Equity Analysis /
Egypt

Egypt Real Estate 2022: Macro supportive, but operational challenges ahead

  • Macro backdrop is supportive of real estate, but operational hurdles lie ahead.

  • Potential regulation is positive for the sector and will differentiate between solid developers and inexperienced ones.

  • ORHD and TMGH are our sector top picks.

Al Ahly Pharos Securities Brokerage
25 November 2021