Tabarak Holding Group has achieved extraordinary growth in 2024, with its subsidiaries experiencing a 100% increase in sales compared to the previous year. This remarkable performance was driven by significant investments amounting to EGP 60 billion, reflecting a 120% rise from earlier years and showcasing the Group’s solid financial health, Invest-Gate reports.

The company also celebrated the launch of its newest subsidiary, TBK Developments, in 2021, which has played a crucial role in spearheading several key real estate projects, such as 90 Avenue in New Cairo.

TBK Developments possesses an extensive land portfolio covering 4.5 million square meters and is on the verge of launching N Residence, the final phase of the 90 Avenue project, which will offer serviced residential units. Following the successful delivery of the first and second phases, the third phase is currently being handed over, with the entire project anticipated to be completed by the end of 2025. Additionally, the company is expanding its footprint with new land acquisitions in West Cairo for a mixed-use residential, commercial, and administrative development, which is set to be announced in early 2025.

To ensure the highest levels of service quality, Tabarak Holding introduced ATT (All The Time) in 2023, a dedicated maintenance company staffed by experts skilled in cutting-edge technologies. ATT provides comprehensive maintenance services that encompass sewage, electrical, water systems, elevators, painting, landscaping, and security systems, among others.

Tabarak Holding is also expanding its regional presence through its international subsidiary, Tabarak International. In Saudi Arabia, the A’aly AlRiyadh project is progressing well, with the third phase slated for completion in April 2025. Deliveries will continue in stages until the end of 2025 and into the first half of 2026, involving a total of 380 units. This initiative underlines the Group’s commitment to its customers. Furthermore, Tabarak Holding intends to broaden its investments in the Kingdom by acquiring new land in response to the increasing demand for real estate in this promising market. The Group is also planning to penetrate new European markets, leveraging its esteemed reputation to attract a diverse clientele.

Commenting on this significant success, Ali Al Shorbany, Chairman of Tabarak Holding Group, said,
“Proud of the achievements we have accomplished this year. 2024 was filled with opportunities that we seized effectively, enabling us to record a 100% increase in sales. This success is the result of a forward-looking strategy aligned with changing market trends, our clients’ trust in our brand, and a dedicated team that works efficiently to meet clients’ aspirations.”

He further expressed his enthusiasm for 2025, highlighting, “We are eager to embark on another year full of opportunities to provide even greater value to our clients. Our goal is to double our investments and expand our land portfolio with a variety of projects, both in Egypt and internationally. We envision a promising future for our Group, filled with achievements and new challenges, as we contribute to Egypt’s Vision 2030 and its comprehensive urban development.”

Tabarak Holding is committed to executing an ambitious strategy centered on environmental and social sustainability in its projects. By creating integrated residential communities that enhance quality of life, the Group demonstrated its commitment by sponsoring the World Urban Forum organized by the United Nations in Cairo this year. During the forum, Tabarak Holding showcased advanced technologies employed in the 90 Avenue project, including eco-friendly building materials, renewable energy systems like solar panels, waste management initiatives, and water treatment plans.

With ambitious objectives and a robust strategy, Tabarak Holding is set for transformative growth in 2025, anticipating over a 30% increase in sales. This growth will be fueled by a doubling of the Group’s investments aimed at expanding its land portfolio while fortifying its position through strategic partnerships with reputable entities, including government agencies and global hospitality firms, all geared towards developing innovative and customer-focused projects.