{"id":3429,"date":"2021-11-02T14:15:42","date_gmt":"2021-11-02T12:15:42","guid":{"rendered":"https:\/\/aqartrendeg.com\/?p=3429"},"modified":"2021-11-02T14:15:42","modified_gmt":"2021-11-02T12:15:42","slug":"misr-italia-properties-signs-partnership-with-valu-to-facilitate-its-clients-move-to-il-bosco-project-at-the-new-administrative-capital","status":"publish","type":"post","link":"https:\/\/aqartrendeg.com\/en\/3429\/","title":{"rendered":"Misr Italia Properties Signs Partnership with valU to facilitate its clients move to IL BOSCO project at the New Administrative Capital"},"content":{"rendered":"<p class=\"yiv6543197460MsoNormal\"><span lang=\"EN-GB\"><em><strong>Misr<\/strong><\/em> Italia Properties\u2019 Egypt \u2018s leading real estate developer, and leading Buy-Now Pay-Later (BNPL) fintech platform valU<\/span><span lang=\"EN-CA\">,\u00a0<\/span><span lang=\"EN-GB\">announced today that they have signed an agreement to offer Misr Italia clients home improvement and finishing financing through the valU platform. The agreement was signed today during a ceremony attended by, Mohamed Khaled El Assal, CEO and Managing Director of Misr Italia Properties and Walid Hassouna, CEO of the Non-Bank Financial Institutions (NBFI) platform at EFG Hermes and CEO of valU.<\/span><\/p>\n<p class=\"yiv6543197460MsoNormal\">valU will provide Misr Italia Properties\u2019 clients with its home improvement financing solutions, with facilities extending to include property finishing and furnishing costs backed with easy payment plans, allowing clients to pay in installments for up to 48 months at a value of up to EGP 2.4 million per client.<\/p>\n<p class=\"yiv6543197460MsoNormal\"><span lang=\"EN-GB\">Mohamed Khaled El Assal, CEO and Managing Director of Misr Italia Properties<\/span><span lang=\"EN-GB\">\u00a0said: \u201c<\/span><a rel=\"nofollow noopener noreferrer\" name=\"_Hlk86476723\"><\/a>Life is starting in the New Administrative Capital. As Misr Italia Properties was the first private real estate developer to start delivering in the New Capital with its project, IL BOSCO.\u00a0<span lang=\"EN-GB\">This partnership with valU is part and parcel of our strategy to provide a variety of integrated benefits to our clients. MIP is offering its clients internal finishing services for their homes in collaboration with top-notch interior designer TDF. Homeowners will have different payment plans and financing facilities over up to 48 months through valU.\u00a0<\/span><span lang=\"EN-GB\">W<\/span><span lang=\"EN-GB\">e\u2019re happy to be once again partnering with EFG Hermes\u2019 NBFI platform to help us meet our strategic growth needs.\u201d \u00a0<\/span><\/p>\n<p class=\"yiv6543197460MsoNormal\"><span lang=\"EN-GB\">Walid Hassouna, CEO of the NBFI platform at EFG Hermes and CEO of valU<\/span><b><span lang=\"EN-GB\">\u00a0<\/span><\/b>said: \u201cCapitalizing on valU\u2019s long-standing presence in home improvement financing in the real estate space, we\u2019re thrilled to be partnering with one of the leading developers in the market today to provide their clients with financing solutions that meet their lifestyle needs. As MENA\u2019s first and Egypt\u2019s leading BNPL platform, our central mission is to provide seamless and swift access to financing through our wide-ranging, tailored solutions \u2014 and we could not think of a better partner than Misr Italia Properties to drive this mission forward.\u201d<\/p>\n<p class=\"yiv6543197460MsoNormal\">The collaboration also forms part of EFG Hermes\u2019 strategy to optimize synergies between its business lines and promote cross-selling opportunities across its NBFI platform.\u00a0In October,\u00a0EFG Hermes Corp-Solutions, one of Egypt\u2019s leading leasing and factoring companies, signed a sale and leaseback agreement\u00a0amounting to EGP 750 million\u00a0with Misr Italia Properties to refinance its state-of-the-art\u00a0Garden 8 Mall.<\/p>\n<p class=\"yiv6543197460MsoNormal\">Misr Italia Properties is a premier Egyptian real estate developer specializing in luxury residential, commercial, hospitality, and leisure properties. Its developments include IL BOSCO, VINCI &amp; VINCI Street in the New Administrative Capital, La Nuova Vista, Garden 8, Cairo Business Park and Hilton Garden Inn in New Cairo, IL BOSCO City New Cairo, and Kai Sokhna and Hilton Ain El Sokhna.