Andersen Global
Worldwide Locations:
Egypt
Real estate disputes are leaving many buyers in Egypt with undelivered units, missing utilities, and projects that look nothing like what was promised. In response, Andersen Egypt has launched a focused class action initiative to bring affected purchasers together, strengthen their legal position, and pursue meaningful remedies. The initiative targets serious delay, non-delivery, misleading marketing, and other forms of real estate misconduct.
Wilzy Financial Holding has been valued at approximately EGP 1.6 billion (EGP 10.83 per share) in an independent fair value report, underpinning its planned capital increase and its strategy to modernize brokerage and asset management services through a next-generation digital platform tailored to the Egyptian market.
Osool Brokerage has received an independent fair value report supporting its upcoming EGP 100 million capital injection from UAE-based Amas Investments. The valuation—conducted in line with Egyptian Valuation Standards (EVS) and filed with the Egyptian Exchange—assessed Osool at EGP 343 million, reinforcing investor confidence and regulatory transparency.
In a case that highlights the serious legal risks surrounding the use of fingerprints in inheritance-related transactions, attorney Maher Milad Iskander, representing the heirs, succeeded in obtaining a judicial ruling nullifying a fraudulent real estate sale contract.
