As the prices of gold and silver see major fluctuations, El Hekaya’s Amr Adib gave his viewers some investment advice: “do nothing.” He also warned his viewers against making ill-considered investment decisions this year.

What about those looking to invest in real estate? Adib hinted at a period of stagnation in the local real estate market. He spoke to Talaat Moustafa Group chairman Hisham Talaat Moustafa, who pushed back against any suggestion that real estate prices could decline.

Moustafa stressed that Egypt’s real estate market is fundamentally cost driven, and the price of land, steel, cement, and labor all on the rise — a view that echoed what we heard from multiple developers during last week’s AmCham real estate conference. Moustafa argued that this dynamic automatically underpins the value of existing fully finished units, particularly in a market supported by strong demographic demand.

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