Madinet Masr has posted record-breaking results, achieving contracted sales of EGP 21.3 bn and revenues of EGP 4.8 bn, fueled by strong demand, successful new project launches, and accelerated construction progress, Invest-Gate reports.

For the six months ending June 30, 2025, the company recorded gross contracted sales of EGP 21.3 bn, up 1.1% year-on-year. In Q2 alone, contracted sales surged 65% to EGP 10 bn compared to EGP 6.1 bn in the same period last year, reflecting increased market appetite for its newly launched developments.

Revenues for H1 reached EGP 4.8 bn, a 7% increase over the prior year, while Q2 revenues grew 59.1% year-on-year to EGP 2.2 bn. Net profit for the half-year stood at EGP 1.3 bn, with Q2 net profit jumping 76.2% to EGP 488.4 mn. The company also delivered 521 units in H1, marking an 86.1% increase compared to H1 2024.

Madinet Masr invested EGP 2.9 bn in construction and infrastructure during H1, up 55.7% year-on-year, with Q2 CAPEX rising 70.9% to EGP 1.3 bn. Cash collections reached EGP 7.1 bn, up 18.2% year-on-year.

Abdallah Sallam, CEO  of Madinet Masr attributed the strong performance to the company’s innovative products, geographic expansion, and commitment to delivering long-term value. He highlighted recent milestones, including the launch of Shark Tank Business Park in partnership with Sony Pictures Entertainment and IMP, the establishment of a new Dubai-based subsidiary, Cities of the World, and an MoU with Saudi Arabia’s Waheej for Real Estate to explore joint ventures.

Looking ahead, Sallam affirmed Madinet Masr’s focus on expanding its development portfolio, accelerating construction progress, and maintaining financial resilience to capitalize on emerging market opportunities in the second half of 2025.