Eleqtisade News
  • Home
  • Economy
    • Economy of Egypt
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
    • Real Estate
    • Industry and investment
    • Cars and transportation
    • Energy
    • Know your bank
    • Markets
    • Opinion writers
    • Tourism & Aviation
    • video
  • English
    • العربية
    • English
28/05/2025 - 11:57 pm
No Result
View All Result
  • Home
  • Economy
    • Economy of Egypt
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
    • Real Estate
    • Industry and investment
    • Cars and transportation
    • Energy
    • Know your bank
    • Markets
    • Opinion writers
    • Tourism & Aviation
    • video
  • English
    • العربية
    • English
No Result
View All Result
Eleqtisade News
No Result
View All Result
  • Home
  • Economy
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
  • English

Madinet Masr Achieves a Significant Leap in Sales, Recording the Highest Total Value of EGP 36.7 billion by Q3 2024

«مدينة مصر» تحقق قفزة في المبيعات بتسجيلها 36.7 مليار جنيه خلال 9 أشهر
  • 28/10/2024 - 11:05 am
  • write : Ali
  • Home, Real Estate

Font size

A A
Share on FacebookShare on Twitter

Madinet Masr, one of Egypt’s leading real estate developers, reported a strong performance during the first nine months of 2024, achieving a significant leap in sales, achieving a total nominal value of EGP 36.7 billion. These figures underscore the company’s growing performance, the strength of its financial position, and the success of its expansion strategy aimed at developing its land portfolio and diversifying its projects in strategic locations. This approach aligns with Egypt’s Vision 2030 for urban development, delivering substantial customer value.

The company’s success is evident not only in sales figures but also in its ability to sell over 4,000 units across various projects within nine months —more than double the number of units sold compared to the same period last year.

For his part, Eng. Abdallah Sallam, President and CEO of Madinet Masr, expressed pride in the company’s year-over-year positive results, stating, “These achievements reflect the hard work and dedication of our team, as well as the trust our customers place in the Madinet Masr brand, bringing the company’s nominal value to EGP 36.7 billion. This trust is our greatest motivator as we continue our journey of success and strengthen our leading position in the real estate market. He further emphasized, “We are committed to expanding our land portfolio and diversifying our projects to create innovative real estate solutions that not only meet but exceed our customers’ aspirations. We remain committed to upholding the highest standards of quality and efficiency, building on our 65 years of legacy in the Egyptian real estate market.”

Madinet Masr’s growth strategy has successfully driven the launch of several new projects in the first nine months of the year. This includes launching new phases in ‘Taj City,’ ‘Sarai,’ and ‘The Butterfly’ in Mostakbal City, all of which have seen substantial demand, reflecting strong customer confidence in the quality of these developments.

Additionally, the company launched “Tajed,” the first integrated commercial district within “Taj City,” and introduced “Theqa,” the first-of-its-kind property warranty designed to substitute maintenance deposits in the Egyptian real estate sector. The company also has established the region’s first Swiss international school in collaboration with Club Kayan, a subsidiary of Blue Ribbon Company, a leader in sports club management.

Madinet Masr aims to enhance its land portfolio as part of its strategic expansion strategy, which spans over 12.6 million sqm, by developing new residential and commercial projects that adhere to the highest efficiency and quality standards.

Tags: Egyptfinancial positionMadinet Masrprojectsreal estate developerssales

Short link:

RelatedPosts

Related Posts

زيدس تُطلق خدماتها للنقل الذكي بالسوق المصرية
Cars and transportation

Zed’s Launches Smart Mobility Services in the Egyptian Market

«مدينة مصر» توقع شراكة إستراتيجية مع شركة «Dino Activations»
Home

Madinet Masr Signs Strategic Partnership with Dino Activations as the Official Sponsor

تعاون بين «مدينة مصر» و«الحاذق للإنشاءات» لتنفيذ أعمال تتجاوز 900 مليون جنيه بمشروع «تاج سيتي»
Home

Madinet Masr Signs MoU with El Hazek Construction to Accelerate Construction Progress in Taj City with an Investment Exceeding of EGP 900 million

تدشين «Veel Investments» للتسويق العقارى بمستهدف يتجاوز المليار جنيه بالعام الأول
Home

Veel Investments enters real estate market with ambitious EGP 1bn target for first year

مؤتمر «صناع القرار» يختتم نسخته الخامسة بتوصيات للنهوض بأداء القطاع العقاري
Home

«Decision Makers» Conference concludes its fifth edition with recommendations to enhance the performance of the real estate sector

«ريلمى» تطلق realme P1 Pro رسميًا في مصر
Home

realme Launches realme P1 Pro with Stunning Colors and Phoenix-Inspired Design and Sony LYT-600 Camera

Next Post
«أترمس» تستعرض أحدث الابتكارات والحلول في أنظمة المراقبة

ATERMES to showcase Cutting-Edge Surveillance Solutions at Milipol Qatar 2024

About Eleqtisade News

Eleqtisade News website is concerned with all economic affairs at the local level in various sectors, including banks, the stock market, investment, real estate, cars, communications, markets, tourism, energy, transportation, navigation, insurance, and others.

Categories

  • Banks
  • Cars and transportation
  • Economy of Egypt
  • Energy
  • External economy
  • Home
  • Industry and investment
  • Markets
  • Opinion writers
  • Real Estate
  • Social responsibility
  • Stock Exchange
  • Tech
  • Tourism & Aviation
All rights reserved 2024 © Eleqtisade News . Powered by 
  • About
  • Advertise
  • Careers
  • Contact
  • Editorial Board
  • Homepage
wpChatIcon
wpChatIcon
No Result
View All Result
  • Home
  • Economy
    • Economy of Egypt
  • Banks
  • Stock Exchange
  • Tech
  • Social responsibility
  • More
    • Real Estate
    • Industry and investment
    • Cars and transportation
    • Energy
    • Know your bank
    • Markets
    • Opinion writers
    • Tourism & Aviation
    • video
  • English
    • العربية
    • English

All rights reserved 2024 © Al-Iqtisadi News. Powered by