New bill to legalize private real estate publicity offices in Egypt

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Fri, 17 Aug 2018 - 11:00 GMT

BY

Fri, 17 Aug 2018 - 11:00 GMT

Egyptian parliament - press photo

Egyptian parliament - press photo

CAIRO – 18 August 2018: MP Samir al-Batikhi, head of the Youth and Sports Committee in parliament, announced the completion of a bill allowing the private sector to open real estate publicity offices to ease the burden on public offices and provide new job opportunities.

Al-Batikhi explained that the bill is based on allowing private entities to set up real estate publicity offices, saving effort and time, stressing that with the approval of the bill, the pressure on the courts will be greatly reduced.

As for those who will be eligible to provide the service, he confirmed that the ministry of justice is responsible for the development of the executive regulations of the service and personnel to provide it.

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