Arab Finance: Madinet Masr is planning to launch its new residential project, in partnership with Heliopolis Housing Company, before the end of 2024, Asharq Business reported, citing the company’s CEO Abdallah Sallam.
On May 23rd, the board of directors of Heliopolis Housing Company gave the green light to a proposal put forth by Madinet Masr for a new residential project.
The project will be built on an area spanning 490 feddans, and aims to generate targeted revenues of EGP 194.4 billion.