Madinet Masr signs MoU With Aboelwafa to build ClubSide in Taj City

Updated 1/21/2026 10:28:00 AM
Madinet Masr signs MoU With Aboelwafa to build ClubSide in Taj City

Arab Finance: Real estate developer Madinet Masr has signed a memorandum of understanding (MoU) with Aboelwafa for Contracting and Real Estate Investment Company to execute construction works in the ClubSide project within Taj City, with total investments of EGP 3.3 billion, as per a press release.

Under the MoU, Aboelwafa will carry out the construction of 40 residential buildings along with the associated infrastructure within the ClubSide development.

The works are scheduled for completion by the end of 2027, in line with Madinet Masr’s timeline for developing fully integrated urban communities within Taj City.

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