Egypt’s PM orders formation of committee to facilitate registration of real estate

Egypt’s PM orders formation of committee to facilitate registration of real estate

Egypt's Prime Minister Mostafa Madbouly has ordered the formation of a ministerial committee to facilitate the procedures required for registering real estate, a cabinet statement said on Wednesday.

Madbouly's directive came during the cabinet's weekly meeting that was held via video conference on Wednesday, during which a host of issues was discussed.

The PM said the committee will include the ministries of justice, finance and local development, said the statement.

"The state works to encourage citizens to register their real estate with the aim of securing their properties, and therefore the registration procedures should be facilitated," Madbouly said, charging the concerned ministers to quickly convening a meeting for the committee and present the outcomes of its work to the cabinet.

Madbouly has also ordered that the procedures and the objective of registration be explained to citizens so as not to allow the spread of rumours and false information regarding this issue, the statement noted.

According to amendments to the real estate registry law that were approved last August, new fees will be required to register properties at real estate registry offices starting 6 March.

On Monday, Minister of Justice Omar Marawan said in TV statements that citizens "are not