Marakez Developments 07 December 2021 Last Updated At (7 Properties) (2 Projects)

"Marakez" Developments is one of the strongest real estate companies in Egypt. Marakez is based on an innovative vision that aims to provide integrated complexes that meet the needs of the Egyptian society, combining shopping, entertainment, and housing in one place. It is also the right-hand arm of the Fawaz Al Hokair’s Group, which has enormous potential and expertise in many different fields.

Fawaz Alhokair Group was founded in 1989 by 3 brothers: Fawaz, Salman, Abdul Majeed and Abdul Aziz Alhokair. The company began its journey by opening two menswear stores. Over time, the group expanded to become one of the largest investment groups, investing in many different fields such as: Fashion, real estate development, financial services, construction, healthcare, hospitality, and energy. 

Not only that, but the group's activity extends to the fashion retail sector. It operates in 16 countries with more than 2,100 stores and represents more than 80 international brands. In real estate, the group operates 17 malls covering more than 1.6 million square meters of commercial space. Al Hokair Group is one of the largest developers in the Middle East, North Africa, the United States and Central Asia.

Following the success of Mall of Arabia, the Group established Marakez in 205 by a team of some of the best experts in the field of development: CEO: Basil Ramzy, Executive Vice President: Ahmed El Demerdash Badrawy, Technical Director: Mohamed Badr. This team contributed to the company's success in a short time thanks to their expertise and dedication.

Marakez has launched its new residential project in the heart of New Cairo, Crescent Walk 6th Settlement. The compound comes with a very distinctive design as it is taken from the designs and atmosphere of Zamalek and Maadi. The compound occupies an area of 118 acres and is considered one of the largest residential projects in the compound. It is easily accessible from Teseen Street and the Central Ring Road. The compound also contains multiple residential options including: Apartments, Townhouses, Twin Houses, and Stand Alone.

The group's current investments span across the Middle East, North Africa, Europe, the United States, and Central Asia, making it one of the largest retail and real estate development companies in Saudi Arabia and the Middle East.

As a result of the group's unparalleled success, it was inevitable to expand into new business sectors covering today's sectors such as construction, financial services, healthcare, hospitality, and energy.

Marakez Development Company's Projects

The company has a strong and successful projects such as: 

1. Aeon towers in October
2. District Five New Cairo
3. DM Five Fifth Settlement.
4. Crescent Walk New Cairo
5. Mall of Arabia.
6. Mansoura Mall.
7. Tanta Mall.
8. Minhouse Offices.