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Madinet Masr Triples its Sales and Achieves EGP 34.95 Bn in Total Contractual Sales During 2023 compared to EGP 11.2 Bn in 2022

We are on the right track and our strong performance stems from the unwavering trust of our customers and our dedicated team: Eng. Abdallah Sallam

Cairo, Egypt, 29 January 2024: Madinet Masr (stock code MASR.CA), one of Egypt’s leading urban community developers, has succeeded in achieving a remarkable increase in total contractual sales amounting to EGP 34.95 Bn during the fiscal year ending December 31st, 2023, compared to EGP 11.2 Bn during the same period in 2022. This impressive performance is driven by its expansion and growth strategy, that focuses on developing its diverse land portfolio, to meet its customer needs and aspirations, investing in human resources, and offering innovative real estate products to strengthen its leadership position and contribute to the growth of the Egyptian real estate market.

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