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.
Madinet Masr
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.
Madinet Masr, Redcon partner on $12.4-million investment in Egypt
Madinet Masr seals a strategic partnership deal with Redcon Spain Construction for sprawling Sarai development.
Egyptian magnate Abdallah Sallam’s Madinet Masr’s Sheya project records $106.6 million in sales
Located near the New Administrative Capital on a 228,212-square-meter plot, Sheya is slated for completion within four years.