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Madinet Masr posts record $910.5 million sales in 2024, driven by strategic expansion and strong market demand, reinforcing its leadership in Egypt’s real estate sector.
The event, celebrating 100 years of Disney magic, reflects Madinet Masr’s commitment to enriching Egypt’s cultural and entertainment scene.
The development projects, which are set to generate more than five million jobs, will help bridge the housing gap.
This partnership underscores the company’s strategic focus on expanding its presence in Egypt’s high-growth real estate market through key collaborations.
Net profit rose by 88.9 percent, exceeding $50 million, as contracted sales more than doubled and revenue surged 62.9 percent.
Madinet Masr seals a strategic partnership deal with Redcon Spain Construction for sprawling Sarai development.
Madinet Masr, led by Abdallah Sallam, launches luxury project in Mostakbal City.
Under the leadership of Abdallah Sallam, a prominent figure holding a five-percent stake in the company, MNHD displayed exceptional performance in 2023.
Sallam owns a five-percent stake in MNHD.
Sallam’s five-percent stake in MNHD is now valued at $13.85 million.
Sallam owns five percent of MNHD.
Sallam owns five-percent of the real estate company.