Arab Finance: Madinet Masr registered new sales valued at EGP 45.4 billion for the first nine months of 2026, reflecting continued demand for its diversified real estate portfolio, according to a statement.

The company also delivered 1,787 units during the January-September 2026 period, an annual rise of 76% from 1,014 units.

This growth reflects the developer’s progress in accelerating project execution and adherence to delivery schedules, reinforcing its focus on operational efficiency and customer satisfaction.

Madinet Masr also achieved strong growth in net cash collections, reaching EGP 15.2 billion at the end of September 2026, up 35% year-on-year (YoY) from EGP 11.3 billion.

As part of its ongoing capital management strategy, the group continued to execute the purchase of 42.7 million treasury shares representing 2% of the company’s total shares, under its previously announced share buyback program in June 2026.  

Abdallah Sallam, President and CEO of Madinet Masr, said: “The growth in net cash collections, alongside our progress in unit deliveries, demonstrates our focus on disciplined execution and sustainable growth.”

“As we move forward, we remain committed to accelerating development across our projects, expanding our diversified portfolio, and delivering integrated communities that create lasting value for our customers and shareholders,” Sallam added.

In the first half (H1) of 2026, the EGX-listed group achieved sales of EGP 27.2 billion, up 16.5% YoY, as both unit sales and deliveries increased across its portfolio.