Madinet Masr intends to launch “Doors” in Saudi Arabia by 2025

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GHADA.ISMAIL
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Aug 12, 2024
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Riyadh – Sharikat Mubasher: Madinet Masr, an Egypt-based leading real estate developer, announced plans to penetrate the Saudi real estate market with “Doors”, a sales arm and subsidiary of the company for real estate management.

Madinet Masr hopes to take such a stride by the year 2025, after announcing the foundation of “Doors” in Egypt first then expand into the Saudi Market, Abdallah Sallam, CEO of Madinet Masr told Asharq Business.

Sallam added that his company is currently conducting thorough feasibility studies before entering the Saudi market to ensure a powerful presence that leaves a significant footprint in such a prominent real estate market. 

Since its inception, Madinet Masr for Housing & Development (formerly known as Madinat Nasr) has managed to carve a unique niche in Egypt's real estate landscape, amalgamating a rich history with a steadfast commitment to quality and diversity. MNHD's roots trace back numerous years, establishing itself as an innovative real estate development company in the Egyptian market.

MMHD's scope goes beyond mere construction; it focuses on providing diverse projects in strategic and vibrant locations, demonstrating its dedication to meeting the varied needs and aspirations of its clientele. Madinat Nasr offers a range of residential units in various shapes and sizes, meticulously designed to accommodate different lifestyles while striking an ideal balance between luxury and practical functionality.

In addition to diversity, MMHD stands out with flexible payment plans, empowering various segments of society to achieve their dream of suitable housing. These plans are exceptional in their flexibility and suitability, making investments in MMHD properties an exceptional opportunity for ownership and stability.


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