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Prime Minister Emphasizes Private Sector’s Crucial Role in Real Estate

Written byNoha El Shafie

Dr. Mostafa Madbouly, Egypt’s Prime Minister, reaffirmed the government’s commitment to ensuring that the private sector plays a pivotal role in the real estate sector. This statement was made during a recent investment partnership signing event.

The event marked the collaboration between Egyptian and Emirati private sectors to develop an urban project in the Mada area of New Cairo.

Dr. Madbouly highlighted that the agreements being signed reflect investor confidence in the Egyptian economy, noting that today’s project involves investments exceeding $3 billion.

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