MBH advises Belmazad on its partnership with Banque Misr

Matouk Bassiouny & Hennawy (“MBH”) acted as the legal counsel to Belmazad, in connection with its strategic partnership with Banque Misr, the lead investor.
This investment supports the Egyptian government’s goal of accelerating digital transformation and promoting technology in real estate asset management.

Belmazad will now feature real estate owned by Banque Misr, available for bidding in an open auction.

MBH’s team

Partner and Head of Fintech, ECVC Mohamed Essam (pictured) led MBH’s team, which further included associate Moustafa Rizk.
Head of Fintech, ECVC, Mohamed Essam, commented on the partnership saying: “By leveraging advanced technology, Belmazad will revolutionize the way real estate assets are managed and auctioned, making the process more transparent and accessible”.

Belmazad

Belmazad is a digital auction platform, crafted to redefine the real estate buying and selling journey, serving institutions, individuals, corporations, and brokers.

benedetta.miarelli@lcpublishinggroup.com

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