Wajha Developments has announced the appointment of Mr. Mohamed Abdel Fattah as Co-Founder
and Managing Director, a move that reflects the company’s commitment to strengthening its executive
leadership and driving forward its ambitious expansion strategy within the Egyptian real estate market
This strategic addition enhances the company’s founding expertise across construction, real estate development
entrepreneurship, finance, investment, and strategic marketing, enabling the development of an integrated
business model built on innovation and high-value real estate solutions
New Leadership Marks a Major Phase of Growth and Governance Enhancement
The appointment of Mohamed Abdel Fattah represents a pivotal milestone for Wajha Developments
reinforcing internal governance and positioning the company for a new era of accelerated growth
With a solid institutional framework in place, the company is well-prepared to execute its strategic
vision and introduce groundbreaking development and financing solutions tailored for the evolving
dynamics of Egypt’s real estate sector This year marks the company’s official launch, while 2026 is
expected to showcase the full implementation of its strategic investment roadmap, signaling a
transformative phase for the company
A 15-Year Track Record Across Multiple Sectors and Global Markets
With over 15 years of diverse experience, Abdel Fattah brings substantial value to the executive team
His career spans senior positions in leading global and domestic companies across sectors including
telecommunications, insurance, banking, real estate development, and finance, with professional exposure
in Egypt, the UAE, Turkey, and Oman Academically, he holds an MBA, along with advanced diplomas in
finance, technology, innovation, crisis and risk management, valuation, and mergers & acquisitions
His educational background also includes executive programs from the University of Oxford and the
American University in Cairo, equipping him with the strategic insight required to drive expansion
and organizational transformation
Expertise in Growth Hacking and Strategic Transformation
Abdel Fattah also brings strong expertise in Growth Hacking, having crafted innovative
growth strategies and guided companies through advanced expansion phases His work in
institutional transformation and crisis management reflects his ability to drive scalable
success and support long-term business sustainability within competitive markets
A Clear Vision for the Egyptian Real Estate Market and Innovative Solutions
Commenting on his appointment, Mohamed Abdel Fattah stated that his decision to join
Wajha Developments followed an in-depth study of the Egyptian real estate market, identifying
real gaps that developers can productively address. One of the most notable gaps, he explained
is the significant shortage of hotel rooms—a challenge the company is already working to tackle
through innovative concepts to be revealed as part of its 2026 strategic plan
A Payment Model Linked to Actual Construction Progress
Abdel Fattah highlighted the company’s adoption of a construction progress-based payment model
which replaces traditional equal installment plans. Under this system, the client’s payment schedule is
directly tied to real-time construction milestones, offering heightened transparency and ensuring investors
receive real value aligned with on-site progress He emphasized: “Linking payment installments to actual
construction progress sets a strong benchmark of innovation for Wajha Developments in the Egyptian real
estate market. This model enhances financial security for clients and reflects our confidence in delivering
projects on schedule, backed by the company’s solid financial standing
Strategic Expansion Plans and New Projects in 2026
Mohamed Abdel Fattah Looking ahead, Abdel Fattah revealed that Wajha Developments plans to launch one or
two new projects in 2026, alongside a carefully planned expansion of its land bank The company
is currently exploring land acquisitions in the Red Sea and Sheikh Zayed, and is evaluating opportunities
to enter the New Cairo market—supporting its long-term expansion strategy
Over 35 Years of Combined Founders’ Experience
Mohamed Abdel Fattah Wajha Developments builds on more than 35 years of cumulative experience among its
founders, including 24 years in construction and contracting, during which they contributed
to major national projects, and 11 years in real estate development through participation
in diverse property ventures This extensive background enables the company to provide a unique
innovation-driven real estate product, supported by an executive and strategic team with proven
expertise in leadership, project delivery, and market innovation
