B.Chef Real Estate Investment and Marketing Company announced the signing of a cooperation protocol with Egy Holding Group to bolster the export capabilities of Egyptian real estate to global markets, Invest-Gate reports.

This collaboration aims to expand the reach of real estate sales to Egyptian and Arab communities abroad, solidifying B.Chef’s position as a leading company in the real estate export sector.

Entrepreneur Karim Abu El-Khair, Chairman of B.Chef, highlighted the significant efforts the government is making in real estate export. He emphasized the importance of a strong private sector contribution to this endeavor, motivating his company to support this sector, which provides crucial foreign currency to the Egyptian economy. Abu El-Khair affirmed that Egyptian real estate products have evolved and are now globally competitive.

Furthermore, He noted that the partnership with Egy Holding Group targets Egyptian and Arab communities in various countries, including the UAE, Saudi Arabia, Kuwait, Italy, Germany, Australia, and the United States. The goal is to provide real estate solutions and investment opportunities to meet their needs in the Egyptian market, especially considering these communities’ awareness of Egypt’s current urban development scale and the advancement of Egyptian real estate products.

It is worth noting that B.Chef Real Estate Investment Company established in 2017 under the leadership of entrepreneur Karim Abu El-Khair. The company has achieved an annual sales volume estimated at EGP 1 bn. Exporting real estate abroad constitutes 75% of its total sales.