MAG Appoints Eng. Haitham El-Laithy as CEO to Drive Expansion and Investment Growth in Egypt
Methaq Arab Group (MAG) has officially announced the strategic appointment of Eng. Haitham El-Laithy as Chief Executive Officer (CEO). This critical leadership milestone is designed to reinforce the company’s executive and administrative governance as it embarks on an aggressive new phase of commercial expansion and investment growth within the Egyptian real estate market.
The high-level appointment directly reflects MAG’s long-term commitment to sharpening its operational excellence, enhancing execution capabilities, and accelerating the delivery of its ambitious growth strategy over the coming years.
A Vision to Redefine Real Estate and Asset Management
Commenting on his new role, Eng. Haitham El-Laithy, CEO of MAG Group, stated that the company is deeply focused on redefining industry benchmarks in real estate development and asset management in Egypt. By leveraging advanced Gulf market expertise and adopting proven global best practices in operations, facilities management, and asset value enhancement, MAG aims to set a new standard.
He added that the group seeks to maximize the long-term value of its real estate developments while delivering integrated, sustainable projects that meet evolving local market demands and create superior investment opportunities for clients and stakeholders alike.
“We have a clear vision to build a fully integrated real estate company whose role extends beyond property development to encompass the management and operation of assets in accordance with the highest international standards, ensuring the sustainability of investment value and maximizing returns for clients and investors,” Eng. Haitham El-Laithy stated. “The Egyptian market offers exceptional growth opportunities, and we aim for MAG to become one of the most influential real estate players in the years ahead.”
El-Laithy further explained that MAG’s extensive regional experience across Gulf markets, particularly in Abu Dhabi, provides a robust foundation for its ongoing growth ambitions in Egypt. Drawing on this regional expertise, the company plans to introduce a new generation of innovative real estate developments that seamlessly combine international best practices with local market needs. This strategy directly supports Egypt’s overarching national vision for sustainable urban growth, smart cities, and future-ready communities.
Over 25 Years of Proven Regional Leadership
Eng. Haitham El Leithy is a highly accomplished executive with over 25 years of specialized experience in real estate asset management, facilities management, operations, engineering design, and the development of large-scale projects. He brings a distinguished track record of corporate success spanning both Egypt and the Gulf region. His deep executive expertise covers the management and operation of complex mixed-use developments, major retail destinations, administrative complexes, and premium residential communities.
Furthermore, El Leithy is widely distinguished by his extensive operational experience in pre-opening facilities engineering, operational readiness, and the implementation of strict governance and management frameworks that structurally improve efficiency, optimize day-to-day performance, and enhance the long-term yield and returns of real estate assets.
Throughout his distinguished career, Eng. Haitham El Leithy has demonstrated exceptional leadership in managing multidisciplinary teams, navigating complex operational challenges, and driving strategic decision-making. His strong negotiation capabilities and proven ability to forge successful partnerships with developers, investors, and government stakeholders have played a pivotal role in the execution, operation, and long-term sustainability of numerous large-scale real estate developments across the region.
In addition to his executive achievements, Eng. El Leithy is an active member of several leading professional organizations, including:
The Egyptian Engineers Syndicate
The Kuwait Society of Engineers
The Middle East Council of Shopping Centres & Retailers (MECSC)
His extensive expertise in real estate asset management, facilities operations, and property performance optimization has positioned him among the region’s most respected industry professionals, earning a stellar reputation for delivering operational excellence and maximizing asset value.
LA REVA Project: A Foundation for Future Investments
For its part, MAG Group stated that the appointment of Eng. Haitham El Leithy forms part of a comprehensive strategy to strengthen its executive and administrative leadership structure in preparation for the next phase of growth and expansion. The Group aims to leverage his extensive experience across Gulf markets and his proven ability to establish integrated operational frameworks that deliver the highest standards of efficiency, performance, and sustainability.
The Group also highlighted that the LA REVA development marks a key milestone in its overarching strategy to expand its operational footprint in Egypt’s competitive real estate sector. As one of the company’s flagship projects, LA REVA underscores MAG’s long-term vision for the Egyptian market and serves as a solid foundation for future investments and expansion into high-potential real estate destinations, further solidifying the Group’s position among the country’s leading property developers.
