Photo: AFP/Ahmed Gomaa
Eurasia
04/12/2023 08:59
Most of the experts participating in a roundtable entitled "The Role of Government Incentives in Attracting Profitable Real Estate Investment Opportunities", in cooperation with the Egyptian Businessmen Association, and organized by Investgate, agreed to find a mechanism for sales outside Egypt in foreign currency, whether for Egyptians abroad or foreigners, and to issue legislation regulating real estate sector dealers as in force in Dubai. While facilitating coordination between private companies and the government in the field of Egyptian nationality for the property buyer.
The participants also recommended the importance of "having a mechanism that allows refugees residing in Egypt to buy real estate in foreign currency, facilitate the procedures regulating the increase in the number of companies listed on the stock exchange, and offer shares to increase capital. With the speed of work on activating the real estate stock exchange and real estate investment funds, banks provide a mechanism that allows financing for the foreign customer. And the search for new markets for real estate investment, such as: the Russian market and African markets."
The number of Russian billionaires has reached a new all-time high, and so has their combined wealth, Russian state news agency TASS reported, referring to the latest rankings from Forbes .
Hungarian wines have a significant opportunity to break into the Asian market, and for this reason, wine marketing in the region has received particular focus. We spoke with Pál Rókusfalvy, who has been Hungary’s government commissioner responsible for national wine marketing for over two years, to learn about the progress made so far and what the future holds for Hungarian winemakers in Asia.
In recent years, Hungarian agricultural companies have implemented numerous successful projects in Central Asia, strengthening their economic ties with the region. However, operating in this area presents significant challenges.