Leading regional and international companies are showcasing their latest large-scale and high-valued projects in Egypt, including “The New Capital of Egypt” and the “New El Alamein City” at a key property show in Dubai, UAE.

 

The Egypt Property Show (EPS) is a premier exhibition for regional and global investors to explore promising real estate opportunities in the top Arab nation and the rest of the region as well as network with their like-minded peers for possible regional and global co-operation, said the organisers. 

 

It was opened by Sultan Butti Bin Mejren, the director general of Dubai Land Department, yesterday (May 5) in the presence of Dr Mustafa Madbouli, Minister of Housing, and other officials at the Dubai World Trade Centre. 

 

The event, which concludes tomorrow (May 7), is particularly designed to bring the Egyptian real estate market closer to the global stage, paving the way for local property developers to showcase opportunities in the country, gain strong brand exposure, globally promote their products and turnkey solutions, and attract potential buyers at the regional and global levels, said the organisers. 

 

During the one-stop-shop event, visitors will be able to link with the Egyptian real estate market’s top developers and discover promising local prospects, while potentially gaining valuable insights on what investment will offer the best return on investments (ROIs). 

 

Additionally, visitors will have access to special offers and terms provided by the exhibitors exclusively for the exhibition, he stated. 

 

Hisham Lotfi, the chairman of Al Ahram Establishments, said: "Dubai is an excellent starting point for the 2017 EPS, with the emirate’s outstanding reputation in hosting global events and key international activities. It is also the ideal place to promote Egypt, its beauty, and growth potential given its global reach."

 

:"During the course of the exhibition, both visitors and exhibitors will be exposed to an array of learning and networking opportunities, in addition to generation of new leads that will help propel their success," noted Lotfi. 

 

The New El Alamein City and The New Capital of Egypt projects will be among the event’s highlights. The New Capital of Egypt, which will rise 45 km east of Cairo, will become the new administrative and financial capital of Egypt, housing the main government departments and ministries, as well as foreign embassies. 

 

The New Al Alamein City, on the other hand, will be part of a downtown area and is being touted as the country’s next tourist spot. Around $59.6 billion have been allocated for the project. 

 

Wahid Attallah, CEO of Spectrum Consultants, said: "We launched the 2017 EPS in Dubai because of its renowned global reputation and a large expatriate base with high disposable income."

 

"Property buyers in the UAE are continuously seeking high-potential markets such as Egypt where their investments are safe and which offer considerable ROIs. This event is a chance for us to showcase what our country has to offer.”  

 

The EPS is the first premier Egyptian real estate show organized by Tawasol in cooperation with Al Ahram Advertising Agency. 

 

From Dubai, the show will be brought to Kuwait, the UK, and the US. With its rich history and culture and famous tourist sites, Egypt attracts a number of overseas investors who are looking to invest in markets with high growth potential at reasonable prices.-TradeArabia News Service