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Madinet Masr pens MoU with Qwell to offer integrated smart living units

Madinet Masr signed a memorandum of understanding (MoU) with Qwell, the first network dedicated to designing and curating elevated senior lifestyle solutions, to offer an integrated smart living model for senior citizens

Updated 12/3/2025 1:14:00 PM
Madinet Masr, Group Construction sign development agreement for Sarai project

Madinet Masr signed a memorandum of understanding (MoU) with Group Construction, a company specialized in integrated construction services, to do construction works within the Sarai project/

Updated 12/1/2025 9:34:00 AM
Madinet Masr, Waheej Real Estate launch Citydom

Madinet Masr and Waheej Real Estate announced the launch of Citydom, a jointly owned real estate entity established between the two companies.

Updated 11/19/2025 10:37:00 AM
Madinet Misr reports EGP 7.4B revenues in 9 months

Madinet Misr, a leading developer of modern urban communities in Egypt, announced its standalone financial results for the first nine months of 2025, recording total revenues of EGP 7.4 billion and a net profit of EGP 2.4 billion, as per an emailed press release.

Updated 11/11/2025 10:35:00 AM
Madinat Masr records EGP 36.3B in sales in 9 months

Madinat Masr recorded new sales of EGP 36.3 billion and reservations exceeding EGP 2 billion during the first nine months of 2025.

Updated 11/5/2025 9:25:00 AM
Madinet Masr unveils Elm Tree Park project with EGP 11B investments

Madinet Masr has launched the “Elm Tree Park” project among its Sarai flagship development, with total investments amounting to EGP 11 billion

Updated 10/26/2025 11:28:00 AM
Madinet Masr eyes expansion abroad with $5M in initial investment

The board of Madinet Masr approved the establishment of real estate development companies outside Egypt, as well as approval for initial investments of nearly $5 million

Updated 9/29/2025 1:50:00 AM
FRA approves Madinet Masr’s SAFE Real Estate Fund establishment

Madinet Masr, one of Egypt’s leading urban community developers, has obtained approval from the Financial Regulatory Authority’s (FRA) committee for establishing and licensing companies to establish the SAFE Real Estate Fund and SAFE for Securities Promotion, Underwriting, and Real Estate Investment Fund Management, as per a disclosure.

Updated 9/3/2025 10:05:00 AM
Madinet Masr posts EGP 1.28B consolidated profits in H1 2025

Madinet Masr logged consolidated net profits after tax and non-controlling interest valued at EGP 1.281 billion in the first half (H1) of 2025, an annual drop of 11.88% from EGP 1.454 billion

Updated 8/12/2025 9:44:00 AM
Madinet Masr launches Talala project with EGP 90B investments

Madinet Masr has launched its latest project ‘Talala’ in the heart of New Heliopolis City, with a total investment of EGP 90 billion

Updated 8/6/2025 9:55:00 AM
Madinet Masr’s SAFE app generates EGP 300M in less than 6 months

Madinet Masr’s investment platform Secure Assets for Fixed Earnings (SAFE) managed transactions at a combined value of nearly EGP 300 million in less than six months

Updated 6/25/2025 10:59:00 AM
Madinet Masr signs MoU to expand presence in Saudi real estate market

Madinet Masr inked a memorandum of understanding (MoU) with Waheej for Real Estate to explore creating a joint real estate development company in Saudi Arabia

Updated 6/15/2025 9:31:00 AM
Madinet Masr commences developing subsidiary in Dubai

Madinet Masr began establishing a wholly owned subsidiary in Dubai under the name "Cities of the World”, according to a bourse statement.

Updated 6/1/2025 10:26:00 AM
Madinet Masr logs EGP 11.5B in Q1 2025 contracted sales

Madinet Masr reported contracted sales of EGP 11.5 billion during the first quarter (Q1) of 2025, down 22.9% year on year (YoY).

Updated 5/25/2025 11:23:00 AM
Madinet Masr launches Shark Tank Business Park in Taj City

Madinet Masr has launched Shark Tank Business Park, in collaboration with Innovative Media Production (IMP) and Sony Pictures Entertainment.

Updated 5/22/2025 10:17:00 AM
Madinet Masr announces 2024 dividend distribution date

Madinet Masr will distribute cash dividends of EGP 0.25 per share to shareholders for 2024 earnings.

Updated 5/13/2025 9:20:00 AM
Madinet Masr’s OGM greenlights dividend distribution for 2024

Madinet Masr’s ordinary general meeting (OGM) approved disbursing cash dividends of EGP 0.25 per share for 2024

Updated 4/17/2025 10:12:00 AM
Madinet Masr’s consolidated profits surge 36.94% YoY in 2024

Madinet Masr reported a 36.94% year-on-year (YoY) increase in consolidated profits attributable to the parent company during 2024.

Updated 3/20/2025 9:36:00 AM
Madinet Misr reports EGP 2.8B in 2024 standalone net profit amid record sales growth

Madinet Misr announced record financial results for 2024, with net profit reaching EGP 2.8 billion, a 33.3% year-on-year (YoY) increase, supported by strong demand and strategic expansions.

Updated 3/9/2025 9:34:00 AM
Madinet Masr’s sales jump to EGP 46.1B in 2024

Madinet Masr registered sales amounting to EGP 46.1 billion in 2024

Updated 2/16/2025 10:13:00 AM