Egyptians’ cumulative investment hits AED17 bln in Dubai real estates

The volume of Egyptian investors’ cumulative investment reached around AED17 billion, equivalent to 81.5 billion Egyptian pounds or US$4.6 billion, in Dubai’s real estates during the last few years.

Majid Al-Marri, Senior Director Real Estate Promotion Department at Real Estate Investment Management and Promotion Centre in Dubai, said Thursday that Egypt and Dubai have achieved a higher level in the field of construction and urban development.