Arab Finance: Madinet Masr has signed a contract with MIDAR for Investment and Urban Development to develop an integrated residential project under the revenue-sharing system in the fourth phase of Al Amal Axis in Mostakbal City, as per a statement.

The project is set to be implemented on around 1 million square meters, with the aim of expanding and developing Madinet Masr’s land portfolio and creating advanced residential communities.

The project comprises diverse mix of residential units, commercial areas, and a wide range of services and utilities.

“We are proud to partner with Midar for Investment and Urban Development to implement a mixed-use urban community that adds value to its residents through its prime location and innovative designs,” Abdallah Sallam, President and CEO of Madinet Masr, commented.

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