Naguib Sawiris Says Egypt's Developers Are Shrinking Home Sizes as Inflation Squeezes Buyers Out of the Market
Billionaires Africa | 03.03.2026 04:00
Naguib Sawiris is not mincing words about where Egypt's property market is headed. The billionaire chairman and CEO of Ora Developer says the country's real estate industry is now shrinking the size of homes it builds, a direct response to an affordability crisis that has steadily tightened its grip on Egyptian buyers over the past two years.
