Our dream was to build exclusive state of the art residential buildings, with standards yet to exist in Egypt. Thus, in 1980, we established Arabeya for Housing and Construction. We began our journey of building exclusive fully finished residential towers in Nasr City; and by the 1990’s, we had become the pioneers who carried out the new facelift of Cairo’s Heliopolis area, classifying Maxim as one of Egypt’s market leaders who introduced Egypt’s first high-end fully-finished apartments and luxury residential buildings; as symbolized in Maxim’s Heliopolis Towers.
We pride ourselves in our capability to notice major as well as minor changes in the marketplace, allowing us to satisfy new market trends, placing us ahead of any of our possible competition at the time. By the mid 1990’s, we founded our sister company, Sphinx which specialized in building luxurious unfurnished residential towers, providing each homeowner with the opportunity to design and furnish the interiors of their future homes according to their likes. Soon after launching Sphinx, the growth of the Sheraton area flourished and thus the company’s main area of activity and construction focused on developments in the Sheraton neighborhood.
Both companies were so successful that our portfolio of residential towers exceeded 35 towers within a notable period, some of which are to this day considered amongst Cairo’s top residential towers.
With the arise of the cities of 6th of October, El Sheikh Zayed, Katameya and Shorouk, Egypt started to expand and witnessed the boom of residential compounds, so we decided to expand our services to encompass the developments of compounds, commencing with Maxim Residence, our first gated community located in the city of Shorouk.