WELCOME TO TATWEER MISR
Established in 2014, Tatweer Misr is an Egyptian shareholding real estate company, that capitalizes on a wealth of industrial and real estate experience brought to the table by its shareholders. Major shareholders such as Arafa, Daoud and Ahram Groups provide the business and technical expertise needed to fulfill the vision of mixed use residential developments based on elegant and luxurious modern architecture and landscaping.
The combined expertise of Tatweer Misr's management team allows the company to maintain excellence at all levels of their developments. From construction, design and architecture, to landscaping, lifestyle services and amenities, Tatweer Misr covers all the facets of the real estate industry offering a fresh outlook on their projects.
Tatweer Misr was launched with their flagship project IL Monte Galala-Sokhna, a singular concept defined in an innovative and complex residential and tourism resort located in Ain Sokhna. Delivery of Phase One of the project is expected to start in 2019. The unique vision of Tatweer Misr in the development of real estate projects focuses on building upon and assimilating the stunning natural environments of the areas in which they are located. IL Monte Galala-Sokhna will usher in a new era of artistic vision in resorts while retaining the offering of an all exclusive development that focuses on a mix of residential, retail, commercial and hospitality. In the short term IL Monte Galala-Sokhna will be complimented by Fouka Bay, Tatweer Misr's second development, located in Ras Al Hekmah area of the North Coast, which is set to be launched in 2016. Tatweer Misr is studying a number of other prime locations for future opportunities.
A FEW FACTS
|Legal Structure||Joint stock company S.A.E|
|Authorized Capital (EGP)||1,300,000,000|
|Issued capital (EGP)||275,000,000|
|Paid in capital (EGP)||275,000,000|
"Real estate will shape the development of Egypt in the years to come. As we stand on the threshold of new opportunities, we must commit not only to continue to drive and support industry growth, but also meet and exceed expectations to fill market gaps with integrity, innovation and commitment to excellence."
Over the coming decade, real estate will be one of the principal drivers of growth in Egypt. Ensuring that the sector keeps up with urbanization and demographic bulges, will be key to future success. Innovation and excellence will be crucial to addressing and overcoming the challenges at present. At Tatweer Misr, we understand the many nuances that underline the industry, offering pioneering solutions that go beyond the everyday to capture the future that home owners aspire to.
As a company, we are dedicated to providing value through innovative mixed-use projects, tailor-made with modern sophistication whilst committing to internationally acclaimed standards of quality, upon which we have built our integrity. Our philosophy is that we do not merely build beautiful places, but we craft life's most treasured experiences for our discerning clients. As we grow and look to the future, we hope to establish ourselves as a benchmark for innovation, acting as a catalyst for change, with a stronger ability to adapt and grow as our consumer's needs do, making us the market leader in Egypt.
Tatweer Misr is guided by the following core principles:
- Provide value to our customers.
- Develop every project as a separate business model with its own carefully planned risk-return and growth objectives.
- Start with a vision of where we want to end up, building upon this as we progress. If you can't see where you're going, you'll never get there.
- Act and adapt with the speed and agility of an adventurous entrepreneurial organization, but maintain the financial controls, technical discipline and continuous oversight of a large institutional company.
- Commit to developing responsibly and staying on the cutting edge of technology.
- Establish and maintain enduring, mutually rewarding relationships with strategic business partners, financial institutions, industry peers, government bodies, municipalities and homebuyers.
- Build long-term shareholder value for our Tatweer Misr Brand.
MISSION AND VISION
We aspire to be the Benchmark for Real Estate Development in Egypt and are dedicated to providing leading innovations and solutions for tomorrow.
To provide innovative, distinctive products and services that improve lives and satisfy customer expectations, to be recognized as a great place to work, and to provide investors with a superior rate of return.
Our Culture and Values
Built on integrity and commitment to quality and professionalism, these guiding principles are at the core of everything we do. From conceptual design to finished product, our values allow us to perform to the highest standards every time as we strive to deliver quality that exceeds our client's expectations. Our adherence to the highest ethical standards ensures that every single unit we deliver meets not only local, but international standards of quality and professionalism.
At Tatweer Misr, we are committed to the development of Egypt and the local communities where we work, which is why corporate governance is a key element of our business. Our promise is to work hand in hand with each of the local communities in which we are developing to launch CSR programs that utilize our key industry skills, whilst supporting the growth of these areas. Yet our commitment to Egypt goes further than this; we are dedicated to preserving the natural beauty of all the areas in which we work, maintain and uphold the highest international standards of environmental preservation.
Our Driving Values
We are committed to abiding by highest ethical standards of behavior and performance. We hold ourselves and each other accountable for our actions.
We are committed to effective partnerships with our employees, clients, partners and suppliers.
We believe that everyone should be treated with consideration and dignity. Treat others as you want to be treated.
We are committed to acting in an open, transparent, ethical, and honest manner at all times with all our partners.
We are committed to offering the best service by consistently delivering products of the highest standards and exceeding our clients' expectations.
The Board of Directors is responsible for the company's system of corporate governance and is ultimately accountable for Tatweer Misr's activities, strategy, risk management and financial performance.
