Akram El-Sheikh: Cityscape Egypt 2026 cancellation does not signal a real estate crisis

✦Key takeaways

Akram El-Sheikh of MAGNA Developments said the decision not to hold Cityscape Egypt 2026 in its usual format should not be viewed as a sign of a market stoppage or weaker demand.
He said sales have not stopped and demand for property has not disappeared.
He added that market conditions and competitive dynamics have changed.

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