Maxim Development, M+C Sign Agreement to Market Shopping Malls in Egypt


Maxim Consultancy has signed an agreement with McARTHUR + COMPANY, to manage and market the shopping centers in Egypt, starting with Maxim Mall in New Cairo. This project came as part of its keenness to promote the national economy through partnerships with pioneer companies to offer international services that should bring a paradigm shift in the Egyptian market. The agreement between Maxim Development and McARTHUR+COMPANY aims to offer new concepts to the trading centers in Egypt through the outstanding experiences of Maxim company in developing many projects of investment like in real estate, tourism, trade, and entertainment. M+C will bring in their expertise and success in the retail projects development sector to further enhance Maxim’s vision and contribute to adding value to the Egyptian market. Maxim Company owns several commercial projects such as Maxim Mall, a shopping center located in one of the unique locations in New Cairo, close to the main landmarks and universities in the Fifth settlement area. The shopping center, which is built on 54 thousand square meters, includes a huge number of various brands. For instance, electronic stores, home appliances, entertainment, and fashion as well as famous brands.  

Heba El Zahed, the general manager of Maxim Consultancy, said that the company aims to contribute effectively to the development of the national economy of Egypt in different fields of investment through having partnerships with different international companies to offer an international standard that guarantees the availability of all worldwide technological and environmental means through Maxim Consultancy.“The new partnership with McArthur adds value to Maxim Mall in the Fifth settlement by their experience in managing shopping centers, setting strategies and promoting it or the leasing and the management services”, El Zahed. El Zahed stressed that this partnership is considered a distinctive addition to the many successes and well-established partnerships in the group’s different projects. In the meantime, Furqan Athar, the managing director of M+C, expressed his contentment about the partnership with Maxim Investment Group with its long 40 years’ experience, during which it carried out many successful and considerable projects in this field of real estate, tourism, and entertainment. Athar pointed out at his company’s long-standing experiences, which exceeds 150 years, during which it worked with major companies in the market and contributed to achieving huge successes. M+C will offer new and different services in Maxim Mall.