Mazaya Developments is gearing up for a significant expansion into the Saudi Arabian market, taking advantage of the Kingdom’s unprecedented growth in construction and urban development, Invest-Gate reports.

For his part, CEO Mohamed Mostafa highlighted the remarkable transformation in Saudi Arabia’s construction sector, describing it as an ideal opportunity for investment and collaboration.

Mostafa revealed that Mazaya’s recent engagements in Saudi Arabia have resulted in several contracts and partnerships, which will be announced soon. “These agreements mark a new chapter for Mazaya Developments, enabling us to deliver exceptional real estate services in the Saudi market and achieve mutual success,” he said.

Since its inception in Egypt, Mazaya Developments has pursued a vision of enhancing the real estate sector by offering high-quality projects and specialized architectural and engineering consultations. The company is committed to creating sustainable and unique developments, ensuring customer satisfaction, and contributing to its growing reputation in the market.

As part of its five-year strategy, Mazaya is targeting regional expansion, with Saudi Arabia as its first stop. The company recently opened a branch in Riyadh to attract foreign investments to Egypt.

Mostafa praised Saudi Arabia’s Vision 2030 for sustainable development and the Kingdom’s ambitious urban expansion, emphasizing the synergy between Egyptian and Saudi investors. “There is a shared vision and genuine willingness to increase bilateral investments. With Saudi interest in Egypt’s promising market and its potential for high returns, we are optimistic about deepening economic ties between the two nations,” he added.