Shary

3 November 2026 · 1 min read

Madinet Masr Sales Surge to EGP 45.4 Billion in 9M 2026

Madinet Masr recorded contractual sales totaling EGP 45.4 billion during the first nine months of 2026, driven by sustained demand across its residential and commercial projects in Egypt.

Madinet Masr Sales Surge to EGP 45.4 Billion in 9M 2026

The developer completed the delivery of 1,787 units during the nine-month period compared to 1,014 units during the corresponding period of 2025, representing a 76% increase in handover volume. Net cash collections rose 35% to EGP 15.2 billion, while the company continued its capital management program by repurchasing 42.7 million treasury shares, amounting to 2% of total shares listed on the Egyptian Exchange.

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Shary's take: what it means for buyers and investors

The strong operational metrics highlight robust construction execution and collection discipline, offering reassurance to existing unit buyers regarding construction milestones. For equity investors on the EGX, the solid cash generation provides downside protection in a capital-intensive sector.

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published 1 November 2026

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