Mohamed Mustafa, Chairman of the Marketing and Media Committee of the Real Estate Developers Association and CEO of Mazaya Company, confirmed on the sidelines of the annual meeting of the Real Estate Developers Association that holding the General Assembly this year came with a new spirit and different ideas, as it was not limited to approving the annual budget, honoring members, and handing over shields and certificates of appreciation to companies only. Rather, it served as a fruitful forum for members to exchange experiences and discuss the most important variables of the real estate market.
Mustafa explained that the Marketing and Media Committee was keen to structure the day in a distinctive and different way to ensure that it is an integrated event that combines the official and discussion aspects between all committees in the association and the participation of members with the aim of enriching the audience in a way that serves their work and enhances the success of their companies in a fundamental way.
Mustafa added that the Association’s Evaluation and Investment Committee also organized a specialized symposium entitled “Taxes and Everything Related to the Tax File,” in which a group of experts and specialists participated, providing practical solutions and clear answers to everything related to the tax file, which was positively reflected on the attendance of financial managers in real estate companies. The day also included organizing two dialogue sessions, the first entitled “The Role of the Developers Association in Unifying the Egyptian Real Estate Voice.” Which discussed the laws and legislation affecting the market, and the importance of unifying joint efforts and initiatives between companies to enhance negotiating power with regulatory authorities. The second session was titled “How does the developer keep pace with change?” It addressed the challenges and opportunities resulting from the rapid changes in the Egyptian real estate market, and the role of developers in keeping pace with development and innovation to provide added value to customers.
The Chairman of the Association’s Marketing and Media Committee concluded his statements by stressing that the Real Estate Developers Association will continue to organize qualitative events that bring together members and open serious channels of dialogue on the most important issues and challenges on a regular basis, in a way that contributes to supporting the Egyptian real estate market and creating a more stable and flexible work environment.
