What al-marasem international for development does

Al Marasem International for Development is an Egyptian joint-stock construction and real estate development company established in 1997 under Law #159/1981, operating as the exclusive local representative of Saudi Binladin Group. The company runs a dual business model: as a first-class general contractor executing mega infrastructure projects (airports including Cairo International, Sharm El Sheikh, and Hurghada; hospitals including the New National Cancer Institute; hotels and transportation hubs), and as an integrated real estate developer since 2017. Its development portfolio spans flagship mixed-use compounds including Fifth Square (158 feddans, 3,174+ apartments and villas in New Cairo), Mar Ville (111 feddans in New Sheikh Zayed), Mar Bay (640 feddans coastal resort in Ras El-Hekma), and the R5 Residential Compound (148 feddans, 5,499 units in the New Administrative Capital).

Revenue is generated through four streams: construction contracts (one-time project awards via competitive bidding), real estate development sales (unit sales within integrated compounds, with EGP 39.5 billion / ~USD 779 million reported in 2024), facility management services through Fifth Square Facility Management, and subsidiary operations across industrial construction (ICPM), trading, hospitality (Marota Hotels joint venture with Rotana), property management, and specialized contracting. The company holds ISO 9001:2015, 14001:2015, and 45001:2018 certifications, and employs 4,560 people as of 2025.

Al Marasem serves three core customer segments: Egyptian government entities (NUCA, Ministry of Health) requiring strategic infrastructure, private developers (Emaar Misr, SODIC, Dreamland) seeking construction partners, and individual middle-to-upper-income homebuyers across Egypt, the Arab world, Europe, the US, Far East, and China. The go-to-market combines direct enterprise bidding for construction, on-site showrooms and sales teams for real estate units, and a real estate agent network. Distribution is primarily domestic with international sales channels aligned to Egypt's real estate export policy. The company is led by CEO Tarek Helmy and is privately held under Saudi Binladin Group ownership.

Name

al-marasem international for development

Legal name

Al Marasem International For Development

Website

https://almarasem.com

Company type

Private

Founded year

1997

Operating status

Operating

Short description

Al Marasem International for Development is an Egyptian construction and real estate development company founded in 1997, backed by Saudi Binladin Group, executing mega infrastructure projects and integrated residential compounds for government clients, private developers, and middle-to-upper-income homebuyers.

Ownership category

akta.pro rank

Product category

Construction and Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Commercial and Institutional Building Construction (236220), Land Subdivision (23721), Nonresidential Building Construction (2362)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

akta.pro secondary industries

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Office & Corporate Building Construction (IMAFACAA)

Keywords

• Construction contracting
• Real estate development
• General contractor services
• Integrated residential communities
• Infrastructure project delivery

Headquarters

HQ city

New Cairo

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Construction Contracts: Revenue generated from construction contracts executed for government and private sector clients across multiple project types including airports, hospitals, hotels, residential, commercial, and infrastructure. Projects are typically awarded through competitive bidding or direct negotiation. Contract values range from tens of millions to billions of Egyptian pounds.
2. Real Estate Development Sales: Revenue from the sale of residential units (apartments, villas, townhouses), commercial units, and hotel-serviced apartments within company-developed integrated communities. The company has launched several projects including Fifth Square (New Cairo), Mar Ville (New Sheikh Zayed), and Mar Bay (Ras El-Hekma). Reported sales of approximately EGP 39.5 billion in 2024.
3. Facility Management Services: Through subsidiaries including Fifth Square Facility Management, the company provides ongoing property management services for its developed compounds.
4. Subsidiary Operations: Six specialized subsidiaries generate revenue across industrial construction (ICPM), trading, hospitality (Marota Hotels with Rotana), property management, and specialized contracting.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Al Marasem International for Development is an Egyptian construction and real estate development company that delivers first-class general contracting services for mega infrastructure projects (airports, hospitals, hotels, transportation, and commercial buildings) and develops integrated residential communities. The company's flagship developments include Fifth Square in New Cairo, Mar Ville in New Sheikh Zayed City, and Mar Bay on the North Coast, supported by six specialized subsidiaries across industrial construction, trading, hospitality, property management, and specialized contracting.

Product overview

Al Marasem International for Development is an Egyptian construction and real estate development company established in 1997. The company operates a dual business model: as a first-class general contractor executing mega construction projects (airports, hospitals, hotels, commercial complexes, and infrastructure), and as a real estate developer with a portfolio of integrated residential communities. The core real estate portfolio includes Fifth Square (flagship mixed-use compound in New Cairo), Mar Bay (640-feddan coastal resort in Ras El-Hekma), and Mar Ville (111-feddan residential compound in New Zayed City). Supporting offerings include Lake Residence (hotel-serviced apartments), The Mall (commercial retail), and Moon Residence (residential phase within Fifth Square). The company also operates six specialized subsidiaries covering industrial construction, trading, hospitality, property management, and specialized contracting.

