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

user icon
GHADA.ISMAIL
calender icon
Aug 12, 2024
article image

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.


Share

Related News

SIF to launch first sports innovation incubator in Saudi Arabia
News
Calendar Icon
April 23, 2026
SIF to launch first sports innovation incubator in Saudi Arabia
Read More
Manara Minerals shifts strategy from M&A to partnerships
News
Calendar Icon
April 23, 2026
Manara Minerals shifts strategy from M&A to partnerships
Read More
Saudi OmniOps joins Grafana Labs Partner Program to boost AI observability
News
Calendar Icon
April 22, 2026
Saudi OmniOps joins Grafana Labs Partner Program to boost AI observability
Read More
KACST, ispace partner to develop lunar exploration technologies in Kingdom
News
Calendar Icon
April 22, 2026
KACST, ispace partner to develop lunar exploration technologies in Kingdom
Read More
Ashmore Saudi unveils second acquisition in Saudi education sector
News
Calendar Icon
April 22, 2026
Ashmore Saudi unveils second acquisition in Saudi education sector
Read More
Saudi Arabia climbs to 10th globally in FDI Confidence Ranking
News
Calendar Icon
April 22, 2026
Saudi Arabia climbs to 10th globally in FDI Confidence Ranking
Read More
Deloitte Fast 50 highlights region’s high-growth tech leaders
News
Calendar Icon
April 22, 2026
Deloitte Fast 50 highlights region’s high-growth tech leaders
Read More
SIF launches sports investment funds worth over SAR 700 mn
News
Calendar Icon
April 22, 2026
SIF launches sports investment funds worth over SAR 700 mn
Read More
solutions signs SAR 132.4 mn contract to upgrade stc cloud data network
News
Calendar Icon
April 21, 2026
solutions signs SAR 132.4 mn contract to upgrade stc cloud data network
Read More
Chairman: Jarir expands footprint with plan to open 7 branches
News
Calendar Icon
April 20, 2026
Chairman: Jarir expands footprint with plan to open 7 branches
Read More