Madinet Masr’s net profit reaches $52 million as new projects fuel growth
Net profit rose by 88.9 percent, exceeding $50 million, as contracted sales more than doubled and revenue surged 62.9 percent.
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.
Located near the New Administrative Capital on a 228,212-square-meter plot, Sheya is slated for completion within four years.