August 14, 2009

Obama speech and massive infrastructure investment set to boost real estate in Egypt

“US President Barack Obama’s speech in Cairo today along with massive infrastructure investment is set to put the spotlight on Egypt where the real estate market will benefit, it is claimed.” – Source: Property Wire

Egypt has maintained a relatively strong property market throughout the global recession and received a further boost in June when Barack Obama made a keynote speech there which highlighted the area to the world and may even push Americans to invest there.

With the recession forcing developers to think hard about their prices and a bright future looming, Egypt is currently looking like a great investment….

Posted by nikp @ 2:44 pm | Filed in Egypt Property Investment,Investment News | Comment now >> |

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