Latest news with #TheMarQCommunities
Zawya
10-03-2025
- Business
- Zawya
‘The MarQ Communities' partners with the ‘Egyptian Food Bank' to support families in need during Ramadan
Cairo, As part of its commitment to corporate social responsibility, The MarQ Communities, one of the leading developers of residential communities and commercial destinations, has announced its collaboration with the Egyptian Food Bank to distribute Ramadan boxes containing essential food supplies. This initiative aims to support 20,000 individuals in need during the holy month. This effort aligns with the company's mission to promote social solidarity, contribute to sustainable development, and reinforce the private sector's role in addressing community needs and improving the lives of families in need. On this occasion, Eng. Amr Badr, Chairman and CEO of The MarQ Communities, expressed his appreciation for the collaboration with the Egyptian Food Bank, stating: 'Our role extends beyond developing residential communities; we firmly believe in our social responsibility to drive sustainability and actively contribute to community development. Ramadan presents a significant opportunity to strengthen this social role, embodying the values of solidarity and cooperation. Through this initiative, we reaffirm our ongoing commitment to supporting families in need. Our partnership with the 'Egyptian Food Bank' serves as a model for collaboration between the private sector and community organizations, delivering tangible benefits to society while fostering the values of solidarity and social cohesion that we strive to promote'. Echoing this sentiment, Mr. Mohsen Sarhan, CEO of the Egyptian Food Bank, expressed his pride in the partnership with The MarQ Communities, stating: 'We are delighted to collaborate with 'The MarQ Communities' on this initiative, which reflects the company's strong commitment to supporting families in need across Egypt and promoting the values of solidarity and cooperation. The private sector plays a crucial role in advancing social development goals, and at the Egyptian Food Bank, we have the expertise and capacity to implement such initiatives on a large scale across Egypt. This enables us to meet the needs of those who deserve support, ultimately creating a direct and positive impact on individuals' lives and improving communities.' The MarQ Communities' employees actively participated in the packaging of the food boxes, which contain essential food supplies. This activity was held at the company's flagship and one of its most distinguished residential communities, 'The MarQ Gardens'. The initiative reinforced the company's dedication to involving all team members in this humanitarian effort, fostering a spirit of collaboration among employees while strengthening the values of solidarity and meaningful community engagement. This initiative underscores The MarQ Communities' commitment to integrating corporate social responsibility into its comprehensive strategy by supporting underprivileged groups within society. Moreover, the partnership with the Egyptian Food Bank exemplifies an effective collaboration between the private sector and NGOs, aiming to create a tangible, positive impact while fostering social solidarity across Egypt.
Zawya
03-03-2025
- Business
- Zawya
The MarQ Communities delivers first residential units at The MarQ Gardens in New Cairo
Egypt - The MarQ Communities has begun handing over the first batch of residential units at The MarQ Gardens, its flagship project in New Cairo. During a press conference, Amr Badr, Chairperson and CEO of The MarQ Communities, announced that the company is set to complete the delivery of all units at its residential development, The Water MarQ, this year while actively pursuing future expansion in both residential and commercial sectors to drive economic growth in Egypt's real estate market. Badr highlighted that the company is investing EGP 8bn this year to accelerate construction across its ongoing projects and upcoming ventures. These investments, he noted, will be instrumental in reinforcing the growth of the real estate sector and enhancing urban development in Egypt. In addition to its commercial project, Marquette in Mostakbal City, The MarQ Communities is preparing to launch a new commercial destination in New Cairo this year. According to Badr, this project will feature a distinctive design and a contemporary appeal, further strengthening the company's footprint in the commercial real estate sector. Mostafa El Assal, Deputy CEO and Board Member of The MarQ Communities, outlined the company's ambitious sales targets, stating: 'We are aiming for EGP 25bn in sales in 2025 as part of our expansion strategy to reinforce our growth and establish a stronger presence in Egypt's real estate market.' He further noted that the company achieved EGP 6bn in sales in 2024, demonstrating substantial progress and sustainable growth, which underscores the effectiveness of its strategic vision. El Assal emphasized that The MarQ Communities' investments in construction are a key pillar of its long-term plans, focusing on integrated residential communities and commercial destinations that meet the rising demand for high-quality living spaces while contributing to Egypt's evolving urban landscape. Omar Lasheen, Deputy CEO and Board Member of The MarQ Communities, confirmed that the company remains on track to complete the delivery of all residential units at The MarQ Gardens by the end of the year. Spanning 26 feddans in New Cairo, The MarQ Gardens is a landmark development featuring over 300 meticulously designed villas in various sizes, tailored to accommodate the diverse preferences of homeowners. This milestone marks a significant step in The MarQ Communities' ongoing commitment to delivering premium residential and commercial developments that redefine modern living in Egypt.
