Egypt - Madinet Masr has announced that it has surpassed its annual sales goals for 2023 in just nine months, achieving record-breaking sales that exceeded the total sales of any previous year since the company’s establishment. The company expects its sales to reach EGP 20bn for the first time in its history by the end of the year. Additionally, all units in the Kinda project were sold during the first nine months of 2023, generating EGP1.9bn of sales. Moreover, the first phase of the Rai project in Sarai recorded sales worth EGP2.9bn, with a total of 350 units sold within six months. This marks the first project launched by Minka following its acquisition by Madinet Masr.
