The General Assembly of Misr Real Estate Assets Company convened on Monday, May 4, 2026, under the chairmanship of Mr. Khalil Shaat, Chairman of the Board, in the presence of Ms. Bahia Ismail, Chief Executive Officer of Misr Insurance Holding Company, members of the company’s Board of Directors, representatives of the Central Auditing Organization, and representatives of the financial auditing firm GT. During the meeting, the company’s financial statements for the period from January 1, 2025, to December 31, 2025, were approved.
Ms. Maha Abdel Razek, Chief Executive Officer of Misr Real Estate Assets Company, stated that the company achieved strong results in its targeted growth rates during 2025, with total operating revenues reaching EGP 1.045 billion and net profit after taxes amounting to EGP 490.8 million.
She further noted that the company continues to implement its digital transformation strategy aimed at enhancing operational efficiency and effectiveness through the development of key digital transformation pillars. These include improving human resource capabilities, re-engineering workflow processes, upgrading the rent collection system, automating operational processes within the real estate portfolio management system, implementing an electronic archiving project, and digitizing internal workflow cycles.
The company has also adopted a comprehensive approach to enhancing human capital efficiency by offering specialized training programs, culminating in several employees obtaining internationally recognized certifications, reflecting the company’s ongoing commitment to professional excellence and keeping pace with market developments.
She concluded by emphasizing that the company owns one of the largest institutional real estate portfolios distinguished by its unique architectural heritage. The company also actively participates in the state’s efforts to restore the historical and cultural identity of Historic Cairo through an integrated development plan involving all relevant stakeholders. The initiative aims to revive the splendor and elegance of Downtown Cairo and Khedivial Cairo, while achieving the necessary modernization and development to maximize the economic, social, and cultural value of this unique real estate wealth.