Property Finder Committing Investment to Egyptian Market

January 23, 2023
Share this Post: 

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.

January 23, 2023
Edmund got to know the world of portals and marketplaces working at Mitula Group (which became Lifull Connect after the buyout in 2018). He worked directly with hundreds of portals across the world in his role in the content department for three and a half years before transferring to the SEO department to understand the inner workings of listings sites. He joined Online Marketplaces as Head of Content in March 2020.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Purplebricks Profit 1
Purplebricks Slashes Prices as New Owner Vows to 'Disrupt' Once Again

The new owner of Purplebricks has cut prices in his first move since snapping up the beleaguered portal for just...

Read More
Homesnap Closure
CoStar Group to 'Sunset' Homesnap in Favor of

CoStar is set to sunset Homesnap and replace it fully with the Group's in-house brand by the end of...

Read More
Powerleads Ai Zumper
Zumper Latest Portal to Integrate ChatGPT Plugin

Zumper, a leading provider of rental industry software, has announced its collaboration with OpenAI's artificial intelligence engine, ChatGPT. The partnership...

Read More
Meta Egypt
Meta Egypt Launch Announced as Estate Waves and Coldwell Banker Egypt Team Up

Real estate marketing company Coldwell Banker Egypt has teamed up with Estate Waves to announce the launch of a new...

Read More

Editor's Pick