Boeing says engine issues the key factor to be resolved on 777X    Ex-Real Madrid star Salgado promises Egyptians the Pharoahs will 'do their best' to win AFCON 2019    Egyptian, French foreign ministers discuss bilateral ties, regional developments by phone    Cairo's 'mother of Egyptian museums' set for revamp    500 mln euros allocated for Egypt-EU's 4-year cooperation plan: PM    China says will continue to support Hong Kong Chief Executive Lam    Tennis: 'Life-changing' operation rekindles returning Murray's love of tennis    Huawei CEO expects sales to drop to $100 billion in 2019, 2020    PSG consider Neymar sale as Al-Khelaifi sends warning to players    Egypt's PM Madbouly visits NMEC and aqueduct in Fustat    Egypt's PM Mostafa Madbouly inaugurates 5th Builders of Egypt forum on Sunday    Mobile app helps manage migraines    WHO panel decides not to declare international Ebola emergency    47,952 antiquities transferred to Grand Egyptian Museum: GEM project head    Sinai: Terror attacks decreasing    UPDATED: Sudan's state prosecutors charge Bashir with corruption    New national anti-FGM committee launches awareness campaign    Inaugural squash    Shrimp spaghetti capsicum in hot tomato sauce    Towelkinis — a new beachwear trend    Young gameaholics?    The official ball    Khartoum's blame game    Malak back on the podium    "Bahary" is showing at the Mashrabia    Some of Seif Wanly's paintings are on show at Salama gallery    Don't miss the yoga workshop at the MACIC    Islamic State's new strategy — III    Unsustainable approach    Charity and social justice    On a stronger footing    Egyptian security forces kill 8 terrorists involved in Arish checkpoint attack    Salma Al Saady Revisits World's Greatest Paintings    Misr Italia achieves EGP 2bn in sales of its projects in 5 months    Israel strikes Syrian targets after rockets fired at Golan Heights    Iran warns against any Gulf clashes, threatens oil would surpass $100 per barrel    Delek Drilling aims to start gas sale to Egypt by end-June    CBE allocates EGP 50bn for mortgage finance for middle-income people    Israel uses rubber bullets against Palestinians at Al-Aqsa Mosque    Hurghada starts banning single plastic bags use    Saudi Arabia celebrates Eid al-Fitr with 13 Arab artists    'Paranormal' loyal readers reveal expectations, fears over Netflix new series    Egypt releases 351 inmates on occasion of Sinai Liberation Day    CAF Champions League final total embarrassment    Egypt denies HRW's report on ‘Sinai 2018' operation    Al-Ashmawi extradited to Egypt    Tazkarty, online booking for AFCON tickets launched    Amending judicial regulations    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

MNHD achieves 13% y-o-y growth in contract sales in Q3 2017 to reach EGP 1.24bn
Contract sales reached EGP 3.64bn YTD
Published in Daily News Egypt on 12 - 10 - 2017

Madinet Nasr Housing and Development (MNHD) has recently announced its contract sales figures for the third quarter (Q3) of 2017, where its contract sales managed to grow by 13% to stand at EGP 1.24bn.
On the other hand, year-to-date (YTD) the company's contract sales reached EGP 3.64bn with 128% growth.
The CEO of MNHD, Ahmed El Hitamy, said the management is pleased with the company's performance in the aforementioned quarter, adding that the company's ability to meet its contract sales targets has relied greatly on the rollout of many consecutive launches at both Taj City and SARAI. "I am pleased to report that our performance so far gives me increased confidence in what MNHD will be able to deliver by year-end," El Hitamy added.
According to a report issued by MNHD, the company is actively working on meeting its unit-delivery schedules for 2017, with total units delivered to clients in Q3 2017, reaching 79 and 226 units year-to-date.
MNHD is a large Egyptian urban development company that has undertaken several major projects, such as the majority of the Nasr City district in Greater Cairo, which covers more than 40 million sqm, in addition to Taj City and SARAI. The company has more than 8,800 units under development in five major projects in Greater Cairo.

Clic here to read the story from its source.