Madinet Masr and its CEO receive awards from prestigious institutions for their pioneering impact in the egyptian real estate market

  • Date: 15-Jan-2024
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Madinet Masr and its CEO receive awards from prestigious institutions for their pioneering impact in the egyptian real estate market

Cairo: – With a remarkable growing performance and record-breaking sales, Madinet Masr (Stock Code MASR.CA), one of Egypt’s leading urban community developers, concludes 2023 with many successful achievements which further strengthened its established position among the top leading real estate developers in Egypt. Madinet Masr and its CEO are recognized by several prestigious international and local institutions which is a testament of their leading and pioneering role and strong performance in the Egyptian real estate market.

One of the key drivers to this recognition is the company’s extensive expertise, vast growth and solid financial results in 2023, witnessing record- breaking sales in 2023.

Due to the diligent efforts of a team work under the leadership of Eng. Abdallah Sallam, President and CEO of Madinet Masr as well as the most innovative offerings and solutions introduced throughout the year, Madinet Masr was listed by Forbes Middle East Magazine as one of Egypt’s Top 50 Listed Companies in 2023, based on the financial information and data of companies listed on the EGX for market value, sales, total assets, and net profits. The company was also recognized as “Best Performing Real Estate Company in Egypt 2023” by Global Business Magazine, “Best Performing Real Estate Company