Karim Abu El-Khair: “Private Sector Essential in Real Estate Export Efforts”
Karim Abu El-Khair, Chairman of B.Chef, highlighted the government’s significant efforts to support real estate exports and stressed the importance of a parallel contribution from the private sector. This motivated B.Chef to play an active role in this initiative, which provides foreign currency to the Egyptian economy. He noted that Egyptian real estate products have evolved to become highly competitive on a global scale.
Targeting Egyptian and Arab Communities Worldwide
This partnership with Egy Holding is aimed at catering to the real estate needs of Egyptian and Arab communities in key markets, including the UAE, Saudi Arabia, Kuwait, Italy, Germany, Australia, and the United States. By providing tailored real estate solutions and investment opportunities, the companies seek to address the growing demand among these communities, many of whom are aware of Egypt’s rapid urban development and the quality advancement of its real estate products.
B.Chef and Egy Holding Cooperate to Expand Egyptian Real Estate Exports Globally
B.Chef’s Remarkable Growth Since 2017
Founded in 2017 under the leadership of entrepreneur Karim Abu El-Khair, B.Chef has achieved impressive growth, with annual sales exceeding one billion EGP. Exporting real estate to international markets represents a major focus for the company, with approximately 75% of its total sales generated abroad.
Egy Holding’s Dedication to Exporting Egyptian Real Estate
Egy Holding emphasized that the partnership with B.Chef aligns with their strategy to promote Egyptian real estate internationally, drawing on the combined expertise of both companies. The collaboration is focused on delivering projects that align with global standards, designed to meet the needs of Egyptian and Arab communities worldwide.
Facilitating Global Access to Egyptian Real Estate
This cooperation marks a pivotal step toward establishing Egyptian real estate as a competitive global product that fulfills the aspirations of international markets. The alliance is expected to increase the companies’ market shares abroad by leveraging their combined experience to simplify access to Egyptian real estate, providing distinctive solutions that resonate with the expectations of foreign clients.
EGY Holding: A Leader in Egyptian Real Estate Development
With over 20 years of experience in the Egyptian real estate market, Egy Holding has positioned itself as a key player under the leadership of CEO and Managing Director Eng. Mohamed El Ahwal. The company is known for delivering projects that meet the highest international standards. Among its latest developments is the “Epic Complex” in the New Administrative Capital, which stands as a model in sustainable design according to Fitwel standards for healthy buildings.
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