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Housing Ministry Plans Full Digital Transformation for Real Estate

Cairo: Minister of Housing, Utilities and Urban Communities Sherif El Sherbiny held a meeting with Egypt Real Estate Platform representative Ahmed El Batrawy to explore cooperation opportunities for digital transformation in the real estate sector.According to State Information Service Egypt, the meeting included officials from the ministry and the New Urban Communities Authority. El Sherbiny highlighted the strong coordination between the ministry and the platform, particularly in providing data for 400,000 housing units included in the latest offering. He stated that a database of all units completed in new cities would be made available on the platform in a second phase and that cooperation would follow a set roadmap to establish a fully integrated real estate database for Egypt.The minister outlined the goal of digitising all manual transactions currently handled by new city authorities and ministry bodies, aiming for full digital transformation of all dealings with housing units in the near future. D uring the meeting, El Sherbiny received a detailed presentation on the platform's operational mechanism, global examples of similar platforms, and the expected impact on Egypt's real estate sector.El Sherbiny expressed the ministry's full support for the Egypt Real Estate Platform to regulate and govern the real estate system. He also emphasized the development of new strategies to attract and encourage foreign investment in Egypt, whether through promoting real estate exports or marketing domestically.

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