Madinet Masr concludes 2023 with significant awards from prestigious institutions
Updated 1/16/2024 2:43:00 PM
Arab Finance: Madinet Masr concluded 2023 with various significant achievements that bolstered its position among the top leading real estate developers in Egypt, according to an emailed press release.
The company and its CEO are recognized by many well-known international and local institutions, proving its pioneering role and robust performance in the Egyptian real estate market.
In 2023, Madinet Masr was listed by Forbes Middle East Magazine as one of Egypt’s Top 50 Listed Companies in 2023, and was also recognized as “Best Performing Real Estate Company in Egypt 2023” by Global Business Magazine.
It was also awarded “Best Performing Real Estate Company 2023” from World Business Outlook and “Best Investor Relations in Real Estate for Egypt 2023” by The Global Economics Awards.
Moreover, the company was recognized as “Fastest Growing Real Estate Company 2023” from International Business Magazine, along with other awards from Brands and Business Magazine.
This is along to other recognitions from local publications including Daily News Egypt and Amwal Al Ghad magazine “Top 100 Companies” award.
As for innovation, Madinet Masr highly invested in youth ideas that enabled it be named as the “Most Innovative Urban Developer in Egypt in 2023” by the Global Brand Magazine, as well as the “Most Innovative Real Estate Company in Egypt for 2023” from World Economic Magazine.
In terms of leadership, the company’s President and CEO Abdallah Sallam was recognized as the “Real Estate CEO of the Year 2023” by World Business Outlook and “Best Emerging CEO in Real Estate Industry 2023” by The Global Economics Magazine.
“These awards demonstrate Madinet Masr's leadership in the Egyptian real estate market and inspire us to continue our growth strategy locally and regionally, capitalizing on our long and successful track record of over 64 years in the real estate sector,” Salem said.
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