Egypt’s real estate sector has experienced significant growth as Egyptians sought to protect their savings from inflation and currency devaluation. However, a crisis has emerged despite recent presidential intervention. The sector was initially seen as a safe haven for preserving wealth amidst economic pressures. Details surrounding the nature of the presidential intervention and its unintended consequences are not fully outlined in this excerpt. The text suggests the situation has unexpectedly worsened, indicating deeper underlying issues. Mada Masr originally published this report, signalling potential further analysis of the issue. The article implies that the problems in the real estate market are complex and more serious than previously understood.