Latest news with #UrbanDevelopmentandRealEstateExportCommittee
Middle East
04-05-2025
- Business
- Middle East
OPEN// PM says gov't working to ease real estate registration procedures
CAIRO, May 4 (MENA) - Prime Minister Mostafa Madbouli said the government is working to facilitate real estate registration procedures either for Egyptians or foreigners, urging property investors to promote Egyptian real estate products, particularly those in the North Coast. Madbouli made the remarks during his meeting on Sunday with members of the Urban Development and Real Estate Export Committee, in the presence of Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny. On their part, the committee's members said the North Coast is characterized by unique features that are unparalleled in the world, whether in terms of climate or lovely beaches. They underlined the necessity of easing procedures for issuing entry and exit visas for tourists, developing airports in the North Coast, as well as speeding up the approval process for the initial registration of real estate, especially for foreigners. They called for hiring a global company for marketing Egyptian real estate products that should be linked with obtaining residency and citizenship. (MENA) M R E/R E E
Daily News Egypt
23-04-2025
- Business
- Daily News Egypt
Ahmed Shalaby named among Middle East's Most Impactful Real Estate Leaders in 2025 by Forbes
Ahmed Shalaby, President and CEO of Tatweer Misr, has been ranked 64th on Forbes Middle East's prestigious list of the Most Impactful Real Estate Leaders in 2025—a recognition of his pivotal role in redefining Egypt's property landscape and advancing regional real estate development. As cofounder of Tatweer Misr, Shalaby has led the company since its inception in 2014, transforming it into one of Egypt's most dynamic developers. His leadership has driven the creation of iconic, forward-thinking communities, including IL Monte Galala in Ain Sokhna, Fouka Bay in Ras El Hekma, Bloomfields in Mostakbal City, and the D-Bay project on the North Coast. Each development exemplifies Shalaby's vision of luxury living infused with sustainable design, innovation, and long-term value. In addition to his executive role, Shalaby's influence extends to national policymaking and industry advocacy. In 2025, he was appointed to the Urban Development and Real Estate Export Committee by the Egyptian Cabinet, underscoring his role in shaping Egypt's urban future. He also serves as Chairman of the Egyptian Real Estate Council and Co-Chair of AmCham Egypt's Real Estate Committee, where he champions international cooperation and policy reform to enhance sector competitiveness. Shalaby's inclusion in the Forbes list highlights not only his strategic leadership and innovation but also his commitment to advancing Egypt's global standing in the real estate arena. His work continues to position Egypt as a key investment destination in the Middle East, underpinned by visionary development and a focus on long-term urban sustainability.
