Eng. Ahmed Sabour: Multiple challenges face the real estate market… and Egypt is capable of attracting foreign investments
Eng. Tarek Shoukry: 20 million people work in real estate directly and indirectly… obstacles to the sector must be removed
Ahmed Abu Ria: The conference offers practical proposals to stimulate the “alternative market” and attract foreign funds and investors
The third edition of the “The Investor.. Real Estate” conference, organized by Black Diamond, a leading company in organizing conferences and exhibitions, in cooperation with the Real Estate Development Industry Chamber at the Federation of Egyptian Industries, will kick off on Monday, September 15, 2025, at Triumph Luxury Hotel in Fifth Settlement, East Cairo.
The conference, held under the slogan “The Future of Real Estate… Challenges, Solutions, and the Alternative Market”, aims to identify emerging challenges facing Egypt’s local real estate sector and develop solutions, as well as discuss mechanisms for regulating the real estate market and the real estate development profession, and finally present a comprehensive vision for the philosophy of real estate export and ways to attract both direct and indirect foreign investment.
Eng. Ahmed Sabour, Chairman of Al Ahly–Sabour and Secretary-General of The Investor conferences, stated that Egypt’s real estate market faces many new challenges requiring constructive dialogue with government authorities, particularly regarding land sale mechanisms, allocation processes, and construction regulations. This is essential to sustain urban development momentum and help the state achieve its targets in doubling the developed land area and generating annual real estate export revenues of around $3 billion.
He stressed that the real estate sector plays a pivotal role in supporting Egypt’s national economy, contributing about 20% of GDP. However, financing remains a major obstacle to development, as current requirements stipulate that a unit must be fully finished to qualify for financing—depriving buyers of better prices available during early construction phases.
Sabour also noted that foreign purchases of Egyptian real estate have seen a significant improvement, rising by 91% during the first nine months of the past fiscal year 2024/2025, reaching $1.6 billion compared to $840 million during the same period in 2023/2024. However, this still falls short of the state’s targets, which require more incentives for developers and the removal of barriers they face.
Similarly, Eng. Tarek Shoukry, Chairman of the Real Estate Development Chamber at the Federation of Egyptian Industries and Secretary-General of the third edition of The Investor.. Real Estate, emphasized that real estate is a driving force for development and employment in Egypt, directly employing between 5 and 5.5 million workers, in addition to 15 million indirect workers across more than 100 small and supporting industries.
He added that the conference comes at a crucial time for the industry, following recent developments in the sector. Its agenda covers urgent topics of interest, starting with land allocation mechanisms, reforming the philosophy of real estate financing, considering the property itself as collateral for banks alongside income, and finally, the export of real estate and the obstacles it faces.
Shoukry explained that the conference will also address regulatory tools for the real estate market, the latest updates on the Real Estate Developers Union Law, the issuance of unified property ID numbers for existing units, and the expansion of “fractional ownership” models that open new opportunities for small investors and help stimulate the property market.
For his part, journalist Ahmed Abu Ria, CEO of Black Diamond, said that The Investor.. Real Estate conferences have become among the most prominent real estate events in recent years, serving as a platform for dialogue between government officials, developers, and the banking and non-banking sectors, with the aim of reaching actionable recommendations to address various economic challenges.
He added that the conference goes beyond listing challenges and solutions—it actively aims to attract foreign capital for direct and indirect investment in Egypt’s real estate market, foster broad discussions on the obstacles to such investments, and showcase Egypt’s investment opportunities, especially with the state opening Downtown Cairo to both local and foreign investors. It also seeks to attract real estate funds to operate in Egypt, develop property market indices to aid pricing, and present insights on real estate export from competing markets and how Egypt can benefit from their experiences.
