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Cityscape Egypt brought together 23 government officials, real estate developers, investors and industry experts at a high-level forum to examine the challenges facing the Egyptian property market and explore opportunities to strengthen its growth and investment appeal.

The forum aimed to align the perspectives of key industry stakeholders, encourage cooperation between the public and private sectors, and translate discussions into practical recommendations that support market stability and attract regional investment.

A high-level panel discussion was moderated by Eng. Fathallah Fawzy, Chairman of MENA for Consultancy and Real Estate Development, with the participation of Dr. Ahmed Emara, Vice Chairman of the New Urban Communities Authority for Real Estate and Commercial Affairs, alongside prominent government and business leaders.

Leading Developers and Investors Discuss Market Priorities

Participants included Dr. Abdel Khaleq Ibrahim, Member of Parliament and CEO of Nevera Egypt; Ayman Amer, General Manager of SODIC; Eng. Ahmed Demerdash Badrawi, Vice Chairman and CEO of Marakez; and Eng. Ibrahim El-Masry, CEO of Somabay Group.

The panel also featured Eng. Hazem Helal, CEO of Orascom Development Real Estate; Haitham Abdelazim, CEO of Ora Developers Egypt; Eng. Tamer Nasser, CEO of City Edge Developments; Eng. Nabil Amasha, CEO of People & Places; and Eng. Ahmed Ehab, CEO of Madaar.

Other participants included Walid Zaki, Founder and CEO of PRE Group; Eng. Walid Mokhtar, CEO of IWAN Developments; and Eng. Ahmed Aref, CEO of IMKAN Egypt.

Cityscape Highlights the Need for Industry-Wide Dialogue

Vauter Moulman, Chief Commercial Officer at inD for the Middle East, India, Türkiye and Africa, said the rapid transformation of the real estate sector globally and regionally makes platforms that connect industry leaders and decision-makers increasingly important.

He explained that discussions focused on key market priorities, including cost efficiency, diversified financing sources and improved business practices to strengthen competitiveness and support sustainable growth. He added that the insights gathered would help shape Cityscape Egypt 2027.

Positioning Egypt as an Attractive Investment Destination

Dr. Abdel Khaleq Ibrahim stressed that the next phase of Egypt’s real estate market requires promoting the country itself as a secure and attractive investment destination, rather than focusing exclusively on marketing individual properties.

He noted that successful international promotion must extend beyond highlighting project quality and investment opportunities to include the regulatory framework, procedures and guarantees that give foreign investors confidence in entering the market and maintaining long-term investments.

Public-Private Cooperation to Support Market Growth

Ayman Amer highlighted the importance of the forum as an opportunity to exchange perspectives on the future of Egypt’s real estate sector. He emphasized that current market developments offer significant opportunities that can be unlocked through effective cooperation between government entities and private-sector companies.

Dr. Ahmed Emara added that the New Urban Communities Authority is working closely with relevant stakeholders to improve market regulation, attract investment and maintain confidence in the sector. He also pointed out that most developers operating in new cities continue to demonstrate the ability to deliver their projects despite existing challenges.

Delivery Commitments and Financing at the Core of Market Confidence

Eng. Ibrahim El-Masry said the forum provided an important platform to discuss the economic, geopolitical and regulatory developments shaping the property market and develop practical recommendations to improve the investment environment.

He explained that Somabay’s development strategy focuses on creating integrated communities combining residential offerings, hospitality, services and diverse lifestyle experiences. He also highlighted the role of healthy competition in encouraging innovation and raising quality standards across the sector.

Eng. Hazem Helal emphasized that trust is a defining factor for real estate developers and is built through meeting delivery deadlines, maintaining investment in after-sales services and improving the customer experience.

Meanwhile, Haitham Abdelazim stressed that the strength of the real estate market should not be measured by sales figures alone, but also by developers’ ability to execute and deliver projects according to clear timelines while securing sustainable financing.

He added that greater regulatory transparency, clear project progress disclosures and diversified funding sources are essential to strengthening customer and investor confidence. Ora Developers Egypt, he noted, continues to prioritize project execution and unit delivery.

Recommendations for a More Stable Real Estate Market

Eng. Fathallah Fawzy, Vice Chairman of the Egyptian Businessmen’s Association and Chairman of its Real Estate Development and Contracting Committee, said the current phase requires stronger coordination among industry stakeholders amid economic, financing and purchasing-power challenges.

He emphasized that sustainable solutions depend on balancing developers’ interests with customer needs, while improving financing mechanisms and strengthening market confidence to support stability and attract further investment.

The forum concluded by highlighting the importance of continued dialogue between government representatives, developers and investors. The discussions and recommendations are expected to contribute to shaping Cityscape Egypt 2027 and ensuring that the event remains aligned with the sector’s evolving priorities and market needs.