INVESTOR RELATIONS

MMHD

Share Price

EGP 3.57 /Share

+ 1.42%

High:EGP 3.66
Low:EGP 3.52
Open:EGP 3.52
Close:EGP 3.57

Last trade
04/06/2023 14:27:PM
Data delayed 15-20 min

Madinet Masr is one of Egypt’s premier urban community developers. The Company is privileged to be serving millions of Egyptians and their communities for over 60 years and continues to deliver on its promises of excellence and value.

Historical Share Price

Press Releases

Madinet Masr receives the EGX Excellence Award for the Largest Trading Volume

The award reflects the company’s strong performance and investors’ trust as a leading developer in the Egyptian real estate market and its strategic vision to achieve growth and expansion.

Click here to download the press release
Madinet Nasr for Housing & Development (MNHD) Rebrands to Madinet Masr, Signaling a New Era of Geographic Expansion and Strategic Transformation

The rebranding reflects the Company's vision for the future and strategic growth aspirations as it expands beyond East Cairo to develop urban communities across Egypt.

Click here to download the press release
MNHD Launches the First Phase of Rai project in Sarai near the New Administrative Capital

Through Rai, MNHD continues to push the boundaries of luxury living with an unparalleled value proposition

Click here to download the press release
MNHD Closes Second Issuance Worth EGP 805.5 million on Securitized Bond

This is the second issuance for MNHD in an EGP 3.0 billion securitization program, in line with our strategy to leverage our strong fundamentals to drive operational and financial growth.

Click here to download the press release
MNHD Signs MoU with CONSTEC for The Construction of Two New Projects in Sarai Worth More than Half a Billion EGP

The MoU entails the construction works of “The Arena Mall” and “Cavana” inside Sarai in New Cairo.

Click here to download the press release
MNHD Launches the Second Phase of Clubside in Taj City, Recording EGP 1 billion in Sales

The new launch aligns with MNHD’s strategy to move forward with plans to develop Taj City’s land bank in New Cairo with total investments of EGP 3.6 billion for the first two phases of Clubside

Click here to download the press release
MNHD Introduces the Latest Investment Opportunity in Real Estate “SAFE” Leveraging “Fractional Property Ownership”

MNHD’s first project to implement “SAFE” (Secure Assets for Fixed Earnings) concept through The Hoft a hybrid property in Taj City, New Cairo.

Click here to download the press release
MNHD Signs Contract with Madkour Utilities for Sarai

Madkour Utilities will be in charge of managing and operating electricity and water smart metering systems across Sarai

Click here to download the press release
MNHD Signs a Construction Agreement with DMC to Develop Lake Park Project

EGP 350 million agreement entails the full construction of 13 buildings at Taj City development

Click here to download the press release
MNHD Partners with Asten College, Microsoft to Launch First School at Taj City

The school will follow the British education system (IGCSE) and will be among the first to implement a digital transformation in education

Click here to download the press release
MNHD Signs MoU with El Hazek Construction

EGP 1.5 bn agreed for Shalya project

Click here to download the press release
MNHD Achieves All-Time Record for Single-Month Reservations

Company books EGP 1.5 billion for July 2022

Click here to download the press release
MNHD Launches Elect, Recording EGP 400 million in First Phase Sales

Half of units at the development's first phase were sold over a two-day period, as MNHD moves forward with plans to develop its valuable unlaunched land bank at Taj City

Click here to download the press release
MNHD Shareholders Reject SODIC Due Diligence

Latest News

Madinet Masr plans to expand to new governorates

Abdallah Sallam, CEO of Egyptian real estate developer Madinet Masr, discusses expansion opportunities and drivers Continue Reading

Madinet Masr discloses dividends payment date for 2022

Madinet Masr announced the payment date of the EGP 0.15 per share dividends for 2022 earnings Continue Reading

MNHD rebrands to Madinet Masr

The new name embodies the heritage, excellence, and stability that have shaped the company’s history and will determine its future growth Continue Reading

CNBC Arabic interviews MNHD CEO Abdallah Sallam

Abdallah Sallam, CEO of Egyptian real estate developer MNHD, discusses drivers behind revenue growth Continue Reading

alarabiya interviews MNHD CEO Abdallah Sallam

Abdallah Sallam, CEO of Egyptian real estate developer MNHD, discusses new launches and key drivers behind the impressive Q3 2022 results. Continue Reading

B.TECH sets up new HQ at Taj City in partnership with MNHD

MNHD welcomes Egypt's leading electronics and home appliances retailer at Taj City's Kinda development. Continue Reading

MNHD Intends to Deliver 1,500 Units by Year-End

MNHD has completed the delivery of approximately 832 units during the first half of this year, as part of its plan to complete between 1,500 – 2,000 units by the end of 2022, up from 1,090 units delivered ... Continue Reading

MNHD in Forbes Middle East magazine Top listed 50 companies in Egypt 2022

Despite instability in the domestic and global economies, Egyptian companies have recorded significant growth over the past year, led by the financial services, industrial, and real estate sectors. Continue Reading

How are Egypt’s real estate developers being impacted by recent inflation and the devaluation?

Egypt’s infrastructure players are being squeezed by rising raw and building material prices, higher borrowing costs, and the Central Bank of Egypt’s (CBE) 21 March decision to let the EGP slide against ... Continue Reading

MNHD reports EGP 271.5m in gross profit during 1Q 2022, growing 12.4% y-o-y

Madinet Nasr for Housing and Development (MNHD), one of Egypt’s urban community developers, has announced its standalone financial results for the first quarter (1Q) of 2022, reporting a net profit of ... Continue Reading

bt100 awards MNHD “Best performing company in the EGX with the best financial results

Bt100 celebrates the successes of the Egyptian economy and honors business leaders for their role in its development Continue Reading

Abdallah Sallam, CEO of Egyptian real estate developer, MNHD, speaks to CNBC Arabia

Abdallah Sallam, CEO of Egyptian real estate developer, MNHD, tells CNBC Arabia “Liquidity is at healthy levels and West Cairo will be an area for future growth Continue Reading

MNHD PLANS CAPITAL INCREASE TO FUND ACQUISITION, DEVELOPMENT PROJECTS

Around half of the EGP 374.4m amount is earmarked for the acquisition of MINKA Continue Reading

FIRST SECURITISATION BONDS ISSUANCE FOR MNHD WORTH EGP 300M COMPLETED

EFG Hermes has announced that its Promotion and Underwriting Sector succeeded Continue Reading

MNHD APPOINTS ABDALLAH SALLAM AS NEW

Madinet Nasr Housing and Development (MNHD), announced that the board of directors met Continue Reading