This can be directly linked to the devaluation of the Egyptian pound, which has made the country’s real estate market more attractive.
Egyptian magnate
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Sallam’s five-percent stake in MNHD is now valued at $13.85 million.
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Egyptian businessman Abdallah Sallam’s stake in MNHD stake slumps by nearly $4.5 million in 45 days
Sallam owns five percent of MNHD.
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Led by Egyptian magnate Abdallah Sallam, MNHD expects to award contracts worth $154 million this year
Sallam owns five-percent of the real estate company.
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Led by Egyptian magnate Abdallah Sallam, MNHD to execute $77.2 million construction works in Cairo
Sallam controls a five-percent stake in MNHD.