Al-Tameer Mortgage Finance – Al Oula is accelerating its expansion strategy in 2026, driven by rising demand for mortgage finance and an expanded suite of financing solutions for real estate developers aimed at boosting liquidity in Egypt’s property market and helping developers deliver projects on schedule.
Ayman Abdel Hamid, CEO and Managing Director of Al Oula, said the company has provided EGP 2.7bn in mortgage financing since the start of 2026 and aims to increase total financing to EGP 5bn by the end of the year as part of its strategy to expand its market share and broaden its customer base.
Abdel Hamid said the company currently offers two flagship products, Wafra and Mahafez, with the latter specifically designed to provide liquidity solutions for real estate developers. The product enables developers to unlock capital tied up in customer receivables, helping accelerate project execution and improve cash flow.
He added that Al Oula plans to expand both products over the coming years, targeting cumulative issuances of between EGP 10bn and EGP 12bn.
According to Abdel Hamid, Mahafez enables developers to secure immediate liquidity by monetising portfolios of post-dated cheques and customer instalment receivables instead of waiting years to collect payments.
The financing structure is backed by future cash flows generated from buyers’ instalments, with the homebuyer remaining the primary obligor, while developers receive financing through escrow accounts without taking on additional debt.
The company has recorded strong growth in its developer financing solutions, with the value of financed portfolios rising from EGP 760m in 2021 to EGP 3.7bn in 2023, before increasing further to EGP 4.4bn in 2025.
Abdel Hamid said fluctuations in issuance volumes during certain periods reflected some developers’ decisions to manage their financing portfolios internally rather than any decline in demand for the Mahafez product.
As part of its expansion strategy, the company is in advanced negotiations to acquire several financing portfolios, including one owned by the New Urban Communities Authority (NUCA), to strengthen its mortgage finance business and diversify its funding base.
He added that Al Oula will continue developing financing products tailored to the needs of both homebuyers and real estate developers, supporting sustainable growth in Egypt’s mortgage finance market while providing additional liquidity to the real estate sector.
