MARAKEZ, Egypt’s leading mixed-use real estate developer, has announced a new collaboration with Decathlon, the world’s largest sporting goods retailer, Invest-Gate reports.

This partnership will see the opening of one of Decathlon’s largest stores in Egypt, located in the vibrant community of District Five in East Cairo.

The signing ceremony for the Decathlon store at District Five highlights the ongoing successful partnership between MARAKEZ and Decathlon. This venture aims to enhance lifestyle offerings and provide high-quality options for residents and visitors of District Five.

District Five, a signature mixed-use project by MARAKEZ, will host Decathlon’s eighth store in Egypt, which is set to open on July 3, 2024. This collaboration integrates seamlessly with District Five’s comprehensive development plan, aligning with MARAKEZ’s vision of creating a central hub that unites sports, fashion, and creative industries.

Expressing his excitement about the partnership, Ashraf Maklad, MARAKEZ’s Chief Commercial Officer, stated, “We are thrilled to welcome Decathlon to District Five. This collaboration underscores our commitment to providing an all-encompassing experience for our community.”

Alex Giolo, Chief Executive Officer of Decathlon Egypt, said, “We are excited to expand our footprint in Egypt by opening our new store at District Five. Our mission has always been to make sports accessible to all, and this new location allows us to reach more people and offer them the best sporting goods and services.”

Notably, the opening of Decathlon at District Five marks a significant milestone in MARAKEZ’s ongoing efforts to enhance Egypt’s retail landscape, providing a comprehensive and inclusive environment for sports enthusiasts and the wider community.