Arab African International Bank (AAIB) and Al Ahly Pharos Investment Banking have been appointed to manage a securitisation bond programme worth EGP 20 bn for real estate developer Tatweer Misr over five years, Invest-Gate reports.

The two banks will act as lead arrangers and financial advisors for the programme, which will be launched through multiple issuances. The proceeds aim to provide Tatweer Misr with the necessary liquidity to accelerate project development.

“This marks the first securitisation programme in Egypt’s real estate sector in 2025,” a joint statement said, adding that the bonds represent a non-traditional financing tool tailored to meet investor needs amid evolving market dynamics.

AAIB is one of Egypt’s largest private-sector banks, offering a wide range of innovative financial solutions. Al Ahly Pharos is recognised as a key player in Egypt’s investment banking market.