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tatweer

tatweer

Egypt
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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Tatweer Misr was established in 2014 and has quickly grown into a major Egyptian developer of integrated urban communities. It has delivered thousands of housing units to date and boasts several flagship projects (e.g. Il Monte Galala in Ain Sokhna, Eastown New Cairo, Bloomfields Mostakbal City). In 2024 Tatweer Misr reported delivering 1,400 units and achieving EGP 33 billion in new sales. Over its first decade the company built a reputation for executing large-scale mixed-use developments across West, East Cairo, and the North Coast.

Financial Credibility

After years of investment, Tatweer Misr turned profitable in 2024 – its first profit since inception. The company reported EGP 1.7 billion profit for 2024, fully offsetting past losses . It had secured strong sales (EGP 33 bn in 2024) and maintained liquidity (about EGP 2 bn cash). Management has undertaken financial restructuring, preparing for a future stock offering. Credit agreements (e.g. securitization program) have been arranged for funding future construction. These facts – drawn from audited results and public statements – indicate financial recovery and sound backing. No credible source cites solvency issues or defaults.

Project Quality

Tatweer Misr’s projects are generally regarded as high-quality, with modern master-planning and finishes. The company emphasizes global design standards; for example, its headquarters received the WiredScore SmartScore Platinum certification (an international quality benchmark). Executives highlight that Tatweer Misr “is consistently in discussions” with top global schools and investors, suggesting a premium positioning. In 2024 it delivered units “ahead of schedule” in D-Bay and other projects. Customer satisfaction metrics are not public, but the developer’s own reports stress after-sales service and finished-project quality.

Legal & Regulatory Standing

No adverse regulatory actions against Tatweer Misr were found. The company works under Egyptian law as a joint-stock company and follows standard permitting and contracting practices. There are no media reports of government fines, license suspensions, or safety violations involving Tatweer Misr. In fact, Tatweer Misr has engaged with regulators (e.g. real estate council) and financial authorities in standard channels. (One unrelated note: the New Jersey Institute of Technology (NJIT) campus agreement in the Bloomfields project is being renegotiated, but this is a contractual amendment rather than a legal sanction.

Customer Experience

Tatweer Misr promotes a “We Care” customer service ethos, and by its own account it has delivered tens of thousands of units. In 2024 roughly 5,000 units were handed over to buyers. There is little public record of customer lawsuits or protest. The company’s offering includes extended payment plans and after-sales support, and executives emphasize customer loyalty (e.g. 50% of buyers were Egyptians abroad in 2023-24). No authoritative consumer complaints (e.g. from the consumer protection agency or media) about Tatweer Misr projects were found.

Market Reputation

Tatweer Misr is widely seen as one of Egypt’s leading mid-to-large developers. Its CEO, Dr. Ahmed Shalaby, is often quoted in the press, and the firm’s brands (Bloomfields, Il Monte Galala, etc.) are well-known. The company actively communicates with media and investors, and it won recognition such as WiredScore’s SmartScore Platinum (for its innovations). In industry surveys and articles, Tatweer Misr is grouped with the top tier of private developers (alongside companies like Emaar and SODIC). Forbes Middle East even listed Dr. Shalaby among the “100 most impactful real estate leaders” (2025). Overall, its reputation in official and business sources is strong.

Innovation & Sustainability

Innovation and sustainability are cornerstones for Tatweer Misr. It was the first Egyptian developer to earn WiredScore’s highest SmartScore Platinum ranking, and it holds ISO certifications for Quality, Environmental, Safety and Energy management. The company emphasizes smart infrastructure and digital planning: its chairman notes IoT and smart-city platforms are in use across projects. These efforts are publicized as advantages. For example, Tatweer’s Arkan Plaza HQ was lauded for its intelligent design. In sum, industry sources highlight Tatweer Misr’s focus on green building practices and tech-driven community planning.

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