This decision comes amid declining company sales and financial pressures, alongside governmental moves to regulate the sector through a new law establishing the Egyptian Real Estate Developers Union. The Central Bank of Egypt has requested banks to inventory loans and facilities granted to real estate projects.
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Some banks have started reassessing their credit decisions towards real estate developers, especially as they await the results of the troubled project inventory.
Shary's take: what it means for buyers and investors
This delay in financing may slow down the execution of new real estate projects, potentially negatively impacting supply in the market and increasing pressure on prices in the near future.
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published 12 October 2026
