Wajha Developments has appointed Mr. Mohamed Abdel Fattah as Co-Founder and Managing Director, a strategic step that underscores the company’s dedication to reinforcing its management structure and advancing its expansion plans.
His addition strengthens the founding team’s expertise across construction, real estate development, entrepreneurship, finance, investment, and strategic marketing, enabling the company to build an integrated framework capable of delivering innovative real estate product.
The appointment of Mr. Mohamed Abdel Fattah marks a key milestone for Wajha Developments, strengthening internal governance and ushering in a new phase of growth and expansion. With a robust institutional framework, the company is well-equipped to realize its strategic vision and deliver innovative development and financing solutions in Egypt’s real estate market.
Additionally, Mr. Mohamed Abdel Fattah’s appointment at Wajha Developments marks a strategic move that reinforces internal governance and boosts the company’s ability to manage its planned growth, as the current year signals its official launch and 2026 is expected to showcase the full execution of its vision and investment strategies.
Abdel Fattah brings a wealth of experience that significantly strengthens Wajha Developments’ executive team. Over the past 15 years, he has held senior roles in leading global and local companies across a wide range of sectors, including telecommunications, insurance, banking, real estate development, and finance, with professional experience spanning Egypt, the UAE, Turkey, and Oman.
Academically, he holds an MBA and advanced diplomas in finance, technology, risk and crisis management, innovation, valuation, and mergers & acquisitions, complemented by executive programs from the University of Oxford and the American University in Cairo, equipping him with the expertise to drive strategic growth and innovation.
He also brings strong expertise in growth hacking, having developed innovative growth strategies and played a key role in leading companies through advanced stages of success via expansion plans and institutional transformations grounded in strategic planning and crisis management, reflecting the depth of his experience.
On this occasion, Mr. Mohamed Abdel Fattah, Managing Director of Wajha Developments, stated that his decision to join the company followed an in-depth analysis of the Egyptian market and the real opportunities that real estate developers can address.
He highlighted the notable shortage of hotel rooms in the market, a challenge the company plans to address through innovative concepts set to be revealed as part of its 2026 strategy.
He added that the company implements a clear vision based on new systems linking clients to the actual construction progress of the projects they invest in. WAJHA does not rely on equal installment plans; instead, payment schedules are tied to the real-time execution of the project, enhancing transparency and providing clients with genuine value aligned with on-the-ground progress.
He noted, “Linking payment installments to the actual progress of project construction represents a strong mark of innovation that Wajha Developments is setting in the local market. This approach establishes a long-term path for developing a globally competitive business model within the local sector. It provides clients with financial security and confidence in our ability to deliver on schedule, supported by the company’s solid financial standing.”
Mr. Abdel Fattah also revealed the company’s plans to launch one or two new projects in 2026, alongside a strategic expansion of its land portfolio. Wajha Developments is exploring the acquisition of new land plots in the Red Sea and Sheikh Zayed, while also evaluating opportunities to enter New Cairo.
Wajha Developments leverages more than 35 years of combined experience from its founders, including 24 years in construction and contracting, during which they contributed to major projects across Egypt, and 11 years in real estate development through participation in a wide range of property ventures.
This deep expertise allows the company to offer a unique and innovative real estate product, backed by a skilled executive and strategic team with proven capabilities in leadership and innovation.
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