#real estate
Egypt’s housing market braces for a surge, as the US-Israeli war on Iran drives developers to project price increases of up to 20 percent, threatening buyers with higher costs and delayed deliveries in an already fragile real estate sector, according to a report by AlArabiya. Several Egyptian property developers, according to Al Arabiya, reported that they expect prices to rise by as much as 20 percent in the coming months, driven by economic and geopolitical factors. Reduced natural gas subsidies,…