Madinet Masr signs EGP 1.45bn MoU with Forward Contractors for Sarai construction works
Madinet Masr has signed a memorandum of understanding (MoU) with Forward Contractors to execute construction works worth EGP 1.45bn at Sarai, the company’s mixed-use development in East Cairo. The partnership forms part of Madinet Masr’s growth strategy to expand its
CIB leads syndicated loan of EGP 9bn for Madinet Masr in partnership with 6 banks
The Commercial International Bank—Egypt (CIB), acting as the lead arranger and financier, has successfully arranged a syndicated loan worth EGP 9bn for Madinet Masr Housing and Development Company, a key player in Egypt’s real estate sector. This loan, which spans
Madinet Masr increases construction investments EGP 10bn to expedite Sarai, Taj City projects
Madinet Masr is expediting work on its Sarai project near the New Administrative Capital and Taj City in east Cairo, allocating EGP 10bn in capital expenditures to meet project timelines. The company successfully implemented its expansion strategy throughout 2024, launching