Beltone Foresees Optimized Real Estate Conditions in Egypt

Beltone Financial said on Wednesday it expects Egyptian real estate companies to continue growing in 2014, after interim president, Adly Mansour, issued a law restricting the right to contest state deals to the government or the involved institutes and business partners. 

The law aims to boost business environment in Egypt, as many state-land and business deals were revoked after they were taken to court by uninvolved parties, which harmed business confidence in Egypt.