Madinet Masr has achieved an unprecedented milestone, reporting total sales of EGP 46.1 bn in 2024, marking a significant leap in its performance, Invest-Gate reports. These results reflect the company’s robust financial position and the success of its expansion strategy, which focuses on developing its land portfolio and diversifying its projects across strategic locations. This approach aligns with Egypt’s Vision 2030 for urban development and delivering long-term value to customers.

The company’s strong sales performance was driven by the rapid sale of over 4,708 units across various projects during the year. This achievement underscores customer confidence in Madinet Masr and its commitment to delivering high-quality developments that meet market needs and aspirations.

Abdallah Sallam, President and CEO of Madinet Masr, expressed pride in the company’s performance, stating, “These achievements reflect the hard work and dedication of our team, as well as the trust our customers place in the Madinet Masr name. It also highlights our ambitious vision to expand our land portfolio, strengthen our market leadership, and contribute to sustainable urban development in line with Egypt’s Vision 2030.”