Founded in 1990, Fawaz Alhokair is one of the leading global groups in the Fashion Retail, Food & Entertainment and Shopping Mall sectors. Over the years it has grown and diversified until now it covers 5 macro business areas.
Fawaz Alhokair Group broke into the Egyptian market in December 2010 with the launch of Mall of Arabia. With the success that followed the launch, Fawaz Alhokair Group saw merit in the Egyptian market which led to extensive investment in the retail development and fashion retail sector. In September 2015, Fawaz Al Hokair group assembled a new team of experienced as well as young and innovative Egyptian professionals to alter the market through establishing the largest mixed-use development and Management Company in Egypt under the name of MARAKEZ.
Since its launch, MARAKEZ has been growing and working towards achieving its objective of becoming “The heart and soul of the community we serve” through fixating its investments on 3 main sectors:
- Residential compound.
- Retail and shopping malls.
- Food & Entertainment.
Arabian Centres is the leading developer, owner and operator of international standard shopping malls in Saudi Arabia. The company currently has 19 operating malls (equivalent to 1,1 million sqmof GLA) and plans to open 12 new assets (900,000 sqmGLA) over the next five years. Its properties are found in the best locations, with the most desirable brands creating an unmatched shopping and leisure destination for visitors and retailers alike. Innovation, reach and expansion are at the core of the proposition which is constantly evolving in step with changing consumer demands and the latest advances in technology. Arabian centres is leading the transformation of the shopping mall landscape in Saudi Arabia.
Alhokair Fashion Retail is the largest franchise retailer in the KSA, MENA, Central Asia and Caucasus regions. It is also the only public listed business of its type in the Middle East with a market cap of 9.39 billion SAR as of August 2017. Since its inception in 1991, the company has grown considerably with its current portfolio of over 100 retail brands which principally cover the following categories: Womenswear, Menswear, Kids & Baby, Department Stores, Shoes & Accessories and Cosmetics.
FOOD & ENTERTAINMENT
Established in 2000, this area has evolved rapidly to a single franchise in 2002 to a leading food service company with a footprint of 25 global premium brands and local trademarks, distributed across 400 outlets. Its range of brands covers the most popular F&B segments, from impulse to finer dining.
The group has also developed a strong presence in the entertainment business. It owns and manages the international indoor softplay specialist, Billy Beez, as weel as two newcomers: Octo! and IFC Shoot. Lastly it has also secured the franchise licensee of Kidzania.
The Hospitality Business Unit was officially created in 2006. Its core focus is the development, ownership and management of internationally branded upper class hotels. The company has a close partnership with Marriott International and Starwood Hotels & Resorts.
This sector includes the group’s energy management company FAS Energy, FARE Contruction which delivered in the last 15 years over 2 million sqm of shopping malls, commercial buildings, hotels, hospitals and residential compounds.
Echo Architecture provides to the group a wide range of management and design services thanks to its offices in London, Milan, Riyadh and Cairo. The total value of completed projetcs is 2.5 Billion $.