Madinet Masr and El Hazek Construction Formalize Partnership to Enhance Development in Taj City with an Investment Surpassing EGP 900 Million

Madinet Masr (EGX code: MASR.CA), a prominent developer in Egypt’s urban community developers, announced the signing of a Memorandum of Understanding (MoU) with El Hazek Construction to advance infrastructure deve ...

MNHD Rebrands to Madinet Masr, Signaling New Era of Geographic Expansion

The decision to rebrand to Madinet Masr reflects the company’s vision to take its success to a much larger scale.

MNHD Kicks Off Phase I of Rai in Sarai project

The first phase of Rai offers a wide range of unit types, introducing S Villas that range in size from 212 to 239 sqm, in addition to 160-sqm townhouses.

MNHD Closes EGP 805.5 Mn Securitized Bond Issuance

The second tranche is valued at EGP 310.1 mn, with a tenor of 36 months and a credit rating of AA from MERIS, while the final tranche is valued at EGP 253.7 mn, with a tenor of 60 months and a credit rating of A f ...

MNHD Launches Phase II of Clubside in Taj City

Strategically located at the heart of Taj City, the first 2 phases of Clubside house 830 units in total with approximately 415 units per phase with a unique selection of 80-sqm lofts, apartments ranging in size fr ...

MNHD’s Gross Contracted Sales Hit EGP 11 Bn in 2022

MNHD delivers 2,070 units in 2022, up from 1,030 the year before.

MNHD, Constec Ink EGP 500 Mn MoU for 2 Projects in Sarai

The first project includes construction works in the Arena Mall, which has a built-up area of about 8,000 sqm of the total area of the project, which constitutes the commercial component of the Saray project.

MNHD wins IBM’s 2022 Award for Fastest Growing Real Estate Company in Egypt

The IBM award recognizes achievements in terms of performance, innovation, customer satisfaction, among other categories.

MNHD Inks MoU with El Hazek Construction

Madinet Nasr for Housing and Development (MNHD) signs a Memorandum of Understanding (MoU) with El Hazek Construction to carry out construction work worth EGP 1.5 bn for its projects starting with Shalya project in ...

MNHD Achieves EGP 1.5 bn in Reservations During July

Madinet Nasr for Housing and Development (MNHD) achieves EGP 1.5 bn in reservations in July 2022 only, Invest-Gate reports.

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