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Interest rate cut positive decision will have an impact on the recovery of the sector and increase demand for buying

Hisham Talaat Moustafa, director of Talaat Moustafa Holding cluster, told Reuters on Sunday that cutting interest rates in Egypt would facilitate revive the $64000 estate sector and increase demand for getting.

hisham talaat moustafa

Egypt’s financial organisation cut its key interest rates by one hundred fifty basis points on weekday for the primary time since Feb. The long deposit rate fell to fourteen.25% from fifteen.75% and therefore thelongdisposal rate to fifteen.25% from sixteen.75%.

« The rate cut may be a positive callwhich will have a sway on the recovery of the world and increase demand for purchases, » aforementioned Moustafa.

« Interest rate cuts square measure tempting investors into monetary instruments to maneuver into the $64000 estate market. »

Many assets developers in Egypt have suffered from the delay in demand for luxury housing units recently, that has diodecorporationsto plan new promotingwayslike increasing the reimbursement periods to between ten and fifteen years, among others.

While variety|the amount|the quantity} of contracts and sales of an oversized number of sector corporations declined, Hisham Talaat Moustafa Group’s contracts amounted to twenty one.3 billion pounds ($ one.29 billion) in 2018 compared to thirteen.1 billion pounds in 2017. The cluster targets contracts pricetwenty four billion pounds in 2019.

The company’s most distinguishedcomes in Cairo square measure Rehab town and Madinaty East Cairo project, thatis constructed on a neighborhood of 8,000 acres.

Hisham Talaat Moustafa Sponsor of the Tokyo Olympics 2020

Today, Monday, Dr. Ashraf Sobhi, Minister of Youth and Sports, Hisham Talaat Moustafa, CEO and director of Talaat Mostafa Holding Group, witnessed the signing of a memorandum of understanding to sponsor variety of players of the national teams for the 2020 Tokyo Olympics.

hisham talaat moustafa sponsor  for the 2020 Tokyo Olympics
hisham talaat moustafa witnessed the signing of a memorandum of understanding to sponsor a number of players of the national teams for the 2020 Tokyo Olympics
Hisham Talaat Moustafa's plan to sponsor the 2020 Olympics champions
Hisham Talaat Moustafa, Minister of Youth and Sports

Join the password: Hisham Talaat Moustafa, the best real estate developer during 2019

Whoever searches for a housing unit and chooses one of the names with confidence and good reputation has won not only a unit at the highest level, but also won after-sales services and respect for the privacy of his residence and other features that did not come from a vacuum but behind them years of experience and continuous work.

In this regard, Hisham Talaat Moustafa Real Estate Group came as the best real estate developer during 2019 as it is the most reliable company for customers thanks to the giant projects it offers and excellent after-sales services.

Hisham Talaat Moustafa, the best real estate developer in 2019
This did not come from a vacuum but rather local and international acclaim for the purchase of units for various economic and social groups, including, for example, not limited to, the research department in Beltone Financial Holding Company expected a positive impact of the initiative of the 50 billion pounds for the central bank and the Egyptian government, to finance buyers of housing units for middle-income interest at 10 Percent, in installments over 20 years.

And the decision to buy a new housing unit is not an easy decision for a large number of clients, as it is one of the decisions behind many reasons, data and circumstances, and always the case for any buyer. How do I put my money in a housing unit that provides me psychological and social satisfaction and at the same time becomes an investment container that increases its value With time ?

And the decision to purchase has become increasingly difficult for customers, especially with the sudden spread of the number of companies operating in the real estate sector, especially during the past two years, which is a hypothesis imposed by the conditions of the Egyptian real estate market as a promising market continuously promised, and this was helped by the presence of the new administrative capital and opening up in different regions, especially the North Coast and Ain Sokhna And more.

Experts always advise dealing with real estate companies listed on the stock exchange, in this case they operate under a clear and reliable umbrella, and the client can get to know their financial situation easily, including companies such as Hisham Talaat Mustafa, which owns Al Rehab projects and my city (which is the largest city belonging to the private sector In Egypt, it is described as a global city on Egyptian soil, and it contains the Prevado project) as well as the Rabwah and Mayfair project, in addition to giant hotel projects such as Four Seasons Cairo, Sharm El Sheikh, Four Seasons Nile City and the Kempinski Hotel. It also has a Celia project in the new administrative capital.

