The Dubai Land Department (DLD) will participate in the upcoming International Property Show (IPS) in Cairo, in the period from 10 to 13 January, under the auspices and presence of Prime Minister Mostafa Madbouly.
Also, the DLD will participate in IPS Jeddah, Saudi Arabia, which will kick off on 17 January and will last for four days.
Majida Ali Rashid, assistant director general of DLD, said that the participation of the DLD in the two editions of the IPS in Cairo and Jeddah aims at promoting Dubai to be a destination for real estate development as well as an investment hub.
Rashid noted that the DLD is interested in stimulating real estate projects in Dubai, noting that the IPS provides promotional opportunities for the developers participating in the show, and facilitates the communication with customers from Saudi Arabia and Egypt.
She pointed out that the UAE and Egypt’s investors have an advanced database of the most popular investment in real estate in Dubai, adding that the DLD is keen on interacting with the IPS visitors in order to explain the services provided to investors, and to showcase the financing solutions, facilities, and incentives granted by the government in Dubai.
Dawood Al Shezawi, CEO of Strategic Marketing and Exhibitions, the company organising the IPS, said that the major reasons behind organising the IPS for the first time in Egypt are the strong relations between the UAE and Egypt, the promising investment opportunities in the Egyptian real estate market, and the keenness of officials in Egypt to support real estate export.
Al Shezawi stressed that the state’s major development projects will bring about a great economic revival to improve the living standards of Egyptian citizens.
He pointed out that the New Administrative Capital project is considered a new cultural renaissance by all standards.
Furthermore, he elaborated that Egypt’s real estate sector is the engine behind the development of the economy, and is considered the most attractive investment in the Arab region and the Middle East, given the availability of all the opportunities and potentials that companies need.