Traditional merchant talk from billionaire Naguib Sawiris; he pulls the fire towards himself even if others perish, including the state and the people who made him rich.
The government alone has the “freedom” to set regulations for the real estate sector, and no one can prevent it
Real estate is important, but it remains one of the pillars of production factors in the economic cycle alongside ideas, management, and human resources, and should not overshadow them
Urban expansion isn't just about building government residential care cities; it should be organic and continuous. What's happening in Kuwait has nothing to do with urban expansion.
We expect that the new Real Estate Developer law will not achieve the planned transformation for a simple reason; people will reject remote project areas. Those who accept them are either desperate or deceiving themselves that it's suitable (because they're desperate). So what's the point?
