State-run Madinet Nasr for Housing and Development (MNHD) has approved an EGP 30 mn offer to sell its 98.4%-owned subsidiary, called Nasr Utilities and Installations (NUI), to an unnamed strategic investor.
Cairo-based Emaar Misr for Development has denied news regarding negotiations with Madinet Nasr Housing and Development (MNHD) over an acquisition.
Egypt’s Madinet Nasr for Housing and Development (MNHD) has called off a planned merger via a share-swap with the Sixth of October Development and Investment Company (SODIC) due to failure to reach an agreement wi ...
Sixth of October for Development and Investment (SODIC) announced its preliminary intentions to submit a mandatory tender offer to acquire at least 51% stake in Egypt’s urban developer Madinet Nasr Housing and Dev ...
Madinet Nasr Housing and Development (MHND) and Sixth of October Development and Investment (SODIC) have held a meeting on Thursday, May 17, in the presence of their advisors and top management to discuss options ...
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