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2008 News

November

Real Estate In The Balance
Al Ahram Weekly
Thursday, 27 November, 2008

Looking to capitalise on the current economic conditions to buy a house at a bargain price? You are in for a disappointment: prices are not set to come down, at least by no more than 10 to 15 per cent. "We are in a culture which loves fixed asset acquisitions," Hala Bassiouni, CEO of the Egyptian Housing Finance company (EHFC) told Al-Ahram Weekly.
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Real Estate Insiders Say Egypt’s Market May See ‘Readjustment’
Dailystaregypt.com
Sunday, 23 November, 2008

CAIRO: Global financial turmoil may be painful for the Egyptian economy, but top real estate executives as well as researchers said on Sunday it could also weed out property and bourse speculators looking for quick cash and help curb spiraling prices.
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Egypt 'Offers Investment Potential'
Propertyshowrooms.com
Wednesday, 19 November, 2008

Egypt has been identified as a market that could have potential for property investment during 2009.
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Living in an Uptown World
The National
Sunday, 9 November, 2008

CAIRO // Few drives match the scenic value of a trip to Uptown Cairo, Emaar Properties’s multibillion-dollar hilltop development overlooking the Egyptian capital.
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