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.