Egyptian Property Start-Up ‘Nawy’ Secures Seven-Figure Investment ...Egypt

The founders of Nawy. Nawy, a Cairo-based property-technology start-up, has secured a seven-figure investment in a seed round led by the Sawiris Family Office. The investment round also saw the participation of the CEO of the Etisalat Group, Hatem Dowidar. Founded in 2016 under the brand name ‘Cooing’ by Mohamed Abou Ghanima, Abdel-Azim Osman, Ahmed Rafea, Aly Rafea and Mostafa El Beltagy, Nawy provides an end-to-end platform for users to browse real estate properties located across Egypt. With the latest funds, Nawy plans to invest in their technology and to diversify their model to accommodate for a wider array of services. At the moment, Nawy allows users to run elaborate searches for pro

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