Also read:
Hisham Talaat Mostafa: The interests of the citizen expire in the real estate month in my city and Al-Rehab in just 15 minutes
Amr Adeeb: We must support the private sector, especially Hisham Talaat Moustafa. Video

Buyers are always advised not to be led behind unknown or new companies that are (burning prices) and offer prices that are sometimes illogical to the market because in reality they cannot complete their course and soon turn off and perhaps there are many models during the past period for some companies that made offers Attractive but quickly stopped or returned the money to their owners or stumbled and entered into problems with the citizens.

And the customer who makes the purchase must be aware that the price of the land and the cost of construction are very close to the large companies with experience and a good reputation. Therefore, when a new real estate entity comes among the major companies to offer irrational prices, this must arouse the ire of the buyer and he must think a lot before Getting to buy and asking well about the reputation of the company he is going to contract with, it is even better for him to turn to the major companies that we talked about before and that set their sights on the interest of their customers.

Talaat Moustafa: The Egyptian real estate market is progressing steadily
The Egyptian real estate market is considered one of the markets that are moving steadily forward, especially in the current stage, and this is confirmed by businessman Hisham Talaat Mostafa, CEO and managing director of Talaat Mostafa Real Estate Group, pointing out that the assumption of a recession in the Egyptian real estate market is an incorrect assumption, as there is demand on the market Real estate, especially during the next 30 years, and with evidence of his group achieving strong announced sales.

Hisham Talaat Moustafa added that the matter only requires deep studies of the needs of the market and the introduction of long-term financing systems to achieve convergence between the forces of supply and demand in order for the real estate product to fit the income of the Egyptian family, pointing out that his group is conducting deep studies continuously in this regard.

Hisham Talaat praised the positive role that the government and the Ministry of Housing are playing to develop the system, especially during the recent period, pointing out that there is constructive cooperation between the government and the private sector in this regard, pointing out that there is a great effort during the last period regarding the export of real estate abroad, pointing out that the group I participated in a number of international forums, including France, and it met with clear success.

« Talaat Moustafa Group » .. The first in the tourism sector

Talaat Moustafa Group, which is headed by businessman Hisham Talaat Moustafa, is one of the biggest beneficiaries of improved tourism revenues, according to a report issued by investment bank « Shuaa », which pointed out that Talaat Moustafa Group is one of three companies in the Egyptian Stock Exchange can benefit from the improvement of the sector. Tourism, where the Central Bank issued a report on the balance of payments in which revealed the increase in tourism revenues by 28% to reach $ 12.6 billion in 2018-2019, marking the highest increase in the history of the tourism sector in Egypt.

In his report, the investment bank referred to Hisham Talaat Moustafa Group, Orascom and Palm Hills by market value within the real estate sector.

Hisham Talaat Moustafa Group

Talaat Moustafa Group Holding

Talaat Moustafa Holding Group has recently joined the list of the 100 strongest listed companies in the Middle East, according to Forbes magazine’s rating. Hisham Talaat Moustafa Group’s portfolio currently comprises 875 rooms in four hotels, Four Seasons Nile Plaza in Cairo, Four Seasons San Stefano in Alexandria, Four Seasons Sharm El Sheikh and Kempinski Nile Hotel. The group is also poised to expand by adding 97 rooms in 2020 through its Four Seasons Hotel Sharm El Sheikh, and adding 346 rooms in 2021 through its Four Seasons Hotel Madinaty.

With the addition of 1,318 rooms by 2021, the contribution of the hospitality sector to Hesham Talaat Moustafa Group’s revenues has historically averaged 12%, one of the revenue generating sectors of Hesham Talaat Moustafa Group, which accounted for 31% of revenues. The company was launched in 2018. It is now an overview of the Four Seasons Hotels Group created by real estate developer Hisham Talaat Moustafa…

hisham talaat moustafa
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