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Ing. Naguib Sawiris, CEO and Chairman of the Board of Directors of Aura International Real Estate Development, said that there is no single field or sector that is considered the best in investment, but it is preferable to diversify the financial portfolio among a series of activities.
Naguib Sawiris’s advice on how to invest money now:
The CEO and president of Aura International Real Estate Development, Ing. Naguib Sawiris, added during the press conference that took place on Tuesday, to announce the latest developments in the Z-East project in the Fifth Settlement.
Where he said that 25% of the financial portfolio should be placed in gold, 25% should be placed in real estate investment, and 25% should be placed in investment in bonds and stocks, and 25% should remain in cash.
He said that nobody’s idea of cash would work on his account despite its importance, and Eng. Naguib Sawiris confirmed that many citizens will invest in real estate during the next period, and this came after bank certificates with a 15% return, which lasted for six months.
And that has been since it was launched last March after the crisis of the new Corona virus, Covid 19, and the engineer Naguib Sawiris explained that these certificates obtained many billions during that period due to their high profitability.
But after those certificates have been canceled and the return of around 10% returns, many will go to invest in real estate, especially with the high return of the same, since there is the opportunity of payment facilities of the majority of companies in the market.
