MNHD reports 39.6% sales drop in 9M 2021
Company’s revenue down 4.3% y/y to EGP 428.4m in 3Q 2021
Latest in Tag: Madinet Nasr for Housing and Development Highlight
Latest in Tag: Madinet Nasr for Housing and Development
MNHD eyes medium, long-term expansion to different areas
Company is particularly interested in Egypt’s North Coast region
MNHD eyes EGP 7.5bn worth contractual sales in 2020
For the aim of diversifying its land bank, MNHD has acquired a plot of land of 104 feddan in Nasser city, West Assiut, for mixed-use development.
MNHD achieves EGP 4.6bn sales in 10M 2019
Company targets 20%increase in sales 2020, says general manager
MNHD approves selling non-residential land plot for EGP 55,000 per sqm
Madinet Nasr for Housing and Development (MNHD) announced on Tuesday its approval to sell a 3,360 sqm land plot for a total of EGP 184,800,000, for EGP 55,000 per sqm to Minka Investment (MI). MNHD, one of Egypt’s leading urban developers, said that the board of directors of the company, during their meeting held on …
MNHD studies obtaining EGP 1bn loan to fund Sarai project
Company aims to achieve sales from EGP 5.5-6bn in 2018, says CEO
MNHD completes development studies of new commercial zone within 6 months
The registration of certificates of deposit in London Stock Exchange will be completed within 6 weeks
MNHD plans to secure EGP 2bn via banking alliance, repay within 8 years
The company will propose Sarai’s tender within six months and launch K-Zone project in H1 of 2017