Madinet Masr, a leading real estate developer in Egypt, has concluded 2023 with remarkable achievements that further solidified its position in the market, Invest-Gate reports.

The company and its CEO Eng. Abdallah Sallam received recognition from prestigious international and local institutions, showcasing their strong performance and pioneering role in the Egyptian real estate sector.

Madinet Masr’s extensive expertise, significant growth, and solid financial results in 2023 contributed to its recognition and accolades. Forbes Middle East Magazine listed the company among Egypt’s Top 50 Listed Companies in 2023, based on financial data from companies listed on the EGX.

The company was also recognized as the “Best Performing Real Estate Company in Egypt 2023” by Global Business Magazine, “Best Performing Real Estate Company 2023” by World Business Outlook, and “Best Investor Relations in Real Estate for Egypt 2023” by The Global Economics Awards. Other awards include “Fastest Growing Real Estate Company 2023” by International Business Magazine and recognition from Brands and Business Magazine, Daily News Egypt, and Amwal Al Ghad magazine.

Madinet Masr’s focus on innovation led to further acknowledgment. The company invested in youth ideas to showcase their creativity, resulting in recognition as the “Most Innovative Urban Developer in Egypt in 2023” by the Global Brand Magazine and the “Most Innovative Real Estate Company in Egypt for 2023” by World Economic Magazine.

In terms of leadership, Eng. Abdallah Sallam, the President and CEO of Madinet Masr, was recognized as the “Real Estate CEO of the Year 2023” by World Business Outlook and “Best Emerging CEO in Real Estate Industry 2023” by The Global Economics Magazine.