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Key people at Marakez.
Marakez is a prominent mixed-use real estate developer in Egypt, specializing in integrated residential and commercial projects. Its portfolio includes major retail destinations like Mall of Arabia and Mall of Tanta, alongside residential communities such as District Five. The company constructs environments blending living, shopping, and working spaces.
Operating as the real estate arm of the Fawaz Al Hokair group, Marakez draws on a heritage dating to 1989. The parent group, a multinational conglomerate, thrived in retail, managing numerous international fashion brands and an extensive network of stores and malls. This insight into commercial property provided impetus for expansion into mixed-use developments via Marakez.
Marakez serves urban populations and businesses seeking integrated living and operational solutions within Egypt. Its vision involves transforming urban landscapes by creating sustainable, vibrant communities that elevate quality of life. The company aims to expand its designed developments, contributing to regional progress and establishing new benchmarks for urban living.
Key people at Marakez.
Marakez has 1 tracked investment across 1 company. The latest tracked deal is $10.0M Pre-Series C in elmenus in July 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 18, 2021 | elmenus | $10.0M Pre-Series C | Ashraf Sabry | Luxor Capital |