Zawya - News: Egypt's "Thunder" aims to launch a real estate investment fund in the third quarter of this year - CEO

Shaimaa Hefzy

Thunder Investment and Financial Brokerage Company, an Egyptian firm, aims to launch a real estate investment fund during the third quarter of this year, according to Ahmed Hammouda, the company’s co-founder and CEO, during a session moderated by the Zawya Arabic team at the Money Made Simple conference in Sharm El Sheikh on Friday.

Since its launch in 2020, Thunder has operated as an intermediary to facilitate direct investment for its clients in Egyptian and US stocks, gold, mutual funds, and savings products. It obtained a license to launch investment funds at the end of 2025. Thunder operates in Egypt and has plans to expand into Gulf countries.

In response to a question about Thunder's plans to launch a new investment fund this year, Hamouda said, "What we are most excited about is a real estate fund," noting that the company is awaiting approval from the Financial Regulatory Authority on the fund's launch procedures.

Regarding the expected launch date of the fund, he said, "God willing, the third quarter."

(Prepared by: Shaimaa Hefzy, Edited by: Omnia Assem, Contact: zawya.arabic@lseg.com )

#Economic News

To subscribe to our weekly report covering economic news developments, register here.

Zawya platform disclaimer
Articles on the Zawya platform are provided for informational purposes only; the content does not offer any legal, investment, or tax advice, nor does it provide opinions regarding the suitability, profitability, or strategy of any investment or business portfolio . Terms and conditions apply.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.