Contact and Nawy sign an agreement to provide finance solutions worth EGP 1bln to Nawy clients

Contact and Nawy sign an agreement to provide finance solutions worth EGP 1bln to Nawy clients

Contact Real Estate Finance Company, signed an exclusive cooperation agreement with Nawy Company, which specializes in real estate development using the latest digital technology, to finance Nawy’s clients to purchase real estate units.

This agreement comes within the direction of Contact Holding Group to conclude a package of strategic deals and investments in the fields of technology and FinTech in order to expand its scope and reach various sectors with a set of integrated financial solutions.

The value of the agreement amounts to one billion Egyptian pounds, which will be allocated to purchase units and resell them through the financing system, in order to enhance the movement of buying and selling ready units in the real estate market.

Mostafa El-Beltagy, CEO of Nawy, stressed his enthusiasm for this partnership, considering it the best solution for customers to own units, due to the great experience that the two companies have.

He added that this partnership will make a significant impact and change in the real estate market, and will solve many customers’ problems during the process of selling their homes, and help them sell easier and faster.

Also read: Shatablee signs a new partnership with Contact Financial Holding

If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.