Marakez

Marakez Development was founded in 2015, and it is a key part of the Fawaz Al Hokair Group, which began in 1989 when three brothers—Fawaz, Salman, and Abdul Majeed Abdulaziz Alhokair—launched two menswear stores. Over the years, the Group has expanded significantly and now has a diverse range of investments, including construction, financial services, healthcare, hospitality, energy, fashion, and real estate development.Marakez Development has made a significant mark in Egypt by creating a variety of well-known mixed-use projects. Their developments stretch from the North Coast to New Cairo, showcasing their commitment to enhancing urban living across the country.Facts About Marakez EgyptRecognizing the potential of the Egyptian economy, the Fawaz Al Hokair Group formed a new team of talented young Egyptian professionals in September 2015. This team was tasked with establishing the largest mixed-use development and management company in Egypt. As a result, Marakez Development was created, with a mission to become the first-choice mixed-use developer in Egypt and the region. This initiative reflects the Group's commitment to contributing positively to Egypt's growth and development.Its vision is also to envision, build, and manage mixed-use developments that are the heart and soul of the communities they serve. It's worth noting some key figures that highlight the success of Marakez Developments:Experience: Marakez Real Estate Development Egypt has over 9 years of experience in the real estate sector.Land Area: The total land area of their projects exceeds 4 million square meters, showcasing their extensive footprint in mixed-use development.These figures underline Marakez Real Estate Developments' significant impact on the Egyptian real estate market and their dedication to creating vibrant communities.Marakez Development History Marakez Developments has built a remarkable history in the real estate sector, marked by significant milestones: Found...

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