Egypt Introduces Digital Property Transfers, Targets EGP 7bn in Administrative Fees

Egypt’s Ministry of Housing is targeting EGP 7 billion in administrative revenues from ownership transfer and assignment fees for residential, commercial and administrative units in new cities and governorate housing directorates over the next five years, according to a government official. The revenue target follows the ministry’s recent launch of an electronic property ownership transfer service through […] The post Egypt Introduces Digital Property Transfers, Targets EGP 7bn in Administrative Fees appeared first on The Middle East Observer.