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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.
