Cairo-based proptech startup Nawy has secured $75 million in equity and debt to expand across the Middle East and North Africa, marking one of the largest funding rounds in Egypt’s real estate tech sector to date.
The round, backed by a mix of regional and global investors, will be used to grow Nawy’s presence in Saudi Arabia, the UAE, and other Gulf markets. It also supports investments in AI-powered recommendation tools, digital financing services, and on-ground sales teams. The round combines equity and venture debt, a structure increasingly common in MENA’s maturing tech ecosystem.
While the investors remain undisclosed, the deal reflects rising confidence in Egypt’s tech talent and startup infrastructure. “Nawy has built a model that blends technology with deep market expertise,” said one investor familiar with the deal. “They’re positioned to transform how homes are discovered, financed, and bought across the region.”
From listings to end-to-end transactions
Founded in 2016, Nawy started as a property search engine. It now offers a full-stack platform where users can explore listings, compare prices, secure financing, and close deals entirely online. The platform currently serves tens of thousands of users per month in Egypt, with plans to double that number as it enters new markets.
CEO: ‘MENA needs more buyer-first platforms’
“We’re building for the modern buyer—someone who wants speed, transparency, and trust,” said Nawy CEO [Insert Name]. “This funding gives us the firepower to bring our model to more markets and to deepen our tech stack.”
Real estate tech heats up in MENA
MENA’s proptech sector is gaining momentum, with digital platforms solving legacy pain points in home discovery, verification, and financing. Saudi Arabia’s ongoing Vision 2030 housing projects and the UAE’s competitive property market are drawing investor attention to scalable real estate technologies.
With this raise, Nawy joins a cohort of Egyptian startups—such as MaxAB, MoneyFellows, and Khazna—pushing beyond local borders into Gulf markets with deep pockets and digital adoption at scale.
