Madbouly reviews progress on real estate export platform
In attendance were Minister of Communications and Information Technology Amr Talaat, Minister of Justice Adnan Al-Fangari, Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny, along with other senior officials.
At the outset, Madbouly emphasized the government's commitment to advancing the real estate export agenda, describing it as a strategic national priority. He noted that efforts are underway to simplify property acquisition procedures for foreign buyers and streamline the real estate registration process.
He further highlighted the government's recent policy incentives and ongoing promotional campaigns through Egyptian embassies and consulates worldwide to attract international investment in the sector.
According to Cabinet Spokesperson Mohamed Al-Homsany, the meeting reviewed the progress of the digital real estate export platform, including operational mechanisms and inter-agency coordination. The discussion also covered several technical and regulatory elements essential to the platform's launch.
Al-Homsany noted that the Ministry of Communications has completed the issuance of Property ID numbers for over 18 million housing units—an important step toward digitalizing the sector.
The Ministry of Justice also presented a detailed framework for the issuance of the 'Establishment and Validity Certificate' for real estate transactions involving sold units.
Additionally, the meeting reviewed the eligibility criteria for real estate developers seeking to list and sell properties through the platform, as well as a range of procedures currently being finalized in coordination with relevant authorities.
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