The Moghamra Podcast · 26 Jun 2025
من التأسيس إلى الاستحواذ: Nawy Unlocked

About this episode
In this episode, we sit down with Mahmoud Abdel-Maksoud, Co-CEO of Nawy Unlocked. Mahmoud was the Founder of ROA, a real estate startup that specialized in turning unfinished or underutilized properties into ready-to-rent income-generating units. ROA was recently acquired by Nawy, Africa's Largest Proptech, to power its new service: Nawy Unlocked.We talk about Mahmoud’s journey from operations to entrepreneurship, the early days of ROA, and how he spotted a gap in the market for serving property owners who had idle real estate but didn’t know where to start.We also dive into how the acquisition came together, what Nawy is building with this new service, and how Nawy Unlocked offers everything from finishing and furnishing to rental management, including covering up to 50% of finishing costs, repaid later through rental income.Founded in 2023, ROA scaled quickly across key compounds in Cairo before being fully integrated into Nawy. The new service aims to activate real estate assets across Egypt, helping more owners turn property into profit.
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