Cast magnesium-metal matrix composites are widely used in automotive and aerospace industries due to high strength-to-weight ratio and good damping properties. In the present work, a novel hybrid method has been adopted to fabricate TiC-TiB2 reinforced magnesium matrix composites. The reinforcement is formed in-situ from elemental Ti and B4C powders and molten Mg-Al-Zn alloy without any addition of a third phase metal powder such as aluminum. Results show that the distribution of TiC and TiB2 reinforcing phases in the magnesium matrix is more uniform when the composite is fabricated at 900 °C for 2 h. The base and composite materials were subjected to homogenization treatment which resulted in dissolution of β-Mg17Al12 phase into α-Mg matrix and enhances the strength and ductility by 22% and 50% in base and 17% and 50% in composite respectively. The enhancement of mechanical properties in the homogenized in-situ composites is explained in detail by analyzing the fractographs and microstructures of the material. © 2016 Elsevier Ltd