Makadi Heights, a fully integrated project developed by Orascom Development, enters into a partnership with Buy-Now, Pay-Later (BNPL) platform valU to offer homeowners financing solutions for home maintenance, renovation fees, and furnishing, Invest-Gate reports.

Under the agreement, Makadi Heights’ homeowners will be able to cover maintenance and renovation through valU’s flexible and accessible payment plans.

Tamer Dewidar, CEO of Makadi Heights, comments: “With inflation on the rise and consumer purchasing power being hindered, this partnership with valU could not have come to fruition at a more opportune time.”

Walid Hassouna, CEO of valU, notes: “I am delighted that our innovative payment solutions will empower Makadi Heights homeowners by allowing them to access our user-friendly fintech platform to maintain their lifestyles with peace of mind.”

Makadi Heights is situated over an area of 3.75 mn sqm, and is located 15 minutes from Hurghada International Airport and 20 minutes from downtown Hurghada.