Tag: MNHD

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…

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MNHD plans capital increase to fund acquisition, development projects

Around half of the EGP 374.4m amount is earmarked for the acquisition…

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First securitisation bonds issuance for MNHD worth EGP 300m completed: EFG Hermes

It is part of 3-year bond issuance programme worth EGP 3bn

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MNHD reports 39.6% sales drop in 9M 2021

Company’s revenue down 4.3% y/y to EGP 428.4m in 3Q 2021

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MNHD appoints Abdallah Sallam as new CEO

Company to acquire MINKA Developments

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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…

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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…

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Majid Al Futtaim, Mountain View, MNHD obtain tender booklet for Heliopark project

Heliopolis Housing and Development Company negotiates with three banks to obtain financing…

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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

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