Memaar Al Morshedy
Top 50 Real Estate Developers in MENA 2021

Memaar Al Morshedy

Rank: 24

Country: Egypt

CEO: Hassan Morshedy

Date of establishment: 1983

Memaar Al Morshedy develops real estate in Egypt and is behind some of the country’s largest projects, such as the Degla Landmark, a residential and commercial complex covering 62,760 square meters, and Zahra, a residential, tourism and hospitality project North Coast Egypt. Zahra is built on an area of approximately 890 acres, comprising a total of 6 distinctive zones, and boasts a 650-meter waterfront, with a built-up area of around 17%. The company is currently building Skyline in Cairo at a cost of $550 million, which when complete aims to be the world’s largest residential building with 13,500 apartments spread across 200,000 square meters.