Mr. Mohamed Daoud
(Chairman of the Board - Non-Executive)
Mr. Mohamed Daoud is the Chairman of the Board of Tatweer Misr. In addition to his post at Tatweer Misr, Mr. Daoud has spent more than a decade working as the Chairman of one of Egypt's largest industrial and mechanical engineering conglomerates; Daoud Group. Mr. Daoud brings over 30 years of engineering, construction and business management experience to the company, providing the unique insights needed to effectively build and develop successful real estate projects. Mr. Daoud holds a Bachelor's degree in Commerce from Cairo University.
Eng. Ashraf Arafa
(Vice Chairman of the Board - Non-Executive)
Eng. Ashraf Arafa is the Vice Chairman of Tatweer Misr. A leading Egyptian businessman in his own right, Eng. Arafa is the Chairman and Deputy General Manager of Arafa Group's textile portfolio. Bringing several decades of experience in the management of diverse business portfolios. As the Chairman and Deputy Managing of Egyptian Company for Building and Construction, Eng. Arafa also has in-depth knowledge in the real estate sector. Eng. Arafa holds a Bachelor of Science in Civil Engineering from Ain Shams University.
Dr. Ahmed Shalaby
(Managing Director and Member of the Board)
Dr. Ahmed Mohamed Shalaby, P.H.D. is the Managing Director and Member of the Board of Tatweer Misr. On a day-to-day basis, Dr. Shalaby is responsible for managing the company including the business development and the strategic planning for Tatweer Misr's major projects. In addition to his work with Tatweer Misr, Dr. Shalaby is also a Professor of Architecture & Urban Development for the Department of Architectural Engineering at Cairo University and a Visiting Assistant Professor at the Department of City and Regional Planning at Cornell University in New York. Prior to joining Tatweer Misr, Dr. Shalaby spent a year working for El Mostakbel for Urban Development, where he held the position of Advisor to the Chairman. During his time with El Mostakbel, Dr. Shalaby played an integral role in the development of Mostakbel City; the largest planned mixed-use development in the New Cairo area. Dr. Shalaby has over a decade of experience in the management of major real estate portfolios, working with Al Fawares Holding in Egypt and for the Egyptian Minister of Housing as a Technical Advisor to the Minister. Dr. Shalaby holds a Degree in Engineering which he received in 1993 as well as a P.H.D. which he received in 2003 through a joint program between Cairo University and Cornell University.
Mr. Samir Aref
(Member of the Board)
Mr. Samir Aref is a Member of the Board of Tatweer Misr and an expert in the fields of finance, investment and real estate management. As the Chairman of one of the foremost investment groups in Egypt; Al Ahram Security Group, Mr. Aref understands the unique nuances of handling investment portfolios. Mr. Aref also brings extensive real estate experience to Tatweer Misr, as the Chairman of Green Valley, and the Founder and Shareholder of Al Asher for Development & Real Estate Investment. Mr. Aref holds a Bachelor degree in Commerce from Alexandria University.
Mr. Mohammed Zaiton
(Member of the Board)
Mr. Mohammed Zaiton is a Member of the Board of Tatweer Misr. A well respected business leader in his own right, Mr. Zaiton is an expert in the fields of textiles, tourism and real estate investment sectors. Mr. Zaiton is the President of the Board of Directors and a primary shareholder for the prominent textile company Apel Tex, as well as standing as the Chairman and Managing Director of True Tex. Mr. Zaiton brings over a decade of experience in real estate business management and investment and is a shareholder and the Deputy Chairman of the Board of Directors for one of Egypt's foremost tourism companies; the Red Sea Company for Real Estate Investments and Tourism Development and The Egyptian Company for Tourism Development and Real Estate Investments.
Mr. Ahmed Daoud
(Member of the Board)
Eng. Ahmed Daoud is a Member of the Board of Tatweer Misr. An established businessman and the Managing Director of the multi-faceted engineering group Ahmed Daoud & Co., he brings with him over a decade of experience. Over the last 10 years Eng. Daoud has worked to build the many different business units of the family business, diversifying their financial portfolio and establishing him as an expert in business development and management in his own right. Eng. Daoud sits on the board of a number of companies including the Chamber of Engineering Industries, ARDIC and EGYTRAFO Group, to name just a few. Eng. Daoud holds a Bachelor's Degree in Engineering and Business Management which he received from the University of Greenwich in the UK in 2006.
Eng. Baher Ayoub
(Member of the Board and Chief Projects Officer)
Eng. Baher Ayoub is the Chief Projects Officer and a Board member of Tatweer Misr. An expert in the fields of planning and project management, Eng. Ayoub draws on almost 20 years of extensive experience gained in architecture, interior design and contractor consulting experience. Prior to joining Tatweer Misr, Eng. Ayoub worked as the Director of Development Management and Engineering Management for Al Fawares Holding Egypt, where he managed a diversified portfolio of residential compounds, shopping malls, office complexes and hotels. Eng. Ayoub holds a Bachelor of Science in Architectural Engineering from Cairo University.
In line with our values at Tatweer Misr, we are committed to the development of Egypt and the local communities in which we work, that is why corporate governance is a key element of our business.
Our promise is to work hand in hand with each of the local communities in which we are developing to launch CSR programs that utilize our key industry skills, whilst supporting the growth of these areas. Yet our commitment to Egypt goes beyond that.
We are dedicated to preserving the natural beauty of all the areas in which we work, maintaining and upholding the highest international standards of environmental preservation.