Press Release Details

MIFT Minister Convenes Coordination Meeting Between Real Estate Developers and Digital Property Platforms with Participation of 5 Government Entities

MIFT Minister Convenes Coordination Meeting Between Real Estate Developers and Digital Property Platforms with Participation of 5 Government Entities

  • The meeting aimed to introduce real estate developers to digital platforms for investment funds and explore their use as innovative financing and investment mechanisms.
  • Digital real estate fund platforms represent an innovative financing tool for developers and enable fractional investment opportunities for individuals in property units.

Dr. Mohamed Farid:

  1. We continuously strive for integration with government entities and partnership with the private sector to generate impact and add value to the economy.
  2. We are committed to linking innovative financing and investment mechanisms with Egypt’s development priorities. 
  3. Digital real estate fund platforms provide transparent and structured pathways for both developers and citizens for financing and investment purposes.

As part of the State’s strategy to strengthen institutional integration among government entities and enhance public-private partnerships, Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade (MIFT Minister), convened an expanded coordination meeting bringing together representatives from five government entities, alongside leading real estate developers and executives of digital platforms specializing in real estate investment funds. The meeting aimed to explore ways to leverage innovative financial tools and mechanisms to support the real estate market.

The meeting was attended by Dr. Islam Azzam, Chairman of the Egyptian Exchange (EGX); Dr. Khaled Serry Seyam, Chairman of Misr for Central Clearing, Depository and Registry (MCDR); the Sovereign Fund of Egypt (TSFE), represented by Ms. Noha Khalil and Counsellor Mohamed Aba Zeid, Advisor to TSFE CEO; and the Administrative Capital for Urban Development (ACUD), represented by Eng. Khaled Abbas. Senior officials from the Financial Regulatory Authority (FRA) and its executive leadership also participated, along with representatives from the Ministry of Housing, Utilities, and Urban Communities.

A number of prominent real estate developers were also present, including Hisham Talaat Moustafa, Dr. Ahmed El-Shalaby, Eng. Hisham Shoukry, Eng. Ahmed Sabbour, Dr. Ashraf Salman, Dr. Hany Sarie El-Din, Eng. Tarek Shoukry, Eng. Ayman Amer, and Eng. Hassan Allam. The meeting further included representatives from leading fintech companies, notably “Nawy” and “Azimut.”

MIFT Minister emphasized that the meeting reflects government coordination and partnership with the private sector, aimed at building an integrated ecosystem that aligns the needs of real estate developers with innovative, flexible, and transparent investment tools. This, he noted, would help unlock the full potential of the real estate market while safeguarding the interests of all stakeholders.

He added that the objective of this coordination is to support the real estate sector in effectively utilizing digital investment funds and real estate fund platforms—not merely as technological solutions, but as strategic tools for marketing, sales, and financing. These platforms, he explained, contribute to creating a transparent and attractive investment environment for both domestic and foreign capital, in line with the State’s vision for financial digital transformation.

He highlighted that these digital platforms offer diverse investment opportunities for citizens and investors, tailored to varying savings capacities, while adhering to disclosure, transparency, and regulatory standards. This, in turn, enhances financial inclusion and transforms real estate from a traditionally illiquid asset into a more accessible and tradable financial instrument.

Dr. Saleh further affirmed that this model strengthens integration between the real estate sector and the non-banking financial system.

The meeting included presentations outlining mechanisms for offering real estate investment fund units through digital applications and online platforms. Participants exchanged views on regulatory, technical, and marketing aspects, as well as opportunities for deeper integration between government entities, developers, and platform operators.

The discussions concluded with consensus on the importance of continued coordination among all stakeholders to deepen understanding of the legal and technical frameworks required to scale these digital tools. This includes ensuring clarity of investment mechanisms for both domestic and foreign investors, while enhancing market efficiency and procedural transparency.

Participants underscored that achieving integration between digital platforms, developers, and regulatory bodies represents a critical step toward maximizing the true potential of Egypt’s real estate market and expanding opportunities for both local and foreign investors.

The meeting forms part of MIFT broader efforts, aligned with the Egyptian government’s vision to deepen the role of financial technology in market development and to connect productive sectors with capital markets, thereby enabling the introduction of innovative investment instruments.

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