Maxim Developments is a large-scale real-estate company, founded by Maxim holdings, a mother company with 14 companies under its name. maxim Group built a reputation in the market through their contributions in new cities by building residential towers and buildings. Maxim’s goal is to provide a living standard that is very much needed in the market, a standard that is just as good as any compound you might stumble upon while walking the streets of Europe. They also focus on providing unparalleled services, both necessary yet luxurious. Maxim also tries to build the strongest infrastructure possible to provide the safest and the least problematic environment for their citizens for years to come.
In a press conference, Maxim said that they needed to fill the widening gap in the market by providing affordable units for customers, that was the reason Maxim declared itself a huge competitor in the market, it wasn’t only done by lowering prices, they also followed a very strict strategy so they could produce unique interior designs.
· Maxim Developments Group was established by the one and only Wagdy karar, the famous Egyptian businessman.
· The Company was established in 1980, and was set apart from the holding company after being one of the first companies that resided under the name of a holding company.
· Wagdy karar, the founder of Maxim, was a knowledgeable business man in the field of real estate investments due to years of studying the market and refining his investment approach in the market.
· Magdi karar was the chairman and head of directors of large scale companies in many fields.
· He travelled the world in order to get the knowledge he was looking for, getting a degree after another, then came to Egypt to put his studies to work.
· After the death of Wagdy karar, his son took the same route, following his father’s track, leading the company to the light.
· Wagdy karar founded Maxim almost 37 years ago, in 1980.
· Maxim Developments was first a company that belonged to a mother company, Maxim holdings, it was amongst 14 different sectors that Maxim holdings invested in.
· Among those services Maxim for hotels, Maxim for concrete, Maxim for cars and many other sectors.
· At first Maxim Developments tried out their hand in building residential units in the streets of Old Cairo.
· They started with building luxurious residential buildings in Heliopolis.
· By 2005, they decided to build hotels, they started out by building 2 five star hotels in Sharm El-Sheikh, consisting of 550 suites and 350 luxurious rooms.
· Soon after, they built many residential and tourist projects in different places like Heliopolis, Al Shorouk City and many coastal cities.
· In 2010, full compounds were planned to be built, designed by the best consultancies in the market.
· They were able to build 110 villas and a Kempinski hotel that consists of 250 rooms and VIP suites for businessmen.
• Royal Maxim Palace Kempinski.
• Maxim Country Club Compound, New Cairo.
• Maxim Residence Compound, El Shorouk City.
• Maxim City Club project.
• Maxim Commercial and Administrative Mall.
• The Canyon Compound, Mostakbal City.
• Bo Island Resort in the North Coast.
• Bo Sands North Coast Resort.