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Doesn't look like it Peter. My lies and bullsh** from the leaders. Maybe the next parliament elections will bring us fresh hope.

I agree entirely Neil. However it would only work if there would be supervisors or an ombudsman with any sort of body you propose. Egypt would not approved, they are too stubborn. Every coin has two sides. Everyone has two eyes, ears and vital organs. In property sales there are agents and...

There has never been an Egyptian Government mandate to reform this crooked industry Peter. Even now, an elected President is still part of what is called the "Deep State" which no doubt will resemble the old NDP regime in manner and corruption BECAUSE there is no body of opposition or even a...

All too often Peter the authorities have created a platform for international bodies to share opinions, explain the state of the market and offer support, only for these conferences and seminars to be hijacked by marketers with ulterior agendas. Projects are either halted mid-way by legal issues...

You may be correct, but the rules are too grey for anyone to believe are legal. My point is that the Residential Authority needs to communicate with the overseas market professionals before they repeat the same errors. We tried to create an international body some years back. The first...

If officials never listen to public opinion, what good would promoters do in any discussions? All they ever want is to promote, never fix. John.

With all the effort gone into getting this forum back online you would have thought more property speculators would join and comment. It seems obvious now that western investors have learned some hard lessons from Egypt and are either staying away or investing elsewhere. Marketing companies...

How long do you expect the teeth to grow before they bite?

This week marks the next chapter of Egyptian leadership. With the country polarised by previous authoritarian and religious sectors of society, will another military President be the answer to the country's revival? John.

In 20011 this development stalled while 596 investors were left high and dry with nothing to show for their money. In 2013 an action group was created in both Egypt and Holland where the parent company reside. If the admin allow we would like to keep people informed of procedures Today...

I have to ask Neil, how would you know an honest developer? A reliable agent or even a trustworthy Egyptian lawyer after all that has gone down before? After all the corruption that has been exposed over the last six years there are only a few left to give us answers. Who would you put your...

Precisely Steve. Projects like these will be left on the market while ever agents think they can fleece more fees. But there are some agents and legal professionals who are following up claims and refunds for their customers rather than running away from responsibilities. Those who were...

One of the biggest scandals in Egypt right now Steve is the Marsa Alam Beach Resort project with its sister development in Zafarana, marketed by IPI - El Sery with £45 million of investor money having gone astray by a Dutch Group supposedly guaranteeing bank transfers through an escrow account...

Sharks It is not the sharks that cause the troubles, it's the system we operate in that is deeply flawed. Yes the market was successful prior to the economic crash of 2007 but the mechanism to prevent it from collapse again still needs to be addressed at political level. It is officialdom...

Buy a finished property is my advice. Firstly like Neil states it could have all the paperwork and possible to get its green certificate. If investors want Egypt, research is the key. However, developments Off-Plan could be years in completion, Choose one that is near to habitation and be aware...

What is the nature of these forums? Not only is it about what project diligence to trust, but who to trust. Over the years speculators saw Egypt as a quick profit making destination with flights and buy-to-let options that were too good to miss especially with all the credit and cash flying...

Typical hype more like. Without security from law and order imposed by an elected government of the majority, why would anyone take the risk?

More than this Peter, any developer now must have his own capital and not rely on sales. For too long land has been acquired yet not actually paid for. Licences obtained yet no guarantee the buildings will be constructed within regulations and time-scales. Too much has been concerned...

reply The property market needs three things....... Honesty, Integrity and Transparency. Without any, they will never regain trust.

Royal Beach Resort Out of all the developments that struggled through the last 5 years of turmoil and economic troubles, this project survived. Congratulations in their commitments. Now we hope to secure everyone's' investments more permanently with proper registrations.