{"id":595244,"date":"2019-09-19T04:12:34","date_gmt":"2019-09-19T04:12:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/"},"modified":"2019-09-19T04:12:34","modified_gmt":"2019-09-19T04:12:34","slug":"alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/","title":{"rendered":"AlHokair\u2019s Marakez looking for land for a mall in Egypt\u2019s Assiut"},"content":{"rendered":"<p>Marakez for Real Estate Investment is planning to develop a new shopping mall in Salam City on the Cairo-Ismailia road at a cost of EGP 250 mn, Chief Business Development Officer Ashraf Farid said, <a href=\"https:\/\/www.masrawy.com\/news\/news_economy\/details\/2019\/9\/18\/1637160\/-%D9%85%D8%B1%D8%A7%D9%83%D8%B2-%D8%A7%D9%84%D8%AA%D8%A7%D8%A8%D8%B9%D8%A9-%D9%84%D9%84%D8%AD%D9%83%D9%8A%D8%B1-%D8%AA%D9%82%D9%8A%D9%85-%D9%85%D9%88%D9%84%D8%A7-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A7-%D9%81%D9%8A-%D8%A7%D9%84%D8%B3%D9%84%D8%A7%D9%85-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-250#sectionListing\">according to Al Shorouk<\/a>. The mall will feature both open-air areas and retail stores. The Fawaz AlHokair Group subsidiary is also looking to acquire land in Assiut for its plans to bring more of its shopping malls outside Cairo, Farid said, <a href=\"https:\/\/alborsaanews.com\/2019\/09\/18\/1246095\">according to a separate news report<\/a>. Marakez, whose flagship project is Mall of Arabia in 6 October, is looking to invest over EGP 15 bn over the coming period for its expansion plans, <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/09\/marakez-to-build-mall-in-egypts-mansoura-city-2\/\">we noted earlier this year<\/a>. The plans include Mall of Tanta \u2014 which opened its doors <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/08\/downtown-tantas-first-phase-inaugurated-on-thursday\/\">this month<\/a> \u2014 a planned <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/20\/alhokairs-marakez-to-break-ground-on-mansoura-mall-in-december\/\">Mall of Mansoura<\/a> and a mall in Minya.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marakez for Real Estate Investment is planning to develop a new shopping mall in Salam City on the Cairo-Ismailia road at a cost of EGP 250 mn, Chief Business Development Officer Ashraf Farid said, according to Al Shorouk. The mall will feature both open-air areas and retail stores. The Fawaz AlHokair Group subsidiary is also [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,125,895,83,2402,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595244","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-investment-watch","tag-marakez","tag-real-estate","tag-real-estate-housing","tag-trade","wpautop","entry"],"acf":{"mongo_id":"7613e180-97a2-4c70-8051-a171c14fb967","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595215],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AlHokair\u2019s Marakez looking for land for a mall in Egypt\u2019s Assiut - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AlHokair\u2019s Marakez looking for land for a mall in Egypt\u2019s Assiut\" \/>\n<meta property=\"og:description\" content=\"Marakez for Real Estate Investment is planning to develop a new shopping mall in Salam City on the Cairo-Ismailia road at a cost of EGP 250 mn, Chief Business Development Officer Ashraf Farid said, according to Al Shorouk. 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The Fawaz AlHokair Group subsidiary is also [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-19T04:12:34+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"AlHokair\u2019s Marakez looking for land for a mall in Egypt\u2019s Assiut\",\"datePublished\":\"2019-09-19T04:12:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/\"},\"wordCount\":145,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"investment watch\",\"Marakez\",\"real estate\",\"Real Estate + Housing\",\"trade\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/alhokairs-marakez-looking-for-land-for-a-mall-in-egypts-assiut\/\",\"name\":\"AlHokair\u2019s Marakez looking for land for a mall in Egypt\u2019s Assiut - 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Marakez had previously said it plans to invest EGP\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594565,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/marakez-signs-egp-1-5-bn-syndicated-loan-for-mall-of-katameya-construction\/","url_meta":{"origin":595244,"position":1},"title":"Marakez signs EGP 1.5 bn syndicated loan for Mall of Katameya construction","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"Mall developer Marakez has signed a EGP 1.5 bn syndicated loan agreement to finance the first phase of its planned Mall of Katameya in east Cairo, according to an emailed statement (pdf). The lending banks are Banque Misr, Banque du Caire, the Arab African International Bank, Misr Iran Development Bank,\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573617,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/11\/marakez-signs-egp-670-loan-agreement-with-local-banks-for-mall-of-katameya\/","url_meta":{"origin":595244,"position":2},"title":"Marakez signs EGP 670 loan agreement with local banks for Mall of Katameya","author":"enterpriseam admin","date":"11 August 2020","format":false,"excerpt":"Fawaz AlHokair Group\u2019s mall development company Marakez has signed a EGP 670 mn syndicated loan agreement with local banks to finance phase two of Mall of Katameya in east Cairo. Each of Banque Misr, Banque du Caire (BdC), an the Arab African International Bank contributed an equal share of the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599227,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/23\/marakez-to-open-mall-of-tanta-this-fall\/","url_meta":{"origin":595244,"position":3},"title":"Marakez to open Mall of Tanta this fall","author":"enterpriseam admin","date":"23 June 2019","format":false,"excerpt":"Marakez will open its Mall of Tanta this fall, the company said in a statement (pdf). The EGP 1 bn complex spans 33 acres and will house 140 shops, 30 restaurants and cafes, and a cinema. The mall is slated to be the biggest in the Delta, generating more than\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592939,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/marakez-signs-egp-395-mn-loan-with-emirates-nbd-egypt-for-new-ikea-store\/","url_meta":{"origin":595244,"position":4},"title":"Marakez signs EGP 395 mn loan with Emirates NBD Egypt for new Ikea store","author":"enterpriseam admin","date":"12 November 2019","format":false,"excerpt":"Fawaz AlHokair Group\u2019s Marakez has signed a EGP 395 mn long-term loan agreement with Emirates NBD Egypt to finance a 20k sqm Ikea store at Mall of Arabia, NBD corporate banking head Amr Azab said. Marakez inked a long-term lease agreement last December with Al Futtaim Misr for Retail, which\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596368,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/marakez-gets-egp-1-5-bn-loan-from-5-banks-to-build-katameya-mall\/","url_meta":{"origin":595244,"position":5},"title":"Marakez gets EGP 1.5 bn loan from 5 banks to build Katameya mall","author":"enterpriseam admin","date":"26 August 2019","format":false,"excerpt":"Real estate developer Marakez has agreed a EGP 1.5 bn syndicated loan with five banks to build a mall in Katameya, banking officials told Al Shorouk. Banque Misr was the lead arranger of the loan, with Banque du Caire, CIB, the Arab African International Bank, and Misr Iran Development Bank\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/595244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=595244"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/595244\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/595215"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=595244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=595244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=595244"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=595244"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=595244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}