MNHD Posts EGP 534.3 Mn Consolidate Profits; Contracted Sales Reach EGP 6.7 Bn
Revenue rises to EGP 3.082 bn in January-September from EGP 1.383 bn last year.
MNHD Signs EGP 35 mn Construction Agreement with DMC to Construct 13 buildings in Lake Park
The project is set to be delivered in 18 months and DMC will be in charge of the construction of the 13 buildings in Lake Park, mechanical, electrical, and plumbing work, and the facades.
MNHD Nods Total Egypt’s Land Rental Offer in Sarai
Madinet Nasr Housing and Development (MNHD) has nodded a previously-signed 25-year agreement with Total Egypt to lease a 3,000-square-meter land in its New Cairo compound, Sarai, adding up to the latter’s 7,000-sq ...
MNHD’s Presales Jump 83% in H1 2020
Egypt's Madinet Nasr Housing and Development (MNHD) has unveiled that its presales stood at EGP 3.77 bn in H1 2020, going up by 83% YoY from EGP 2.06 bn in the year-ago period.
MNHD Obtains Land Adjacent to Taj City
Madinet Nasr Housing and Development (MNHD) reached an agreement with the Armed Forces Land Projects Agency to exchange land plots in east Cairo
MNHD Secures EGP 300 mn Loan for Sarai
Madinet Nasr Housing and Development (MNHD) concluded on August 28 a contract with the Arab African International Bank (AAIB) to obtain an EGP 300 mn short-term loan
MNHD Sells Plot in Taj City to Develop Apartment Hotel
Madinet Nasr Housing and Development (MNHD) announced on March 26 that it will sell a non-residential plot in Taj City, east Cairo, to Minka Real Estate Investment for EGP 184.8 mn, in a bid to develop the first h ...
MNHD Posts EGP 5.5 bn Presales in 2018
Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) has logged EGP 5.5 bn in presales, including sales contracts and units' reservations, during 2018, primarily through the company's flagship proje ...
MNHD Logs Net Profits of EGP 869.1 mn in 9M
Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) posted a consolidated net profit of EGP 869.1 mn for the first nine months of 2018, up 1.3% year-on-year (YoY) from the year-ago period
MNHD Gets Approval for Additional Heights in Taj City
Egypt’s urban developer Madinet Nasr Housing and Development (MNHD) announced on September 26 that it received the approval of the Civil Aviation Authority for additional heights in its residential project Taj Cit ...
