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Madinet Nasr for Housing and Development

Madinet Masr expects sales to exceed EGP 20 billion in 2023 for the first times since its establishment

Madinet Masr breaks records and achieves the highest contracted sales in Q3 in its history

SODIC moves away from MNHD acquisition plan and looks to alternatives

In a separate interview with Al Arabiya, Sherif mentioned that Aldar Properties, which owns the majority stake of SODIC, has a strategy to expand in Egypt that includes new acquisitions

MNHD shareholders veto SODIC’s offer, echoing BoD message of “too low”

In a shareholder meeting during a general assembly yesterday, a majority of shareholders vetoed SODIC’s request to begin due diligence

SODIC announces intention to acquire MNHD

The Financial Regulatory Authority has revealed that it received a non-binding purchase offer from SODIC for MNHD’s shares