Daily News Egypt
03-03-2025
- Business
- Daily News Egypt
The MarQ Communities delivers first residential units at The MarQ Gardens in New Cairo
The MarQ Communities has begun handing over the first batch of residential units at The MarQ Gardens, its flagship project in New Cairo. During a press conference, Amr Badr, Chairperson and CEO of The MarQ Communities, announced that the company is set to complete the delivery of all units at its residential development, The Water MarQ, this year while actively pursuing future expansion in both residential and commercial sectors to drive economic growth in Egypt's real estate market. Badr highlighted that the company is investing EGP 8bn this year to accelerate construction across its ongoing projects and upcoming ventures. These investments, he noted, will be instrumental in reinforcing the growth of the real estate sector and enhancing urban development in Egypt. In addition to its commercial project, Marquette in Mostakbal City, The MarQ Communities is preparing to launch a new commercial destination in New Cairo this year. According to Badr, this project will feature a distinctive design and a contemporary appeal, further strengthening the company's footprint in the commercial real estate sector. Mostafa El Assal, Deputy CEO and Board Member of The MarQ Communities, outlined the company's ambitious sales targets, stating: 'We are aiming for EGP 25bn in sales in 2025 as part of our expansion strategy to reinforce our growth and establish a stronger presence in Egypt's real estate market.' He further noted that the company achieved EGP 6bn in sales in 2024, demonstrating substantial progress and sustainable growth, which underscores the effectiveness of its strategic vision. El Assal emphasized that The MarQ Communities' investments in construction are a key pillar of its long-term plans, focusing on integrated residential communities and commercial destinations that meet the rising demand for high-quality living spaces while contributing to Egypt's evolving urban landscape. Omar Lasheen, Deputy CEO and Board Member of The MarQ Communities, confirmed that the company remains on track to complete the delivery of all residential units at The MarQ Gardens by the end of the year. Spanning 26 feddans in New Cairo, The MarQ Gardens is a landmark development featuring over 300 meticulously designed villas in various sizes, tailored to accommodate the diverse preferences of homeowners. This milestone marks a significant step in The MarQ Communities' ongoing commitment to delivering premium residential and commercial developments that redefine modern living in Egypt.
Zawya
24-02-2025
- Business
- Zawya
The MarQ Communities celebrates the handover of the first batch of residential units at The MarQ Gardens in New Cairo
Amr Badr: We plan to expand residential communities and commercial destinations to drive sector growth and create new investment opportunities Cairo – In line with its commitment to delivering its projects and turning its vision into reality, The MarQ Communities, a leading developer of upscale residential communities and commercial destinations, has announced the handover of the first batch of residential units at its flagship project, 'The MarQ Gardens', located in New Cairo. This milestone reaffirms the company's commitment to redefining premium residential communities by upholding the highest quality standards, thereby contributing to the growth of Egypt's real estate sector. 'We are celebrating the handover of the first batch of residential units at The MarQ Gardens, marking a significant step towards realizing our vision of developing sophisticated and innovative residential communities in the Egyptian market. We are committed to accelerating our construction progress to ensure timely deliveries while meeting the evolving needs of the local market.' Remarked Eng. Amr Badr, Chairman and CEO of The MarQ Communities during the press conference. Badr also announced the company's plan to commence the delivery of all units at its residential community, 'The Water MarQ' , this year while outlining its future expansion strategy in both residential communities and commercial destinations, which will further drive economic growth within the real estate sector. He stated, 'We are injecting EGP 8 billion this year to expedite construction across our existing projects and new residential and commercial ventures, fostering economic momentum.' He emphasized that these expansions will play a crucial role in bolstering the real estate sector's growth in Egypt by creating more investment opportunities and enhancing the market's ability to cater to both individuals and businesses. 'In addition to our commercial project 'Marquette' in Mostakbal City, we are planning to launch a new commercial destination in New Cairo this year, characterized by distinctive design and contemporary appeal. This destination will be a valuable addition to Egypt's commercial sector, offering a fully integrated environment that combines business, shopping, and leisure to provide an exceptional experience that aligns with customer expectations and market demands. 'He added. Meanwhile, Eng. Mostafa El Assal, Deputy CEO and Board Member of The MarQ Communities revealed 'We are targeting EGP 25 billion in sales in 2025 as part of our expansion strategy to strengthen our growth and solidify our position in Egypt's real estate market.' He also stated, 'We've achieved EGP 6 billion in sales in 2024, reflecting significant progress and sustainable growth, underscoring the effectiveness of our strategic vision'. He further highlighted that the company's investments in construction serve as a cornerstone for its ambitious plans, encompassing the development of integrated residential communities and commercial destinations that cater to the increasing demand for high-quality units while contributing to the enhancement of Egypt's urban landscape. For his part, Eng. Omar Lasheen, Deputy CEO and Board Member of The MarQ Communities announced that the company will deliver all residential units within the The MarQ Gardens this year. He stated, 'This milestone embodies our vision of developing fully integrated residential communities that blend luxury with innovation. The project was designed to be more than just a residential development; it offers a unique living experience that aligns with the evolving needs of individuals. With its modern and sustainable design, vast green spaces, and a healthy environment, the project ensures a lifestyle immersed in nature. The diverse range of unit sizes and layouts allows customers to choose what best suits their needs, making it an ideal destination for those seeking a balanced and contemporary way of living.' Spanning 26 acres in New Cairo, The MarQ Gardens is one of the company's landmark projects, featuring over 300 exquisitely designed villas of varying sizes to accommodate the diverse preferences of customers. The project boasts stunning views of gardens and open spaces surrounding the units, adding a sense of tranquility to the residential environment. The MarQ Gardens is distinguished by its expansive green spaces, which constitute 60% of the project's total area, fostering a sustainable and healthy lifestyle for residents. The project also offers a wide range of essential services catering to daily needs, alongside premium on-demand hospitality services to ensure residents' utmost comfort. About The MarQ Communities: The MarQ Communities was established in 2019 and has rapidly asserted its leadership in the Egyptian real estate market by introducing exceptional residential communities and commercial destinations in East Cairo to inspire clients and experience life exquisitely. The company boasts a land portfolio of 1,300 acres, spanning four residential projects: The MarQ Gardens, The WaterMarQ, The MarQVille, and The WonderMarQ, in addition to its commercial destination, Marquette.
