INVESTOR RELATIONS

MNHD

Share Price

EGP 3.37 /Share

+ 5.31%

High:EGP 3.42
Low:EGP 3.17
Open:EGP 3.20
Close:EGP 3.37

Last trade
06/12/2022 14:29:PM
Data delayed 15-20 min

Madinet Nasr for Housing & Development (mnhd) is one of Egypt’s premier urban community developers. The Company is privileged to be serving millions of Egyptians and their communities for over 60 years and continues to deliver on its promises of excellence and value.

Historical Share Price

Press Releases

MNHD Signs Contract with Madkour Utilities for Sarai

Madkour Utilities will be in charge of managing and operating electricity and water smart metering systems across Sarai

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MNHD Signs a Construction Agreement with DMC to Develop Lake Park Project

EGP 350 million agreement entails the full construction of 13 buildings at Taj City development

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MNHD Partners with Asten College, Microsoft to Launch First School at Taj City

The school will follow the British education system (IGCSE) and will be among the first to implement a digital transformation in education

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MNHD Signs MoU with El Hazek Construction

EGP 1.5 bn agreed for Shalya project

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MNHD Achieves All-Time Record for Single-Month Reservations

Company books EGP 1.5 billion for July 2022

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MNHD Launches Elect, Recording EGP 400 million in First Phase Sales

Half of units at the development's first phase were sold over a two-day period, as MNHD moves forward with plans to develop its valuable unlaunched land bank at Taj City

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MNHD Shareholders Reject SODIC Due Diligence

Latest News

alarabiya interviews MNHD CEO Abdallah Sallam

Abdallah Sallam, CEO of Egyptian real estate developer MNHD, discusses new launches and key drivers behind the impressive Q3 2022 results. Continue Reading

B.TECH sets up new HQ at Taj City in partnership with MNHD

MNHD welcomes Egypt's leading electronics and home appliances retailer at Taj City's Kinda development. Continue Reading

MNHD Intends to Deliver 1,500 Units by Year-End

MNHD has completed the delivery of approximately 832 units during the first half of this year, as part of its plan to complete between 1,500 – 2,000 units by the end of 2022, up from 1,090 units delivered ... Continue Reading

MNHD in Forbes Middle East magazine Top listed 50 companies in Egypt 2022

Despite instability in the domestic and global economies, Egyptian companies have recorded significant growth over the past year, led by the financial services, industrial, and real estate sectors. Continue Reading

How are Egypt’s real estate developers being impacted by recent inflation and the devaluation?

Egypt’s infrastructure players are being squeezed by rising raw and building material prices, higher borrowing costs, and the Central Bank of Egypt’s (CBE) 21 March decision to let the EGP slide against ... Continue Reading

MNHD reports EGP 271.5m in gross profit during 1Q 2022, growing 12.4% y-o-y

Madinet Nasr for Housing and Development (MNHD), one of Egypt’s urban community developers, has announced its standalone financial results for the first quarter (1Q) of 2022, reporting a net profit of ... Continue Reading

bt100 awards MNHD “Best performing company in the EGX with the best financial results

Bt100 celebrates the successes of the Egyptian economy and honors business leaders for their role in its development Continue Reading

Abdallah Sallam, CEO of Egyptian real estate developer, MNHD, speaks to CNBC Arabia

Abdallah Sallam, CEO of Egyptian real estate developer, MNHD, tells CNBC Arabia “Liquidity is at healthy levels and West Cairo will be an area for future growth Continue Reading

MNHD PLANS CAPITAL INCREASE TO FUND ACQUISITION, DEVELOPMENT PROJECTS

Around half of the EGP 374.4m amount is earmarked for the acquisition of MINKA Continue Reading

FIRST SECURITISATION BONDS ISSUANCE FOR MNHD WORTH EGP 300M COMPLETED

EFG Hermes has announced that its Promotion and Underwriting Sector succeeded Continue Reading

MNHD APPOINTS ABDALLAH SALLAM AS NEW

Madinet Nasr Housing and Development (MNHD), announced that the board of directors met Continue Reading