Engineer Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, affirmed that the state is working to remove obstacles hindering the operation of real estate funds to attract foreign investments and establish joint real estate portfolios with countries such as Saudi Arabia and the UAE.
During a Suhoor event organized by the Egyptian Businessmen’s Association, he added that real estate funds are vital financial instruments that significantly contribute to providing diverse investment opportunities and achieving substantial returns.
He further noted that the Ministry of Housing continues to support the real estate sector, drive economic growth, and provide suitable housing for citizens through future mechanisms to enhance Egypt’s real estate market.