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Cairo, 1 November – Madinet Masr (EGX: MASR.CA) announced its operational performace for for the third quarter and first nine months of 2026 recording EGP 45.4 billion in new sales during the 9M 2026 reflecting continued demand for its diversified real estate portfolio.
The company also delivered 1,787 units during 9M 2026, representing a 76% increase compared to 1,014 units in the corresponding period of 2025. This growth highlights Madinet Masr's continued progress in accelerating project execution and fulfilling its delivery commitments, reinforcing its focus on operational efficiency and customer satisfaction.
Madinet Masr also achieved strong growth in net cash collections, reaching EGP 15.2 billion during 9M 2026, compared to EGP 11.3 billion in the corresponding period of 2025, representing a 35% YoY increase. This performance reflects the company's continued focus on strengthening cash generation, maintaining collection efficiency, and supporting the execution of its expanding development pipeline.
The company's operational performance underscores the resilience of its business model, supported by sustained demand for its developments and ongoing progress across its construction and delivery schedules. Madinet Masr remains committed to translating its sales momentum into project execution, timely deliveries, and long-term value creation for its customers and shareholders.
.As part of its ongoing capital management strategy, Madinet Masr also 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. The initiative reflects the company's focus on enhancing long-term shareholder value.
Eng. Abdallah Sallam, President and CEO of Madinet Masr, said: “"Our performance during the third quarter and first nine months of 2026 reflects the continued strength of Madinet Masr's business fundamentals and the confidence our customers place in our developments. 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."
Looking ahead, Madinet Masr remains focused on advancing its long-term growth strategy through the development of its land portfolio, diversification of its residential and commercial offerings, and continued investment in integrated urban communities across strategic locations in Egypt. Leveraging its development expertise and established market presence, the company aims to sustain operational momentum, strengthen financial resilience, and capitalize on emerging opportunities within the Egyptian real estate market.