The real estate vertical operator Property Finder used the platform of a conference in Cairo to announce that it has committed to investing more in the burgeoning Egyptian real estate market.
The company held the first edition of the Property Finder Summit 2023 Egypt event on the 16th of January was attended by government and housing market stakeholders alike.
Although the portal company did not give a figure for how much money it would invest, Chief Revenue Officer, Cherif Sleiman said via a press release that Property Finder would be launching new product upgrades and scaling up its Egyptian revenue generation in line with the government's National Strategic Plan for Urban Development 2052.
“Egypt’s growing youth population has set the country on a rapid and thriving path of modernisation and renewed efficiencies – and this is no different within the real estate industry. At Property Finder, we believe in empowering homeseekers to find a space that suits their lifestyle and enhances quality of life through an honest, transparent and smarter home search experience.
Property Finder operates real estate portals across the Middle East and North Africa where it competes with portals such as those run by fellow UAE-based EMPG. In Egypt Property Finder competes with Cairo-based Aqarmap with traffic leadership between the two hotly contested according to Similarweb.