Financial inclusion, digital payments unlock new opportunities for Egypt’s real estate sector

Daily News Egypt
3 Min Read
Ahmed El Sayed, Chairperson of Golden View Developments

Egypt’s real estate market has the potential to evolve from a strong domestic sector into an exportable investment product amid global geopolitical and economic shifts, according to Ahmed El Sayed, Chairperson of Golden View Developments.

El Sayed noted that international investors increasingly prioritize stability, security, and resilience alongside returns, adding that Egypt benefits from strategic geographic positioning, urban expansion, infrastructure development, and growth in tourism, services, and financial technology.

He emphasized that the real estate sector has expanded beyond construction and sales into a broader industry encompassing financing, operations, management, technology, contracting, and building materials. The sector contributes around 20% of Egypt’s GDP, he said.

El Sayed argued that efforts to export Egyptian real estate should move beyond traditional exhibitions and marketing campaigns, positioning the sector as part of a wider economic framework supported by technology and data systems. He highlighted Egypt’s real estate portfolio, estimated at $200bn, as a resource that could be marketed internationally.

He also pointed to the growing role of PropTech, digital platforms, organized databases, and electronic payment systems in improving accessibility for investors and buyers. Technology is increasingly integrated into projects through smart buildings, artificial intelligence, Internet of Things applications, and energy management solutions.

Financial inclusion has expanded significantly, reaching 77.6% in 2025, equivalent to 54.7 million citizens with active financial accounts. El Sayed said this supports more advanced booking, payment, and financing models in real estate.

Tourism remains a key driver of demand, with Egypt welcoming 19 million tourists in 2025 and targeting 30 million annually in the coming years, fueling demand for hotels, serviced residences, and mixed-use developments.

Regarding company projects, El Sayed said Golden View Developments is advancing Golden Hub and TO-GTHER in New Cairo’s South Academy area. Golden Hub is a commercial, administrative, and medical complex supported by consulting and operating firms including Hafez Consultant (architectural design), Bakhoum Muharram (engineering supervision), Orange (technology services), and Regus (office space management).

The TO-GTHER project will feature a Hilton Garden Inn hotel, serviced units managed by BirdNest, office spaces operated by Regus, and retail areas supported by digital infrastructure and smart systems.

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