Differentiator

Problem solved

Functional benefit

Brands

• Fifth Square: Flagship residential compound in New Cairo's Fifth Settlement covering 158 feddans with residential units, villas, hotel-serviced apartments, and commercial mall
• Mar Ville
• Mar Bay
• Lake Residence
• Moon Residence
• Partners Not Only Clients

Products and services

• Fifth Square Residential Compound Flagship mixed-use residential compound in New Cairo's Fifth Settlement covering 158 feddans, including apartments, villas, townhouses, hotel-serviced apartments, a commercial mall, and an administrative building. Targeted at middle-to-upper income Egyptian and international homebuyers.
• Mar Bay Resort Integrated coastal resort project spanning 640 feddans in Ras El-Hekma on Egypt's North Coast, featuring villas, twin houses, townhouses, chalets, and hotel rooms with tourism and recreational services. Master-planned by global architecture firm BDP.
• Mar Ville Residential Compound Mixed-use residential compound in New Zayed City covering 111 feddans, featuring residential and commercial components.
• R5 Residential Compound Mixed-use residential compound in New Administrative Capital on 148 feddans, featuring 97 residential buildings with 5,499 units across 26 clusters. Project valued at EGP 14.8 billion.
• Fifth Square Commercial Mall Commercial mall within Fifth Square compound with 370 stores, hypermarket, cinema complex, food court, and entertainment facilities across 220,000 square meters.
• Construction Contracting Services First-class general contractor services spanning airports, residential, hotels, transportation, electromechanical projects, educational facilities, healthcare, recreational, commercial and administrative construction. Awarded through competitive bidding and direct negotiation with government ministries and private developers.

Quantifiable outcome

• Delivered 2,428 residential units at Fifth Square with 75% occupancy as of 2025
• +3 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered major, supporting and core.

• Al Ahly Sporting ClubmajorGTM or Marketing Partner · 15 January 2023Al Marasem became the official real estate sponsor of Al Ahly Sporting Club for four years starting 2023. The sponsorship signing ceremony was held at The St. Regis Hotel with Al Ahly president Mahmoud Al Khatib in attendance.
• RotanamajorStrategic or Co-development Partner · 20 June 2021Al Marasem and Marina Way Lagoon contracted with Rotana to manage and operate serviced apartments. The first project is Rotana Lake Residence at Fifth Square in New Cairo. Rotana also manages the Marina Bay project (14,120 sqm) in Marina Alamein on the North Coast. Rotana's chairperson Nasser Al Nowais described Al Marasem as complementing and supporting Rotana's expansion plans in Egypt.
• BDP (Brian David Partnership)supportingTechnology or Integration · 1 January 2021Global architecture and design firm BDP collaborated with Al Marasem to design the master plan for Mar Bay resort in Ras El-Hekma, spanning 640 feddans on Egypt's North Coast.
• Saudi Binladin GroupcoreStrategic or Co-development Partner · 1 January 1997Saudi Binladin Group serves as the mother company of Al Marasem, acting as its exclusive local representative in Egypt. SBG provides full technical support, assistance, and dedicated resources to Al Marasem, leveraging its vast experience and professionalism in construction works. This relationship has enabled Al Marasem to maintain continuous development and execute mega projects since its inception in 1997.
• Engineering Consultants Group (ECG)supportingImplementation/ SI/ Consulting PartnerECG serves as consultant on multiple Al Marasem projects including Dream Land Mall and MUP Plant Warehouse Extension.
• Dar Al-Handasah Shair & PartnerssupportingImplementation/ SI/ Consulting PartnerDar Al-Handasah provides engineering consultancy for Cairo Capital Central Park and other major projects including Hurghada Airport and Sharm El Sheikh Airport.
• Skidmore, Owings & Merrill LLP (SOM)supportingImplementation/ SI/ Consulting PartnerSOM served as consultant for the New National Cancer Institute 500-bed hospital project in El Sheikh Zayed City.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SODIC: Listed Egyptian real estate developer operating in Sheikh Zayed and the North Coast. SODIC is both a competitor and a customer of Al Marasem (Allegria Residential Compound), making it one of the closest peer comparisons for residential development scale and premium positioning.
• Palm Hills Development: Large Egyptian residential developer with comparable land bank size and similar strategy of integrated master-planned communities targeting middle-to-upper income buyers in New Cairo and West Cairo.
• Emaar Misr: Egyptian arm of Emaar Properties, one of the largest integrated developers in Egypt. Operates Uptown Cairo, Marassi, and Cairo Gate—directly overlapping with Al Marasem's Fifth Square and Mar Bay positions. Also a customer of Al Marasem.
• Hassan Allam Holding: Egyptian construction and real estate group combining general contracting (similar to Al Marasem's first-class contractor model) with residential development. Closest peer in terms of integrated construction-plus-development business model.
• Mountain View (DMG): Egyptian residential developer focused on integrated communities in New Cairo, the North Coast, and Ras El-Hekma. Directly competes with Al Marasem's Mar Bay location and same target buyer segment.
• Ora Developers: Naguib Sawiris's Egyptian real estate developer active in the North Coast, New Cairo, and Sixth of October. Comparable scale and similar premium positioning to Al Marasem's flagship projects.
• Tatweer Misr: Egyptian residential developer with major projects in New Cairo, the North Coast, and Ras El-Hekma. Direct competitor in the same integrated-community category and same geographic markets.

Broad incumbents

• Orascom Construction: Egypt's largest publicly traded construction company with a broader infrastructure and industrial portfolio. Comparable only on the general contracting side, not real estate development.
• Arab Contractors: Egyptian state-owned general contractor executing mega infrastructure projects. Comparable in first-class contractor classification and airport/infrastructure delivery, though operates at a much larger scale and does not develop real estate.

Regional players

• El Gouna / Orascom Development Egypt: Egyptian integrated resort and residential town developer focused on the Red Sea and O West (New Cairo). Comparable in mixed-use tourism-residential development model, particularly relevant to Al Marasem's coastal Mar Bay project.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SCC.eg

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about al-marasem international for development