Madinet Nasr Housing and Development

Talaat Moustafa Group, Egypt's most powerful real estate company

Tue, 09 Feb 2021 - 10:53 GMT

The infographic results were based on 3 main indicators, which are the volume of the land and assets portfolio, revenues, and the contractual sales .

MNHD finalizes securitization issuance by LE 370M

Thu, 19 Dec 2019 - 02:31 GMT

MNHD clarified that this step came as part of the company’s plan to monetize receivables from delivered units in Tag Sultan and other completed projects.

SODIC’s merger offer with MNHD is over

Wed, 23 Jan 2019 - 02:40 GMT

In a filing to the Egyptian Exchange (EGX), MNHD attributed the decline of negotiations to disagreement on the terms of the swap transaction.

Madinet Nasr Housing records profit of LE 869M in 9 months

Sun, 04 Nov 2018 - 04:03 GMT

As per standalone results, the company achieved a profit of LE 816.7 million during the January to September period, compared to LE 755.9 million in 2017.

SODIC welcomes Madint Nasr’s offer for merging or acquisition

Wed, 11 Apr 2018 - 12:38 GMT

SODIC clarified that the discussions will bring benefits and synergies to both companies.

Madinet Nasr Housing posts LE 1.16B revenues in H1

Tue, 08 Aug 2017 - 12:52 GMT

Sales grew five-fold to reach LE 2.4 billion in the first six months of 2017 and advanced to LE 576.8 million in the second quarter of the year.