Menassat Developments announced the nomination of Eng. Tarek Bahaa as the CEO of the company in mid-July 2021. The enlistment of Eng. Tarek Bahaa was based on his extensive experience and great knowledge in the field of real estate development and within the framework of the company’s plan to incorporate qualified and dedicated figures in its internal sectors, proving how the company is keen to build an integrated and well-developed entity with comprehensive and constructive knowledge.
Eng. Ahmed Amin Massoud, Chairman of Menassat Developments, said that the introduction of Eng. Tarek Bahaa as the CEO of the company aims to lead the company’s efforts to achieve sustainable successes across all its departments, commercial, financial as well as operational. In addition to developing long-term strategies and plans that are committed to achieving the expansion that the company seeks to implement in terms of new and distinguished projects in addition to completing the company’s track of achievements while enhancing the company’s vision in the growth of all its sectors.
He also highlighted that Eng. Tarek Bahaa has an accumulated experience of nearly 26 years in the Egyptian, African and Gulf real estate market and has held important positions in local and international companies that are among the most prominent real estate development companies in Egypt, Africa and the Gulf. Menassat Developments aims to launch a series of various projects, especially with the diversity of investment opportunities in the Egyptian real estate market and the existence of a stimulating environment for investment. Menassat Developments was founded by a group from the New Cairo and Administrative Capital Developers Association members with substantial experience in the field of investment and real estate
