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Individuals Can No Longer Buy Land in Egypt's Newest Cities

Egypt will no longer allow land to be sold to individual property owners in any of its new cities.

Date
24/05/2021 15:00

As a result of a presidential directive, Egypt will no longer allow land to be sold to individual property owners in any of its new cities. Instead, all land sales will only be available to real estate development companies and state institutions.


No details regarding the duration of this decision have been released.


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