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Madinet Masr reports 45.4 billion EGP in new sales for first nine months of 2026
Madinet Masr has announced its operational results for the third quarter and the first nine months of 2026, reporting new sales totaling 45.4 billion EGP. This performance reflects sustained demand for the company’s diverse real estate project portfolio.
The company reported a significant increase in unit deliveries, with 1,787 units delivered during the first nine months of 2026, a 76% increase compared to the 1,014 units delivered during the same period in 2025. Net cash collections also grew by 35% year-on-year, reaching 15.2 billion EGP.
As part of its capital management strategy, Madinet Masr continued its treasury share buyback program, purchasing 42.7 million shares, representing 2% of the company’s total shares. CEO and Managing Director Abdullah Salam stated that the results reflect the strength of the company’s business fundamentals and continued customer confidence.