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Tuesday, 3 May 2016

Holiday home sales to grow up to 40% this year -Abraj Misr

The EGP’s devaluation will be a catalyst for growth in real estate investment in Egypt going forward, with vacation sales expected to grow 30-40% this year due to spurred demand from locals and Arabs, DNE quotes commercial director of Abraj Misr Tarek Bahaa as saying. The company is developing its Shore project over 180 feddans in Ras El Hekma Bay along 186 km of the Alexandria-Marsa Matrouh desert road, according to Bahaa. (Read)

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