Property Finder Egypt has signed a cooperation protocol with the General Organization for Export and Import Control (GOEIC) to support the licensing and qualification of real estate brokers, ahead of the July 2026 deadline for compliance with Law No. 21 of 2022, which regulates commercial agency and real estate brokerage activities.
The law requires all real estate brokers to obtain government-issued licenses in order to continue practicing the profession.
Under the agreement, Property Finder Egypt will cooperate with GOEIC to deliver training and qualification programs designed to help brokers meet the licensing requirements.
Essam El Naggar, Chairperson of GOEIC, said the partnership supports the authority’s efforts to implement the regulatory framework through cooperation with the private sector. He noted that accredited training programs are expected to improve professional standards, strengthen market efficiency, and protect the rights of market participants.
Cherif Sleiman, Chief Revenue Officer at Property Finder Group, said the agreement represents a step toward a more regulated real estate market by promoting professional standards and transparency. He added that the initiative aims to support compliance with the new licensing framework.
Nervein Magdy, Managing Director of Property Finder Egypt, said the company will work with brokers throughout the licensing process and support compliance with the new regulatory requirements.
For his part, Amr Hussein, Legal Advisor at GOEIC for Legal and Anti-Money Laundering Affairs, said the mandatory training program covers the legal framework governing real estate brokerage, professional ethics, contract drafting, and the responsibilities of brokers in preventing money laundering and terrorism financing, in addition to practical skills required for the profession.
The protocol comes as Egypt moves to formalize its real estate brokerage sector through mandatory licensing, with the objective of improving professional qualifications, strengthening regulatory oversight, and increasing transparency in the property market.
