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 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.

B.TECH Partners with MNHD to Establish New Headquarters in Taj City

B.TECH signs an agreement with Madinet Nasr Housing and Development (MNHD) to relocate its administrative headquarters to Kinda project in Taj City, Invest-Gate reports.

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.

MNHD Kicks off Elect in New Cairo

Madinet Nasr for Housing & Development (MNHD) announces the successful launch of phase I of Elect, a new development at the Company’s Taj City project in New Cairo, Invest-Gate reports.

SODIC Submits Non-Binding Offer to Acquire MNHD

Sixth of October Development and Investment Company (SODIC) submits a non-binding offer (NBO) for the potential cash acquisition of up to 100% of the share capital of Madinet Nasr Housing and Development (EGX: MNH ...

MNHD, CIB Seal EGP 1.1 bn Syndicated Loan Agreement

Egypt's Madinet Nasr for Housing and Development (MNHD) has agreed on an EGP 1.1 bn syndicated loan, aiming to proceed with plans to pump EGP 12 bn over the next three years into east Cairo's Sarai and Taj City pr ...

Minka Launches EGP 5 bn Project in East Cairo

Minka Development has launched an integrated urban development in east Cairo, called “Kinda,” with planned investments of EGP 5 bn, attempting for completion in 2025.

MNHD Sells Land Plot for EGP 1.15 bn in Taj City

Egypt's urban developer Madinet Nasr Housing and Development (MNHD) has inked a deal selling a 114,537-square-meter residential land plot in Taj City to Sallam family-owned Minka Real Estate Investment for EGP 1.1 ...

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