FINANCIAL NEWS

Egypt-Madinet Nasr posts 520pct grow in contracted sales

05 Sep 2016

(MENAFN) Madinet Nasr Housing and Development (MNHD) proclaimed that it achieved contracted sales worth EGP519m in August, a growth of 520 percent.

Accordingly, sales performance improved amid the cited month, showing an increase of almost 520 percent to EGP519.1mn.

Additionally, the firm contracted sales for Tag Sultan and Taj City reached EGP1.08bn this year, compared to EGP234.4mn in 2015.

Moreover, the Waha and Primera project contracted sales touched EGP1.7mn in the July-August period, compared to EGP46.1mn in the same period of 2015.

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