Dubai – Masaader News
Al Marasem is exploring the development of 250 feddans in East Cairo and 300 feddans in West Cairo.
8 billion EGP planned investments in 2025; 39.5 billion EGP sales achieved in 2024.
Real estate portfolio nears 1,000 feddans; 2 billion EGP in investments by subsidiaries in 2025.
Al Marasem group comprises a team of 4,560 employees, supported by thousands of additional indirect workers throughout its various projects.
All Residential units in Fifth Square will be delivered by mid-2026.
Al Marasem is currently revising its financial strategy to settle all its financial obligations and is considering new funding models such as REITs.
Al Marasem: 28 Years of Achievement in Egypt
Founded in 1997, Al Marasem International for Development has been operating in Egypt for 28 years, With a legacy of over 90 years of regional expertise. The company specializes in two principal sectors: the construction industry and the real estate development.
To support its activities in both sectors, Al Marasem has established six specialized subsidiaries:
ICPM (the company’s industrial arm)
Al Marasem Trading Company
Fifth Square Facility Management Company
Marota: Hotels Management (in partnership with Rotana)
Al Marasem Assets Management
Specialized Construction Company
To support its activities in both sectors, Al Marasem has established six specialized subsidiaries:
ICPM (the company’s industrial arm)
Al Marasem Trading Company
Fifth Square Facility Management Company
Marota: Hotels Management (in partnership with Rotana)
Al Marasem Assets Management
Specialized Construction Company
Al Marasem Group workforce comprises 4,560 employees, including engineers, technicians, and administrative staff along with Indirect employment significantly exceeding this figure. In 2025, the Group’s subsidiaries are set to invest 2 billion EGP across a range of strategic projects
Fifth Square: Al Marasem’s First Residential Development
Al Marasem real estate development sector launched its first project Fifth Square in 2017, in the heart of New Cairo’s Fifth Settlement. Spanning 158 feddans and designed to reflect the latest contemporary architectural trends,
The project comprises a fully integrated residential compound featuring:
3,200 residential units across 218 apartment buildings
171 standalone villas, townhouses, and twin houses
581 serviced hotel apartments
commercial mall with over 370 retail units (built-up area of 220,000 square meters)
an office building
Along with a wide range of social and recreational facilities to ensure a luxurious experience for its residents.
Commitment to Quality and Timely Delivery: Al Marasem’s Promise to Its Clients
To Maintain and build its brand name and reputation as a trusted real estate developer in the Egyptian market, Al Marasem has prioritized timely delivery supported by its construction arm. To date, the company has delivered over 2,428 residential units on schedule in full accordance with clients’ contractual commitments.
1,815 families are currently living in the compound, reflecting an occupancy rate of nearly 75%. This figure continues to rise due to the company’s successful property management approach, which ensures a comfortable and sustainable living experience. The final phase of residential unit deliveries-comprising 967 units-is scheduled for completion by mid-2026. The second half of 2026 will mark the end of all construction works within the residential zones of Fifth Square compound.
Innovative Financing Mechanisms and a Robust Financial Strategy
Fifth Square project was financed through a syndicated facility secured by a consortium of banks led by Banque Misr. Thanks to the project’s success, Al Marasem was able to accelerate the repayment of this facility which came aligned with its strategy to enhance its financial performance and improve its capital structure. The company is currently exploring new financing models such as real estate investment trusts (REITs).
Following Al Marasem’s Success in its development project “Fifth Square”, the company launched two new development projects in Egypt’s fastest-growing real estate hubs, expanding its land portfolio to nearly 1,000 feddans:
Mar Ville, in New Sheikh Zayed City (111 feddans), launched in Late 2023
Mar Bay, in Ras El Hekma – North Coast (640 feddans), launched in Summer 2024
Since its inception, Al Marasem International has contributed to numerous national construction and development projects across Egypt in different segments such as aviation, housing, education, hospitality, retail, healthcare, and entertainment. Its record in both sectors reflect a lon
gstanding and ongoing commitment towards supporting Egypt’s broader development goals.