Madinet Masr (EGX code: MASR.CA), one of Egypt’s leading urban community developers, has announced the launch of “Elm Tree Park”, the latest addition to its flagship development, Sarai, with total investments of EGP 11bn and targeted total sales of EGP 20bn. Strategically located near the New Capital, the project reflects the company’s ongoing expansion strategy and its commitment to supporting the sustainable growth of Egypt’s real estate sector, Invest-Gate reports.