Arab Finance: Madinet Masr President and CEO Abdallah Sallam has ranked 13th in the Real Estate and Construction category of Forbes Middle East’s Sustainability Leaders 2026 list, according to an emailed press release.

The recognition highlights the company’s efforts in sustainable urban development, heritage preservation, and environmental responsibility.

Among its key initiatives is Buyut Al-Khalifa, launched in 2025 to preserve historic buildings and revitalize public spaces in Historic Cairo. The project spans 3,000 square meters and includes restoring three historic buildings, refurbishing 19 building facades, and rehabilitating 1,200 square meters of public spaces.

Madinet Masr is also expanding electric vehicle (EV) charging infrastructure at its Taj City and Sarai developments and implementing energy-efficiency measures at its headquarters, including rooftop solar panels and smart lighting systems.

Forbes Middle East’s Sustainability Leaders 2026 list recognizes 145 executives across 17 sectors for their contributions to advancing sustainability, reducing environmental impact, and supporting the region’s transition toward a more sustainable future.

Sallam’s inclusion reflects Madinet Masr’s strategy to adopt a responsible development model that extends beyond traditional real estate development to encompass environmental stewardship, heritage conservation, and long-term value creation for communities.