Shatabli Company signs a partnership agreement with Contact Finance to serve the real estate market

Eman Al-Wasili Issued from Cairo –

March 2022

Mustafa Amer: We aim to present Services of designing and executing decoration and finishing works of the highest quality in the shortest period of time to contribute to bridging the gap of the finishing crisis in the real estate sector

Saeed Zaatar: We have the ability to provide innovative financial solutions to serve Shatabli clients

Occurred Shatabli Company, the owner of the first electronic platform specialized in the design and implementation of decoration and finishing works, has signed a partnership agreement with Contact Finance, the leading company in the field of non-banking financial services in Egypt, with the aim of achieving Shatabli Company’s vision and expansion plans in the Egyptian real estate development sector. By providing innovative financing programs offered by the company in cooperation with Contact to Shataly clients in the Egyptian market. The partnership agreement comes within the framework of the Egyptian state’s orientations towards digital transformation through technological applications supported by innovative financial solutions, which is integrated with the vision of both Shatbly and Contact companies, and this comes at a time when Shatbly Company succeeded in presenting a model Unique and innovative that aims to bridge the large gap that the real estate market suffers from due to the delay in the finishing of housing units, where the difficult equation is achieved by reducing the time period, reducing the cost and raising the quality rates in the finishes, all through an interactive electronic platform characterized by flexibility and working under the slogan “Choose the design of your home in less From 300 a minute.. I live during day”.

2022 The Shatably platform relies on an easy and simple interactive interface, allowing customers to choose the designs, materials, finishes and decorations of their units Residential through simple steps, so that the platform displays prices with utmost accuracy, and therefore the platform is included with a digital interactive calculator that instantly updates the cost when any change is made, and shows the customer the total cost and the value of the monthly installment, without any other hidden costs, in order to clarify the cost of the design of each client including It is in line with its budget and monthly income, provided that this process is completed in a few minutes, after which the implementation work begins in a maximum period 90 Only one day.

On this occasion, Mr. Saeed Zaatar said, Managing Director and CEO of Contact Financial Holding: “The cooperation with Shatabli Company comes within the framework of our support for new digital solutions in the Egyptian market, especially those aimed at supporting and developing the real estate sector. Various financing programs that will provide the opportunity for the largest number of customers to complete the design and implementation of decoration and finishing works for their residential units through simple steps.”

Thyme explained, a “Contect has innovative ways and means of financing to serve its customers, and we believe that enabling technology tools is the fastest way to achieve the goals of digital transformation, which is directly reflected in promoting the growth of the Egyptian economy,” noting that what Shatbly offers through a single platform enables the customer to obtain business financing. Finishing assembled instead of the traditional model that depends on financing the purchase of materials and contracting for finishes, which represents an unprecedented solution for customers.

For his part, Mostafa Amer, CEO of the Shatbly platform, expressed his happiness with the partnership agreement with Contact Holding, stressing that it comes within the framework of the company’s expansion plan after the success of the first pilot phase and after confirmation From the clients’ need for innovative financing solutions that guarantee them to obtain the service in the shortest possible period of time, with the highest quality and the best payment methods. Amer pointed out that Shatbly owns an integrated work team that includes decor engineers, experts and professional technicians in finishing works, along with a technical support team and a base of the best raw materials suppliers, which guarantees the customer the best model that helps solve The Egyptian real estate market suffers from a major crisis, which is the length of the finishing period and the resulting disputes, whether due to the discrepancy in prices or poor quality provided, especially in luxury housing units.