MARAKEZ Joins valU in Sponsoring Hana Goda, the Youngest Egyptian National Table Tennis Champion

MARAKEZ and valU’s sponsorship includes a series of upcoming camps and competitions for Adults and Juniors in France, Germany, Oman, Qatar and Slovenia
Cairo, 3rd of February 2022
MARAKEZ, one of the largest mixed-use developers in Egypt, has joined valU, MENA’s leading Buy-Now Pay-Later (BNPL) fintech platform, to sponsor Hana Goda, the youngest Egyptian national table tennis champion, number 1 worldwide under 15 and 17 and number 4 under 19. valU has been sponsoring Hana since 2020 and is entering its third year with the champion while MARAKEZ comes in this year to offer the star access to a series of upcoming competitions.
“This sponsorship of Hana Goda, an exceptionally talented and promising young champion, is a natural fit for MARAKEZ as all of our real estate developments all include a fitness and health component. We wish her the best of luck and look forward to continuing having her among the top players” said Ahmed Badrawi, Executive Vice Chairman of MARAKEZ. “Our partnership with valU is one of many for MARAKEZ as we proactively support athletes and seek opportunities to empower and elevate Egyptian talent.”
MARAKEZ and valU, are longtime partners having collaborated on many campaigns with the latest being the launch of sha2labaz at Mall of Arabia and mall-wide offer at Mall of Tanta.
“We are delighted to once again be supporting Hana Goda, an amazing young star that makes all Egyptians proud. valU was Hana’s first sponsor and we are delighted to continue the journey with her. This year we are also thrilled to bring MARAKEZ onboard as together we can offer Hana more to encourage and motivate the young star so she can enjoy the sport and feel empowered to sustain excelling. Undeniably, sports is one of valU’s important categories respectively we are keen to contribute to its growth. Moreover, we are also committed to supporting and empowering young talent as we believe they are the future”, commented Walid Hassouna, CEO of the Non-Bank Financial Institutions (NBFI) platform at EFG Hermes Holding and CEO of valU.
MARAKEZ has been a strong advocate and supporter of health, fitness and sports. The company has sponsored several Egyptian athletes, including several Olympians, and empowers youth, promotes sports, and integrates health and sports-focused amenities in its projects. From the first 400m jogging track inside Mall of Arabia, to fitness clubs, sports facilities and gyms across MARAKEZ developments at large, to sponsoring and supporting fitness and athletes the company is encouraging a healthy and active lifestyle within the community.
valU has retained its position as the market leader in BNPL solutions, serving as a platform through which consumers can seamlessly access financing solutions across various sectors. Having successfully grown its service offering into the retail space, valU similarly is committed to other key sectors including healthcare, education, real estate, sports club financing and many more. Initiatives such as the “valU Family” program and the youth financing program “Ma3ak” further cement valU’s dedication to quickly responding to the needs of underserved market segments and reflects our clear focus on customer centricity making sure that our customers feel empowered at all times.
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About MARAKEZ for Real Estate Investment
MARAKEZ is a subsidiary of the Saudi Arabian conglomerate and largest mall developer and operator in the region – The Fawaz AlHokair Group. MARAKEZ is one of the largest mixed-use developers in Egypt with a portfolio of projects with one of the highest recurring revenue profiles in the country. Anchored by the flagship Mall of Arabia in West Cairo, MARAKEZ projects include the first residential towers in 6thOctober, AEON, as well as D5M, Mindhaus and District Five residential project in New Katameya. In addition to the opening of Mall of Tanta in 2019, Town Center in 2020 and the upcoming opening of Mall of Mansoura in 2023.

For more information, please visit:
www.marakez.net
www.fawazalhokair.com
www.arabiancentres.com
or call on: 19876
About valU
A subsidiary of EFG Hermes Holding established in 2017, valU is the leading Buy-Now Pay-Later (BNPL) fintech platform offering convenient and customizable financing plans up to 60 months. With more than 5,000 points of sale and over 300 websites, valU offers access to a wide network of retail and e-commerce providers across a diverse array of categories including home appliances, electronics, home finishing, furniture, residential solar solutions, healthcare, education, travel, and fashion, among others. As the first platform of its kind in the MENA region, valU customers are able to receive instant credit decisions through their devices and gain access to the ever-growing platform’s partners.
For further information, please contact:
The EFG Hermes Holding Public Relations Team
[email protected]
May El Gammal
Group Head of Marketing & Communications at EFG Hermes Holding
[email protected]
Note on Forward-Looking Statements
In this press release, EFG Hermes Holding may make forward looking statements, including, for example, statements about management’s expectations, strategic objectives, growth opportunities and business prospects. These forward-looking statements are not historical facts but instead represent only EFG Hermes Holding’s belief regarding future events, many of which, by their nature are inherently uncertain and are beyond management’s control and include among others, financial market volatility; actions and initiatives taken by current and potential competitors; general economic conditions and the effect of current, pending and future legislation, regulations and regulatory actions. Accordingly, the readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made.