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Marquee Developments Spreads to Egyptian Market

Tribe Techie

Tribe Techie

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1 min readNov 18, 2024
Marquee Developments Spreads to Egyptian Market

Marquee Developments, a company backed by European-Egyptian investment, has officially entered the Egyptian market.

The company’s entry is heralded by a series of nationwide development projects, aiming to make a significant mark on the country’s real estate sector.

Chairperson of Marquee Developments Hazem Salama unveiled Marquee’s vision of building premium communities through targeted investments in high-potential regions.

Salama emphasized the company’s mission to drive sustainable development in alignment with Egypt’s national goals, enhancing the real estate sector while attracting foreign investments critical to economic growth.

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“Our focus is on fostering sustainable growth in Egypt’s real estate sector, which contributes more than 20% to the GDP, and elevating the market to compete on a global scale,” Salama remarked.

Marquee’s CEO, Mohamed Amer, said that Egypt’s real estate market is a lucrative investment destination, citing major land deals such as Ras El Hekma and Ras Banas that have sparked substantial foreign interest. 

“Egypt has emerged as a hub for Middle Eastern and European investors,” Amer noted, expressing confidence in the country’s potential to become a leading regional investment destination.

He stressed that the company will deliver communities that blend luxury with architectural innovation, setting a new benchmark for real estate in Egypt and contributing to its vibrant future.

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