Cairo, 2025 – Egypt is committed to boosting real estate investment by providing a range of incentives and facilities to both local and foreign investors, according to Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI). He made the remarks during the 3rd edition of the TBL – The Broker League conference.

Abbas emphasized that real estate remains one of Egypt’s largest economic sectors, contributing significantly to GDP and ranking among the most labor-intensive industries. He noted that the implementation of mega national projects, including advanced infrastructure and new sustainable cities, continues to create robust long-term investment opportunities.

Highlighting Egypt’s advantages for foreign investors, Abbas pointed to steady population growth, a strategic geographic location bridging continents, and the country’s potential as a regional logistics hub. He also cited the nation’s economic stability and ongoing development of an investor-friendly environment.

The government is actively supporting the sector through lower bank interest rates, tax incentives, public–private partnerships, and legislative reforms that simplify property registration and facilitate property insurance. Efforts to develop urban areas, eliminate informal settlements, streamline licensing procedures, and enhance infrastructure are central to improving the investment climate.

Abbas stressed that linking property ownership for foreigners to residency has become a key tool to promote real estate investment. He added that Egypt’s participation in international conferences to showcase smart, sustainable, and eco-friendly cities reflects a national vision to leverage real estate as a driver of economic growth and employment generation.