Wajha Developments advances its expansion by appointing Mohamed Abdel Fattah as Managing Director, reinforcing its strategic leadership.
Wajha Developments has appointed Mr. Mohamed Abdel Fattah as Co-Founder and Managing Director. This step reflects the company’s focus on strengthening its management structure and advancing its expansion strategy. Moreover, his addition enhances the founding team’s expertise across construction, real estate development, entrepreneurship, finance, investment, and strategic marketing. Therefore, the company can build an integrated framework capable of delivering innovative real estate products.
The appointment of Mr. Mohamed Abdel Fattah marks an important milestone for Wajha Developments. It strengthens internal governance and begins a new phase of growth. Additionally, the company now operates with a strong institutional framework that enables it to pursue its strategic vision. This framework also supports the delivery of innovative development and financing solutions in Egypt’s real estate market.
Furthermore, the appointment represents a strategic move that reinforces internal governance. It also supports the company’s ability to manage planned growth. The current year marks its official launch. Meanwhile, 2026 is expected to present full execution of its vision and investment strategies.
Mr. Abdel Fattah brings extensive experience to Wajha Developments. His 15-year career includes senior roles in leading global and local companies. These roles span telecommunications, insurance, banking, real estate development, and finance. His experience covers Egypt, the UAE, Turkey, and Oman.
Academically, he holds an MBA and advanced diplomas in finance, technology, risk management, crisis management, innovation, valuation, and mergers and acquisitions. Additionally, he completed executive programs at the University of Oxford and the American University in Cairo. This background equips him to drive strategic growth and innovation.
He also offers strong experience in growth hacking. Over the years, he developed innovative growth strategies. He also supported companies through advanced stages of success. His role included expansion plans and institutional transformations. These were grounded in strategic planning and crisis management. This reflects the depth of his professional expertise.
On this occasion, Mr. Mohamed Abdel Fattah stated that his decision to join the company followed an in-depth analysis of the Egyptian market. He focused on the real opportunities that developers can address. Moreover, he highlighted the notable shortage of hotel rooms in the market. This challenge forms part of the company’s strategy for 2026.
He added that the company implements a clear vision based on new systems linking clients to real construction progress. WAJHA does not rely on equal installment plans. Instead, payment schedules are tied to real-time project execution. This enhances transparency and provides clients with genuine value aligned with actual progress.
He stated, “Linking payment installments to actual construction progress represents a strong mark of innovation that Wajha Developments is introducing. This approach sets a long-term path for creating a globally competitive model. It offers clients financial security and confidence in our ability to deliver on schedule. This is supported by the company’s solid financial standing.”
Furthermore, Mr. Abdel Fattah revealed plans to launch one or two new projects in 2026. He also confirmed a strategic expansion of the company’s land portfolio. Wajha Developments is exploring new land in the Red Sea and Sheikh Zayed. Additionally, the company is evaluating opportunities in New Cairo.
Wajha Developments leverages more than 35 years of combined experience among its founders. This includes 24 years in construction and contracting. During this period, they contributed to major projects across Egypt. It also includes 11 years in real estate development through participation in multiple ventures. Consequently, this expertise enables the company to offer unique and innovative real estate products. It is also supported by a skilled executive and strategic team with strong capabilities in leadership and innovation.
