Egyptian federation for real estate developers law bill underway – PM

Egypt’s long-awaited draft law to establish a federation for real estate developers is underway, the country’s Prime Minister Moustafa Madbouli said on Sunday.

The draft law aims to regulate real estate development and to produce a well-designed federation for real estate developers that cope with the international standards to help Egypt boost its real estate exports, Madoubli said at the Builders of Egypt Forum, taking place in Cairo.