Cevahir Holding
Istanbul-based Turkish holding company with roots in construction since 1959, known for Cevahir Shopping Mall and the Cevahir Sky City project in North Macedonia.
Last updated September 26, 2026
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Overview
Cevahir Holding is an Istanbul-headquartered Turkish holding company whose origins trace back to 1959, when the Cevahir Brothers began working in construction. Over the following decades the group expanded within the construction sector and carried out construction and investment activities in countries including Libya, Saudi Arabia and North Macedonia. The holding is perhaps best known in Turkey for developing the Cevahir Shopping Mall (Cevahir Alışveriş Merkezi) in Şişli, Istanbul, which opened in 2005. Internationally, it developed the Cevahir Sky City project in North Macedonia, a complex of four blocks described as the country's tallest structures, announced for completion in 2016. According to Turkish Wikipedia, the holding encompasses more than twelve companies active in areas such as investment, construction, services, industry and mining. Its registered address is in the Okmeydanı area of Şişli, Istanbul. The company operates as a private holding structure rather than a listed entity, and its official website serves as its primary public presence.
History
Cevahir Holding's history begins in 1959, when the Cevahir Brothers (Cevahir Kardeşler) started their activities in construction work. The group grew within the construction sector and, over time, extended its reach beyond Turkey. It undertook construction and investment projects in countries such as Libya, Saudi Arabia and North Macedonia, building an international profile while maintaining its base in Istanbul. A major domestic milestone came with the development of the Cevahir Shopping Mall (Cevahir Alışveriş Merkezi) in Şişli, Istanbul, which the holding built and opened in 2005. This project became one of the group's most visible landmarks in Turkey. Internationally, the holding developed the Cevahir Sky City project in North Macedonia, consisting of four blocks described as the tallest structures in the country; the group announced it would complete the project in 2016. According to Turkish Wikipedia, the holding today comprises more than twelve companies operating across investment, construction, services, industry and mining. Its registered address is in the Okmeydanı area of Şişli, Istanbul, reflecting its continued Istanbul base.
- 2016
Cevahir Sky City project in North Macedonia announced for completion.
- 2005
Cevahir Shopping Mall (Cevahir Alışveriş Merkezi) in Şişli, Istanbul, opens.
- 1959
Cevahir Brothers begin activities in construction, laying the foundations of the group.
Products and positioning
A diversified Turkish holding group rooted in construction, with domestic retail real estate and international development projects.
Cevahir Shopping Mall (Cevahir Alışveriş Merkezi)
Shopping mall in Şişli, Istanbul, built by the holding and opened in 2005.
Cevahir Sky City
Four-block development in North Macedonia described as the country's tallest structures, announced for completion in 2016.
Sources3 sources
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