Arab Finance: Ayman Abbas, CEO of Intro Holding Group, has acquired a 10% stake in the Aqar Exit platform, bringing its valuation to EGP 100 million ($2 million), Founder and Chairman Mahmoud Ammar told Al Arabiya Business.
The platform will utilize the capital increase to launch new products and support expansion plans into foreign markets, with a focus on the Gulf region, as part of the company’s strategy to strengthen its operations in the real estate market.
Ammar added that the company aims to conduct a $5 million funding round in 2027, with the participation of investors, business figures, and investment funds from both Egypt and abroad, to support growth and regional expansion plans.
Launched in July 2026, the platform has closed 638 deals at a combined value of EGP 9 billion. Of these, 404 deals were closed in September alone, compared to 233 in the preceding month.
Ammar highlighted that Aqar Exit has recorded 14,845 assignment files submitted by 11,833 sellers, while the total buy orders reached 67,013, submitted by 32,870 unique buyers.
The average number of daily purchase requests jumped by 58% to 1,060 from 671 in the previous period. Meanwhile, the average number of weekly closed deals increased by 148% to 85 deals, compared to 34.
