Mazaya Developments

Ceo of «Mazaya Developments»: The Saudi Market is a First Step Towards Regional Expansion

Mohammed Mustafa, CEO of Mazaya Real Estate Development Company, confirmed that the Saudi market is witnessing unprecedented growth and a dazzling transformation in the construction sector, which is an ideal opportunity for investment, expansion and participation in the urban renaissance that the Kingdom of Saudi Arabia is currently witnessing.

Stressing that the last round held by Mazaya Company in the Saudi market during the past weeks resulted in a number of contracts and partnerships that the company will announce soon, which will be a new launch for the company to provide distinguished real estate services to the Saudi market and achieve mutual successes between the two sides.

Mustafa added that since its launch in the Egyptian market, Mazaya Company has adopted a special vision that aims to develop the performance of work in the real estate sector as a whole and leave a clear mark that distinguishes the company, whether in the quality of the real estate product it offers to the market or the various architectural and real estate engineering consultations to keep pace with the unprecedented boom in the field of construction and building and provide unique sustainable projects that reflect the company’s commitment to its customers and add to its balance of successes in the market

Pointing out that one of the company’s most important goals during the next five years is to expand regionally in a number of Arab countries, and Saudi Arabia was the company’s first stop in expanding abroad. Indeed, the company opened its branch in the Riyadh region to attract more foreign investments to the Egyptian market, and to display the investment opportunities that we offer directly in the Egyptian market, in addition to studying and analyzing the opportunities available in the Saudi market in preparation for our presence in future projects and exceptional services there as well.

Mustafa praised the great development in the construction sector and the tremendous urban expansion in the Kingdom of Saudi Arabia and the Kingdom’s vision for sustainable development 2030, in addition to many other economic fields that are considered real opportunities to activate bilateral partnerships between Egyptian and Saudi businessmen in all economic fields Especially since there is a convergence of visions and a real desire between the two sides to increase the volume of investment cooperation with the Egyptian side and provide all forms of support to Egyptian investors, in addition to the desire of the Saudi side as well for promising and attractive investment opportunities in Egypt, and to increase the volume of Saudi investments, believing in the strength of the Egyptian market and achieving the highest profitable returns in the Middle East region.

The CEO of the company confirmed that Mazaya Development, since its launch in the Egyptian market, seeks to be one of the largest real estate development companies within a few years, and to take steady steps to expand externally by relying on accurate studies of the markets in which it aims to be present in order to meet the actual needs of customers within any market in which it operates to provide a different and influential service

Therefore, we have studied the Gulf markets over the past two years and participated in a number of events held in the KingdomHe held many bilateral meetings with a number of Saudi businessmen and we sensed a real desire to enhance joint cooperation in a number of important real estate fields that the Saudi market needs, which will be provided by Mazaya Company with innovative ideas and unique services, all details of which will be announced within days and will be an addition to the Saudi real estate market and its launch into other Arab markets in the future.

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