Tatweer Misr is adopting in 2025 a strategy focused on implementing corporate governance regulations to achieve maximum growth rates, improve operational efficiency, and enhance performance oversight, Invest-Gate reports.
This strategy also supports the company’s transition towards corporate sustainability, preparing it for an initial public offering (IPO) in the medium term. Additionally, it reinforces Tatweer Misr’s commitment to integrating environmental sustainability standards across its projects, ensuring the development of smart and sustainable communities.
Dr. Ahmed Shalaby, President & CEO of Tatweer Misr, commented: “We are proud of what we have accomplished over the past decade in solidifying our leadership in the Egyptian real estate sector. Our strategy has always been driven by a commitment to developing urban communities that are both sustainable and smart, delivering added value to our clients, partners, and shareholders while supporting the Egyptian economy. Today, we face a new challenge—transitioning our company towards corporate sustainability through compliance with corporate governance regulations that will propel us into our next phase. Our strategy aims to expand our projects locally and internationally while setting a benchmark in governance and sustainability that contributes to the growth of the real estate sector and reinforces national GDP. Additionally, we are executing ambitious plans for a new organizational structure to achieve significant sales growth, increase the rate of unit deliveries, and develop financial solutions to meet our corporate and financial goals.”
Tatweer Misr has commenced its new strategy by implementing comprehensive organizational restructuring aligned with its future goals and expansion plans. This restructuring includes the introduction of new senior management positions assigned to prominent industry professionals in Egypt’s real estate sector to enhance institutional efficiency and achieve the company’s long-term aspirations.
As part of this restructuring, Mr. Ahmed Noureldin has been appointed Chief Financial Officer (CFO), responsible for overseeing financial controls, investor relations, and coordination with banking and non-banking financial institutions. His responsibilities will also include developing financial solutions to support project funding and achieving the company’s financial goals, ensuring financial stability and sustainable growth.
Furthermore, Mr. Ihab Salama has been appointed Chief Portfolio Officer & CEO of Tatweer Misr Education. In this role, he will oversee non-residential projects and all education-related initiatives, expanding the company’s portfolio and reinforcing its commitment to diversification and sustainability.
Additionally, Mr. Mohamed Rashad has assumed the position of Chief Internal Audit Officer, tasked with overseeing internal audit, compliance, and risk management, thereby enhancing corporate transparency and governance.
Tatweer Misr’s strategy emphasizes raising awareness of sustainable development goals by leveraging Dr. Ahmed Shalaby’s role as a board member of the UN Global Compact Network Egypt and a founding member of Chapter Zero Egypt. The company remains focused on showcasing the economic benefits of environmental and social sustainability practices across various sectors.