Egypt’s property market faces renewed push for mandatory escrow accounts

As Egypt moves to strengthen regulation of its real estate sector through the implementation of the Real Estate Brokerage Law, attention is increasingly shifting to another longstanding gap in the market: the absence of mandatory escrow accounts to safeguard homebuyers’ payments. The debate has gained momentum after Ahmed Fayed, a member of parliament, submitted a […] The post Egypt’s property market faces renewed push for mandatory escrow accounts first appeared on Dailynewsegypt.