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amaken

amaken

Egypt
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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Established for 15+ years with a rich history in Cairo’s luxury real estate market. Credited with delivering over 60 projects in Cairo and Maadi, with 11 still in progress. Current portfolio includes mixed-use developments and planned projects in Maadi and Sheikh Zayed.

Financial Credibility

No public financial distress or credit issues reported; Amaken is privately financed (typical for Egyptian developers). It funds projects via unit sales (e.g. Genista New Zayed), with no evidence of defaulted loans or flagged debt issuance.

Project Quality

Projects emphasize high-end design and amenities. For example, Genista Zayed is a luxury compound with 80% open green space. Management stresses meeting deadlines and quality: chairman Essam Farghaly noted that “adhering to…implementation timelines while maintaining the highest standards of quality and excellence” builds customer trust. Industry sources highlight Amaken’s meticulous attention to detail across its developments.

Legal & Regulatory Standing

No major legal disputes or regulatory sanctions found in the past year. Amaken developments comply with standard Egyptian planning/construction regulations. The company appears in good standing (e.g. obtaining required approvals); no violations or lawsuits are reported.

Customer Experience

Management emphasizes trust-building through on-time delivery and strong customer support. ArabMLS notes Amaken provides dedicated investor guidance and after-sales service via a team of qualified specialists. There are no widespread negative customer reviews or complaints in public forums or news reports.

Market Reputation

Regarded as a reliable, premium developer. ArabMLS calls Amaken “one of Egypt’s top real estate developers”, noting its quality focus. High-profile collaborations (e.g. with Vodafone Egypt) reflect solid industry standing.

Innovation & Sustainability

Invested in smart infrastructure: partnered with Vodafone (Feb 2025) to install fiber-optic internet and integrated “smart home” systems in its compounds. Leadership commits to “providing smart infrastructure… aligned with global advancements” in real estate. Incorporates green planning: Genista Zayed’s design dedicates ~80% of its site to landscaped open areas.