UCO Advises Arab Region’s Leading Multiple Listing Service to Further Drive Innovation and Transparency, Benefitting Real Estate Professionals and Consumers

FLORIDA, USA (Oct. 5, 2024) – UCO, a subsidiary of Stellar MLS, a leading multiple listing service (MLS)

in the U.S. and the fastest-growing in the world, has announced an agreement with Arab MLS to enhance

the real estate practices across the Arab region and beyond. UCO will advise Arab MLS to further drive

their commitment to deliver efficiency, transparency and quality user experience, and redefine the way

people connect with properties and elevate the entire real estate journey, starting with Egypt, Dubai,

Kuwait, Bahrain, Qatar, and Saudi Arabia.

Arab MLS is at the forefront of revolutionizing real estate in the Arab region with an MLS that serves as

the foundation for smooth and efficient property transactions and a vision to transform the real estate

landscape into a connected and empowered ecosystem. They represent a forward-thinking approach in

the MENA region and the Arab world to implement the MLS system, hence modernizing the real estate

industry. Arab MLS not only provides an MLS solution but also offers a comprehensive marketplace

hosted on a governmental domain. They have developed other integrated systems around the MLS and

marketplace, designed to better serve their clients and the broader real estate ecosystem. Having the

backing of key governmental entities and significant financial institutions further demonstrates the

strength and reliability of Arab MLS’s platform.

Through UCO, Stellar MLS brings its expertise and experience to augment Arab MLS’s innovative

solutions and comprehensive suite of services, which create a future where everyone can easily navigate

the world of real estate, making informed decisions and achieving their aspirations of finding the perfect

home by setting new standards for efficiency, transparency and user experience. UCO will serve as a key

advisor to Arab MLS, including technology, business strategy, and operational efficiencies to scale the

fast-growing membership and vendor management.

“Our relationship with Arab MLS stems from a shared vision of fostering a modern and accessible real

estate ecosystem that enhances trust and transparency,” said Merri Jo Cowen, CEO of Stellar MLS and

UCO. “We are excited to bring our experience to the table with the goal of elevating the real estate

industry in the Arab region and globally.”

“Our collaboration with UCO marks an important milestone in our mission to drive innovation and

transparency within the real estate industry,” said Ahmed Elbatrawy, Founder and CEO of Arab MLS. “By

combining our expertise and culture awareness of the marketplace with UCO’s experience and forward-

thinking approach, we aim to create a more efficient and accessible marketplace that benefits real estate

professionals and consumers alike, setting a new standard for the real estate sector in Egypt and beyond,

ensuring a future where trust, technology, and growth go hand in hand.”

“Arab MLS understands the diverse needs of the real estate sector in the Arab region,” said Marion

Weiler, UCO Vice President of Global Markets and Stellar MLS Vice President of Marketing and

Communications. “We are excited to share ideas to further leverage their innovative tools and

technology. Together, we are reaffirming our commitment to providing cutting-edge solutions and

forward-thinking strategies to ensure that real estate professionals and consumers alike benefit from an

enhanced industry landscape.”

UCO has been actively engaged in global forums in France and Germany to support a forward-thinking

approach to transforming the real estate industry. In October, UCO is a title partner of the International

MLS Forum in Milan, where representatives of 45+ global markets will meet to understand and develop

the MLS concept to bring about trust and transparency. UCO’s presence is supported through its

partnerships with CEPI, the European Association of Real Estate Professions, and FIABCI, the

International Real Estate Federation.

About UCO

With a mission to support real estate professionals across the globe, UCO offers expertise including but

not limited to market entry, MLS development, and cross-border transactions. This expertise stems from

a management team with over 100 years of combined experience in the real estate industry, including

globally recognized business leaders who have worked with world-class organizations, and international

professionals with 40 years of collective global experience, many of whom are fluent in multiple

languages. By collaborating with global organizations like CEPI and FIABCI, UCO delivers tailored

solutions to help real estate markets thrive globally, with an emphasis on trust, transparency, innovation,

and sustainable growth. Whether you are enhancing existing operations or building new ones from the

ground up, UCO is committed to helping real estate markets thrive – UCO specializes in meeting clients’

unique needs, wherever they may be in their MLS journey.

About Arab MLS

Arab MLS is at the forefront of revolutionizing real estate in the Arab region. Our main product, the MLS,

serves as the foundation for smooth and efficient property transactions, connecting buyers and sellers

seamlessly. Beyond MLS, we offer a comprehensive suite of services, including IDX solutions for

advanced property searches, insurance for added security, property data solutions for valuable market

insights, mortgage solutions to facilitate financing, enterprise solutions to optimize real estate

businesses, real estate AI for data-driven decisions, and geo-fencing for location-based insights. With a

focus on innovation and expertise tailored to the unique demands of the Arab real estate market, we

are committed to empowering your success in this dynamic industry.