The Egypt real estate market is growing and its investment returns are among the best in the world, property developers and executives told Khaleej Times. In 9M2017, Egypt’s real estate sector grew by 43% y-o-y, compared to a compound annual growth rate of 31% between 2013 to 2016, former investment minister and ARCO Development chairman Ashraf Salman says. “The real estate sector accounted for 15% of the total investment in the Egyptian economy in 2017, contributing 10% to the country's overall gross domestic product,” Salman added.
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