<\/p>\n<p class=\"yiv6543197460MsoNormal\">valU has made numerous strides to expand its service offering in numerous sectors, from education to healthcare, e-commerce to retail and, more recently home improvement financing in the real estate sector. valU has been recognized for these pioneering endeavors numerous times this year alone, winning \u201cFintech Company of the Year\u201d at both Entrepreneur Middle East\u2019s Tech Innovation Awards 2021 and the inaugural Gulf Business Tech Awards 2021,\u00a0valU also ranked 5th in the Forbes Middle East Top Fintech Apps in the Middle East 2021 listing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Misr Italia Properties\u2019 Egypt \u2018s leading real estate developer, and leading Buy-Now Pay-Later (BNPL) fintech platform valU,\u00a0announced today that they have signed an agreement to offer Misr Italia clients home improvement and finishing financing through the valU platform. The agreement was signed today during a ceremony attended by, Mohamed Khaled El Assal, CEO and Managing &hellip;<\/p>\n","protected":false},"author":2,"featured_media":3425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[1316,1317],"class_list":["post-3429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-news","tag-misr-italia-properties","tag-valu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.1 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Misr Italia Properties Signs Partnership with valU to facilitate its clients move to IL BOSCO project at the New Administrative Capital - \u0639\u0642\u0627\u0631 \u062a\u0631\u064a\u0646\u062f - Aqar Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aqartrendeg.com\/en\/3429\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Misr Italia Properties Signs Partnership with valU to facilitate its clients move to IL BOSCO project at the New Administrative Capital - \u0639\u0642\u0627\u0631 \u062a\u0631\u064a\u0646\u062f - Aqar Trend\" \/>\n<meta property=\"og:description\" content=\"Misr Italia Properties\u2019 Egypt \u2018s leading real estate developer, and leading Buy-Now Pay-Later (BNPL) fintech platform valU,\u00a0announced today that they have signed an agreement to offer Misr Italia clients home improvement and finishing financing through the valU platform. The agreement was signed today during a ceremony attended by, Mohamed Khaled El Assal, CEO and Managing &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aqartrendeg.com\/en\/3429\/\" \/>\n<meta property=\"og:site_name\" content=\"\u0639\u0642\u0627\u0631 \u062a\u0631\u064a\u0646\u062f - Aqar Trend\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/aqartrendeg\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-02T12:15:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/aqartrendeg.com\/wp-content\/uploads\/2021\/11\/\u0645\u0635\u0631-\u0627\u064a\u0637\u0627\u0644\u064a\u0627-\u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629-\u062a\u0648\u0642\u0639-\u0627\u062a\u0641\u0627\u0642\u064a\u0629-\u062a\u0639\u0627\u0648\u0646-\u0645\u0639-\u06a4\u0627\u0644\u064a\u0648-\u0644\u062a\u064a\u0633\u064a\u0631-\u0627\u0646\u062a\u0642\u0627\u0644-\u0639\u0645\u0644\u0627\u0626\u0647\u0627-\u0644\u0645\u0634\u0631\u0648\u0639-\u0627\u0644\u0628\u0648\u0633\u0643\u0648-\u0628\u0627\u0644\u0639\u0627\u0635\u0645\u0629-\u0627\u0644\u0625\u062f\u0627\u0631\u064a\u0629-\u0627\u0644\u062c\u062f\u064a\u062f\u06290-scaled.jpg?fit=2560%2C1707&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mona Elbahrawy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@aqartrendeg\" \/>\n<meta name=\"twitter:site\" content=\"@aqartrendeg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mona Elbahrawy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3429\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3429\\\/\"},\"author\":{\"name\":\"Mona Elbahrawy\",\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/#\\\/schema\\\/person\\\/1e74339ed1023a8d447485118db27351\"},\"headline\":\"Misr Italia Properties Signs Partnership with valU to facilitate its clients move to IL BOSCO project at the New Administrative Capital\",\"datePublished\":\"2021-11-02T12:15:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3429\\\/\"},\"wordCount\":572,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3429\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/aqartrendeg.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/\u0645\u0635\u0631-\u0627\u064a\u0637\u0627\u0644\u064a\u0627-\u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629-\u062a\u0648\u0642\u0639-\u0627\u062a\u0641\u0627\u0642\u064a\u0629-\u062a\u0639\u0627\u0648\u0646-\u0645\u0639-\u06a4\u0627\u0644\u064a\u0648-\u0644\u062a\u064a\u0633\u064a\u0631-\u0627\u0646\u062a\u0642\u0627\u0644-\u0639\u0645\u0644\u0627\u0626\u0647\u0627-\u0644\u0645\u0634\u0631\u0648\u0639-\u0627\u0644\u0628\u0648\u0633\u0643\u0648-\u0628\u0627\u0644\u0639\u0627\u0635\u0645\u0629-\u0627\u0644\u0625\u062f\u0627\u0631\u064a\u0629-\u0627\u0644\u062c\u062f\u064a\u062f\u06290-scaled.jpg\",\"keywords\":[\"Misr Italia Properties\",\"valU\"],\"articleSection\":[\"Companies News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3429\\\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/#organization\"}},{\"@type\":[\"WebPage\",\"SearchResultsPage\"],\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3429\\\/\",\"url\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3429\\\/\",\"name\":\"Misr Italia Properties Signs Partnership with valU to facilitate its clients move to IL BOSCO project at the New Administrative Capital - 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