MARAKEZ, the leading award-winning mixed-use real estate developer, and the platinum sponsor of the 10th edition of the RiseUp Summit, announces launching the first vertical event for (RiseUp Retail), live from District Five from May 25th to 27th 2023, Invest-Gate reports.

The RiseUp Summit, which is considered the largest entrepreneurship event in the Middle East, has been recently inaugurated at the Grand Egyptian Museum from the 16th to 18th of March 2023, with more than 14,000 attendees from 60 countries around the world.

With more than 400 investment opportunities for startups, the summit has successfully provided solutions and serious steps to advance entrepreneurship.

Commenting on the sponsorship and the event, MARAKEZ CEO, Basil Ramzy, says, “We were happy to sponsor the 10th edition of RiseUp at the Grand Egyptian Museum and, at the same time, we are announcing the first RiseUp Retail at District Five, taking place at our flagship development from May 25th to May 27th. We value entrepreneurship in our organization and outside of it, we encourage and promote innovation, and we join hands with outstanding entrepreneurs in the ecosystem.”

Abdel Hameed Sharara, Founder and CEO of RiseUp, comments, “Over the past ten years, RiseUp managed to attract 5000 investors, and Egyptian startups were able to collect about $3.5bn, which contributed to boosting foreign investment in Egypt, encouraged young people to start their startups, and spread the culture of entrepreneurship in the Middle East and Africa