Abdallah Sallam’s Madinet Masr signs $11.6 million deal for development project
This partnership underscores the company’s strategic focus on expanding its presence in Egypt’s high-growth real estate market through key collaborations.
This partnership underscores the company’s strategic focus on expanding its presence in Egypt’s high-growth real estate market through key collaborations.
Net profit rose by 88.9 percent, exceeding $50 million, as contracted sales more than doubled and revenue surged 62.9 percent.
Madinet Masr seals a strategic partnership deal with Redcon Spain Construction for sprawling Sarai development.
Madinet Masr, led by Abdallah Sallam, launches luxury project in Mostakbal City.
Under the leadership of Abdallah Sallam, a prominent figure holding a five-percent stake in the company, MNHD displayed exceptional performance in 2023.
Sallam owns a five-percent stake in MNHD.
Sallam’s five-percent stake in MNHD is now valued at $13.85 million.
Sallam owns five percent of MNHD.
Sallam owns five-percent of the real estate company.
Sallam controls a five-percent stake in MNHD.