International companies have been allocated several pieces of land for purchase using hard currency after the cabinet and New Urban Communities Authority (NUCA) approved the sale recently.

This is in line with the government’s efforts to attract foreign currency amid an FX shortage that has impacted several sectors.

For more information, please see https://www.egypttoday.com/Article/3/129586/Cabinet-approves-sale-of-land-in-USD-to-foreign-companies