Maven Developments, a leading player in Egypt’s real estate sector, has signed a multi-year partnership with the Egyptian Basketball Federation to become the official sponsor of the sport in the country, Invest-Gate reports.

The announcement was made during a press conference attended by Maven CEO Hossam El Sharkawy, Co-Founder and Board Member Mohamed Roushdy, Egyptian Basketball Federation President Amr Mouselhy, board members, and national team stars.

Under the agreement, all players, coaches, and administrative and medical staff across various age categories will wear the Maven logo during upcoming local, continental, and international tournaments.

Mohamed Roushdy said the partnership reflects Maven’s commitment to investing in sports as a tool for community development and youth empowerment. “Supporting Egyptian sports is an extension of our philosophy to create opportunities for young people and help them achieve their ambitions. We are proud to contribute to the growth of basketball in Egypt,” he added.

Founded with a vision to deliver innovative, high-quality real estate solutions, Maven Developments manages projects including Baymount Sokhna on the Red Sea, Cali Coast in Ras El Hekma on the North Coast, and an upcoming development in West Cairo. Through this sponsorship, the company seeks to extend its impact beyond real estate into sports and community initiatives, reinforcing its belief that real development begins with investing in people.