The report, which focuses on the retail and office sectors, said that the retail market was naturally impacted by the global supply chain bottlenecks, import restrictions, local currency devaluation, widespread inflation, and spillover effects from the Russian-Ukrainian conflict.
COP 27 will build on COP 26 held in 2021 in Glasgow, UK with a deeper focus on the African continent. The conference in Egypt will ‘highlight some of the region’s main concerns on climate change including emission reduction, mitigation of the effects of climate change, and procuring climate funding to help developing countries’, specifically those in Africa which are most affected.
The report outlines all available projects along the coastline from Al Alamein to Marsa Matrouh, with a special focus on the five most up-and-coming cities on the coastline this year: New Alamein City, Sidi Abdelrahman, El Dabaa, Ras Al Hekma and Garawlah.
The company noted that real estate sector’s strong performance underpinned by resilient economy and strong demographics.