Egyptian businessman Naguib Sawiris said that the prices of some real estate in Egypt have become “laughable,” suggesting that EgyptAir be listed on the Egyptian Stock Exchange.
The businessman added that the launch of the “United Bank” was a good step, but it was long overdue, expecting gold prices to continue to rise.
He continued: I am moving towards expanding real estate development outside Egypt, and I intend to list my parent real estate development company on one of the stock exchanges within 3 years, and a furniture manufacturing company has been established in Egypt.
