Business

Madinet Masr Reports Record EGP 27.2 Billion Sales and 130% Surge in Deliveries in H1 2026

Madinet Masr (EGX: MASR.CA) has announced an outstanding operational and financial performance for the first half of 2026, driven by robust market demand and an aggressive expansion strategy. The company achieved record-breaking new sales of EGP 27.2 billion, representing a 16.5% year-on-year growth compared to the same period in 2025. This strong sales momentum was further reflected in unit volume, with over 2,900 units sold during the six-month period—a notable increase exceeding 71% year-on-year.

A key highlight of H1 2026 was the dramatic acceleration in project completions, with handovers jumping 130% to reach 1,200 units, up from 521 units delivered in H1 2025. This achievement underscores Madinet Masr’s firm commitment to construction timelines and customer satisfaction. Growth remained strong across key flagship developments including Taj City, Sarai, The Butterfly in Mostakbal City, and Talala in New Heliopolis. Additionally, the company expanded its commercial footprint by launching “Day 2 Night,” a premier commercial hub within Sarai designed to advance smart business infrastructure in New Cairo.

Commenting on the results, Eng. Abdallah Sallam, President and CEO of Madinet Masr, highlighted that these milestone achievements reinforce the company’s leading market position and reflect deep customer trust. Leveraging a rich heritage spanning over 67 years, Madinet Masr continues to focus on land bank expansion, portfolio diversification, and the execution of high-quality, integrated urban communities to drive sustainable long-term value for shareholders and homebuyers alike.

 

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