome its difficulties. It presents itself as a desirable, appealing, and more adaptable investment.
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