Engineer Sherif El-Sherbiny, Egypt’s Minister of Housing, Utilities, and Urban Communities, convened a key meeting on July 21 to discuss the latest progress on two innovative platforms designed to regulate the country’s real estate market and boost the export of Egyptian property.
The meeting brought together officials from the Ministries of Housing, Communications, Justice, and the New Urban Communities Authority, alongside representatives of the Egypt Real Estate Platform, signaling a unified government effort to modernize and streamline the sector.
Minister El-Sherbiny opened the session by highlighting recent advancements in governance and digital transformation within the real estate market. “The Ministry of Housing prioritizes regulating the Egyptian real estate market due to its critical importance,” he said, emphasizing the close cooperation with the Ministry of Communications and other relevant authorities.
The discussion focused on the Ministry’s vision for establishing two dedicated platforms: one to regulate the real estate market and another to promote Egyptian real estate exports. These platforms will include comprehensive evaluation criteria for developers and real estate brokers, with a registration and licensing system designed to enhance market transparency and professionalism.
“The Egypt Real Estate Platform will serve as an umbrella for these initiatives,” El-Sherbiny explained. “It will integrate various measures to regulate the market, promote and export Egyptian real estate, and provide a complete inventory of available units across the country.”
A major highlight of the meeting was the plan to facilitate client access through a single digital window, allowing users to browse and transact with ease. The platforms are set to support multiple languages and currencies, comply with international documentation standards, and ensure secure transactions—all geared toward protecting stakeholders’ rights and encouraging real estate investment.
Details were also shared regarding the governance framework of the platforms, including infrastructure readiness, secure unit exchange protocols, and general transfer procedures, positioning Egypt as a competitive player in the global real estate market.
This digital leap forward aims to foster transparency, boost investor confidence, and create a more accessible, regulated real estate ecosystem in Egypt.
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