SODIC submits non-binding offer for the acquisition of up to 100% of MNHD
Headquartered in Cairo and listed on the Egyptian Exchange (EGX), MNHD is…
MNHD reports EGP 271.5m in gross profit during 1Q 2022, growing 12.4% y-o-y
Company delivers total of 361 units during 1Q 2022
MNHD plans capital increase to fund acquisition, development projects
Around half of the EGP 374.4m amount is earmarked for the acquisition…
First securitisation bonds issuance for MNHD worth EGP 300m completed: EFG Hermes
It is part of 3-year bond issuance programme worth EGP 3bn
MNHD reports 39.6% sales drop in 9M 2021
Company’s revenue down 4.3% y/y to EGP 428.4m in 3Q 2021
MNHD injects additional investments of EGP 486m in 2 mega projects during Q2 of 2021
MNHD’s investments in infrastructure, construction works amount to EGP 1.18bn in H1…
Madinet Nasr for Development reports net profit of EGP 115m for Q1 2021
MNHD has more than 10,000 units under development across eight key projects…
Majid Al Futtaim, Mountain View, MNHD obtain tender booklet for Heliopark project
Heliopolis Housing and Development Company negotiates with three banks to obtain financing…
Madinet Nasr Housing and Development records net profits of EGP 1.1bn in 2020
Company plans to distribute EGP 648m cash dividends for second consecutive year