Maxim Group Egypt: Portfolio, Projects and Entity Verification

Maxim Investment Group, or MIG, is a diversified privately held Egyptian investment group. Its official history dates the group’s beginnings to 1976, founded by Wagdy Karrar, while the timeline places Maxim Development in 2005. Dr Mohamed Karrar is identified on the group’s official leadership page as Chairman and CEO. The current official portfolio includes Maxim Country Club, Maxim Residence, Heliopolis Residences, Royal Maxim, Canal Residences and Maxim Plaza alongside hospitality and commercial assets. Bo Islands requires a current ownership note: Maxim announced that The Marq acquired Maxim Real Estate, described as the project owner, after Maxim completed Phase 1, with the remaining phases transferred to The Marq.
Maxim Investment Group, or MIG, is a diversified privately held Egyptian investment group. Its official history dates the group’s beginnings to 1976, founded by Wagdy Karrar, while the timeline places Maxim Development in 2005. Dr Mohamed Karrar is identified on the group’s official leadership page as Chairman and CEO. The current official portfolio includes Maxim Country Club, Maxim Residence, Heliopolis Residences, Royal Maxim, Canal Residences and Maxim Plaza alongside hospitality and commercial assets. Bo Islands requires a current ownership note: Maxim announced that The Marq acquired Maxim Real Estate, described as the project owner, after Maxim completed Phase 1, with the remaining phases transferred to The Marq.
Group identity
- Maxim Investment Group: the parent investment group.
- Maxim Development or Maxim Developments: the development arm or market-facing developer name.
- Maxim Real Estate: the entity described in the official Bo Islands acquisition announcement as the former project owner.
Facts at a glance
| Item | Detail |
|---|---|
| Official group name | Maxim Investment Group — MIG |
| Group origin | 1976 on the official history page |
| Published founder | Wagdy Karrar |
| Maxim Development timeline entry | 2005 |
| Current Chairman and CEO | Dr Mohamed Karrar |
| Main sectors | Investment, development, hospitality, commercial and services |
| Official hotline | 19249 |
| info@maximig.com | |
| Address | 147 Al Moltaqa El Araby, Heliopolis, Cairo |
| Website | maximig.com |
Leadership
The official profile describes Dr Mohamed Karrar as Chairman and CEO, overseeing acquisition, financing and management across the diversified portfolio. The group leadership page also identifies Adam Karrar as a vice chairman alongside functional executives.
An executive title does not prove sole ownership of each subsidiary or project. Use the contract and corporate documents for the entity that owns land, takes reservations and signs the final sale agreement.
Real estate portfolio
Maxim Country Club — New Cairo
The official page places Maxim Country Club off North 90th Street, opposite the American University in Cairo campus. It covers 85 acres and contains 320 standalone villas, a mall and a clubhouse.
Area guide: New Cairo real estate projects
Maxim Residence and Heliopolis Residences
Both appear in the official group portfolio. Before publishing live inventory, verify the exact location, phase, contractual entity, availability and whether the listing is a developer sale or resale. “Residence” is a generic property term and weak entity matching can create false duplicates.
Royal Maxim and hospitality assets
Royal Maxim can refer to different real estate and hospitality components, while Royal Maxim Palace Kempinski includes a hotel operator relationship. The hotel brand is not automatically the developer, and homes near a hotel are not hotel inventory unless the contract says so.
Canal Residences and Maxim Plaza
These also appear in the group portfolio. Each needs its own use class—residential, commercial, office or hospitality—and a verified owning company. A group profile is not a substitute for project-level due diligence.
Bo Islands and Bo Sands — mandatory correction
- retain Maxim as former developer or Phase 1 developer where documents support that role;
- record The Marq as the later owner/developer of remaining phases based on the announcement and the unit contract;
- do not rewrite the developer on an already delivered unit without reading its phase documents;
- do not assume Bo Sands was included in the same transaction without explicit evidence.
Prices and availability — 19 August 2026
There is no meaningful group-wide starting price. Nawy currently separates a Maxim Group record from a Maxim Developments record. The latter displayed available stock from approximately EGP 2.98 million on the review date, but that figure must not be presented as an official price for every MIG asset.
Every price should be tied to a project, phase, unit, area, sale type, observation date, finishing, delivery date, maintenance charge and contractual seller. The identity of the signing company is especially important after an acquisition.
Buyer strengths and checks
- the legal company on the reservation and final contract;
- the landowner and licensed developer;
- the project and phase affected by any ownership transfer;
- construction and delivery evidence;
- the party operating common areas or hotel services;
- resale dues, assignment approval and club membership;
- the total cash-equivalent cost rather than the instalment headline.
Official contact
- Hotline: 19249.
- Email:
info@maximig.com. - Address: 147 Al Moltaqa El Araby, Heliopolis, Cairo.
- Website: maximig.com
Internal links
Real Estate Developers in Egypt — Complete Master Directory 2026
The master guide to Egypt's leading real estate developers: sorted by market, asset type, track record, and verified credentials.
Read moreNew Cairo and Fifth Settlement Real Estate — Developers, Projects and Prices
A practical guide to New Cairo's districts, developers and projects, with dated price snapshots and a checklist to run before you reserve.
Read moreNorth Coast Egypt Real Estate — Destinations, Resorts and Prices
Master guide to Egypt's Mediterranean North Coast: Sidi Abdel Rahman, Ras El Hekma, New Alamein, luxury resorts and price benchmarks.
Read moreDeveloper Sale vs Resale in Egypt — Financial & Legal Comparison
A practical guide comparing primary developer purchases against secondary resale: down payments, payment plans, transfer fees, and risks.
Read moreReal Estate Payment Plans in Egypt — How to Calculate True Cost & Compare
A financial guide to installment schemes in Egypt: down payments, cash discounts, handover balloon payments, and maintenance deposits.
Read moreFrequently asked questions
1When was Maxim founded?
MIG’s official history starts in 1976 and places Maxim Development in 2005. The 1980 date used by some directories relates to another timeline entry and should not replace the official sequence without explanation.
2Who leads Maxim Investment Group?
Dr Mohamed Karrar is identified as Chairman and CEO on his official group profile.
3Does Maxim still own Bo Islands?
Maxim announced that The Marq acquired Maxim Real Estate, the owner of Bo Islands, and took the remaining phases after Phase 1. Check the contract for the exact phase and entity.
4Are Maxim Group and Maxim Developments the same database entity?
They are related parent and development names, but their legal and contractual roles should remain separate. The group page covers the wider portfolio; the development record covers projects attributed to that arm.
5What is Maxim’s official hotline?
The number published on the group website is 19249.
Verify developer channels and legal contracts directly before making any purchase commitment.
Get the best articles in your inbox
A short note every two weeks, no spam.
You can unsubscribe at any time.