Mohamed El-Haj: Egypt Real Estate Market Poised for Long-Term Growth and Foreign Investment

Egypt’s real estate market continues to demonstrate strong fundamentals and long-term investment potential despite ongoing debate surrounding property prices.

Senior developers and industry leaders discussed these trends during the fifth edition of The Investor conference in Cairo. During a high-level session titled “Real Estate as a Gateway for Investment and International Promotion,” Mohamed El-Haj, CEO of Palmier Developments, discussed the market outlook.

El-Haj said current market dynamics continue supporting sustainable growth across Egypt’s property sector. He explained that real estate pricing depends on several economic variables, including land valuation, construction material costs, and currency fluctuations.

In addition, energy prices and operating expenses continue shaping market valuations and development activity.

Rising Demand for Stable Investment Destinations

Industry leaders highlighted Egypt’s strategic position within the regional real estate market. They also described Egypt as one of the region’s most attractive investment destinations.

This position is supported by large-scale infrastructure development and ongoing urban expansion. Furthermore, Egypt continues offering a relatively stable operating environment despite regional volatility.

El-Haj emphasized that investors increasingly view Egyptian real estate as a secure long-term asset class. As a result, investors expect sustainable returns and long-term value preservation.

He also noted that continued infrastructure investment strengthens Egypt’s competitiveness. Consequently, the country continues attracting both regional and international capital.

Focus Shifts Toward Exporting Real Estate Investment

Participants stressed the importance of advancing Egypt’s real estate export strategy. Specifically, they called for moving beyond traditional unit sales.

They also encouraged attracting institutional and long-term foreign investment into the sector. According to speakers, increasing foreign participation would expand economic activity and support job creation across related industries.

The discussion also addressed opportunities to improve Egypt’s international property marketing efforts. Likewise, speakers highlighted the importance of improving investor accessibility.

Participants also emphasized Egypt’s competitive advantages, including security, connectivity, and large-scale development opportunities.

Senior Industry Leaders Participate

Black Diamond Conferences and Exhibitions organized the conference in cooperation with the Real Estate Development Chamber at the Federation of Egyptian Industries.

The conference carried the theme “Egyptian Real Estate: A Global Inspiration and Gateway to Investment.”

Sherif Mostafa, CEO of IGI Developments, moderated the session. The discussion featured participation from Tarek Shoukry, Chairman of the Economic Committee at Egypt’s House of Representatives and Chairman of the Real Estate Development Chamber.

The session also included Abdel Khalek Ibrahim, Member of Parliament, and Amr Sultan, CEO of LMD Developments.

In addition, Ahmed El Adawy, CEO of Inertia Egypt, Ahmed Mansour, CEO of Cred Developments, and Bahaa Salem, Chairman of Salem Holding, participated in the discussion.