May 5, 2017: H.E Sultan Butti bin Mijrin, Director General of Dubai Land Department, and in the presence of H.E. Dr. Mustafa Madbouli, Minister of Housing, inaugurated the 2017 Egypt Property Show (EPS) today (Friday, May 5, 2017) in Dubai World Trade Centre, with a total of xx regional and international companies participating in the event to showcase their latest large-scale and high-valued projects in Egypt, including “The New Capital of Egypt” and the “New El Alamein City”. Running until May 7, 2017 at the Dubai World Trade Centre, the premier exhibition is an ideal venue for regional and global investors to explore promising real estate opportunities in Egypt and the rest of the region as well as network with their like-minded peers for possible regional and global cooperation.
EPS 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.
During the three-day, 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.
Hisham Lotfi, 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. Dubai 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.”
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 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 kilometers 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 USD 59.6 billion have been allocated for the project.
The Egypt Property Show is the first premier Egyptian real estate show organized by Tawasol LLC in cooperation with AI-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.