The real estate sector will prosper by 2020 following the implementation of 14 new cities in Egypt which are worth about EGP 388bn, the Minister of Housing, Utilities and Urban Communities, Assem El-Gazzar, said on Monday at the fifth real estate summit that was organised by the American Chamber of Commerce in Egypt (AmCham Egypt), entitled ‘Scaling up: Egypt’s Real Estate Industry.’ © 2019 Daily News Egypt. read more.