MNHD Eyes EGP 1 bn Loan From CIB

Egyptian developer Madinet Nasr Housing and Development (MNHD) has ratified signing a medium-term loan with the Commercial Bank of Egypt (CIB) worth EGP 1 bn to fund two projects

MNHD Launches Taj City Phase II 

Egyptian urban developer Madinet Nasr for Housing and Development (MNHD) is launching the second phase of its gated community Taj City in New Cairo, Invest-Gate reports.

MNHD Contracts Increased to EGP 3.8 bn in 2016

The value of Madinet Nasr for Housing & Development’s (MNHD) contracts has increased to record EGP 3.8 bn, compared to the 2015 contracts which recorded EGP 876 mn.

MNHD Records 140% Increase in New Contracts in 2016

Madinet Nasr Housing and Development (MNHD), an Egypt-based real estate developer, released its second quarter financial statements, recording revenues of EGP 220.2 million.

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