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Currency devaluation fans Egypt property boom

Published Mon, Mar 28, 2016 · 09:50 PM
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Cairo

GOOD news keeps coming for Hisham Naguib and his sales team at Cairo-based real estate company Mountain View. With apartments already snapped up long before they're built, last week's devaluation of the Egyptian pound looks set to boost demand even further.

"The pound's devaluation is on everybody's mind, and it's sending demand for real estate off …

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