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Madinet Nasr for Housing and Development SAE (MNHD.CA)

MNHD.CA on Cairo Stock Exchange

6.67EGP
10 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Madinet Nasr Updates On Sodic Settlement Agreement of EGP 800 Mln
Sunday, 9 Dec 2018 

Dec 9 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::UPDATES ON SODIC ANNOUNCEMENT REGARDING EGP 800 MILLION SETTLEMENT AGREEMENT.SAYS CO STILL INTERESTED TO COMPLETE DEAL WITH SODIC, WILL STUDY AND EVALUATE IMPACT OF THE SETTLEMENT ON SWAP FACTOR.SAYS SODIC SETTLEMENT HAS NO POTENTIAL IMPACT ON CO OR ITS FINANCIAL POSITION.  Full Article

Egypt's MNHD Completes Construction Of 2,956 Units In Q3
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::COMPLETES CONSTRUCTION OF 2,956 UNITS IN Q3 2018.SAYS DELIVERED 457 UNITS IN Q3 2018.  Full Article

Egypt's Madinet Nasr Q2 Consol Profit Rises
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::Q2 CONSOL NET PROFIT AFTER MINORITY INTEREST EGP 274.5 MILLION VERSUS EGP 103.5 MILLION YEAR AGO.Q2 CONSOL SALES EGP 656.2 MILLION VERSUS EGP 407.1 MILLION YEAR AGO.  Full Article

Madinet Nasr Q2 Standalone Profit Rises
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::Q2 STANDALONE NET PROFIT AFTER TAX EGP 245.5 MILLION VERSUS EGP 106.5 MILLION YEAR AGO.  Full Article

Egypt's Medinet Nasr Board Approves EGP 1 Bln Loan From CIB
Monday, 4 Jun 2018 

June 4 (Reuters) - MEDINET NASR FOR HOUSING AND DEVELOPMENT ::BOARD APPROVES MID-TERM LOAN OF EGP 1 BILLION FROM COMMERCIAL INTERNATIONAL BANK (CIB).LOAN TO FINANCE ZONE-T PROJECT AND TAJ CITY INFRASTRUCTURE.  Full Article

Egypt's Medinet Nasr Records Q1 Pre-Sales Of EGP 1.58 Bln‍​
Thursday, 5 Apr 2018 

April 5 (Reuters) - MEDINET NASR FOR HOUSING AND DEVELOPMENT ::RECORDS Q1 CONTRACTS AND BOOKINGS SALES WORTH EGP 1.58 BILLION‍​.  Full Article

Egypt's Medinet Nasr Gets PM's Approval for Taj City Master Plan ‍​
Monday, 8 Jan 2018 

Jan 8 (Reuters) - MEDINET NASR FOR HOUSING AND DEVELOPMENT ::GETS PRIME MINISTER'S APPROVAL FOR TAJ CITY MASTER PLAN ‍​.TAJ CITY MASTER PLAN APPROVAL WILL ALLOW COMPANY TO MARKET, LAUNCH NON-RESIDENTIAL COMPONENTS ‍​.  Full Article

Egypt's Medinet Nasr Records 2017 Pre-Sales of EGP 5.03 BLN
Monday, 25 Dec 2017 

Dec 25 (Reuters) - MEDINET NASR FOR HOUSING AND DEVELOPMENT ::ANNOUNCES PRE-SALES (CONTRACTS + RESERVATIONS) FOR YEAR 2017 REACHES EGP 5.03 BILLION VERSUS EGP 3.5 MILLION IN 2016.SAYS PRE-SALES OF EGP 5.03 BILLION IS PRIMARILY FROM SARAI WHICH REACHED EGP 3.1 BILLION FOLLOWED BY TAJ CITY WHICH RECORDED EGP 1.9 BLN‍​.  Full Article

Egyptian Exchange Says Banque Misr Sells Stake in Medinet Nasr for EGP 275 MLN
Monday, 18 Dec 2017 

Dec 18 (Reuters) - EGYPTIAN EXCHANGE::BANQUE MISR SELLS 25 MILLION SHARES IN MEDINET NASR FOR HOUSING AND DEVELOPMENT FOR TOTAL VALUE OF EGP 275 MILLION, AT PRICE OF EGP 11 PER SHARE.BANQUE MISR REDUCES STAKE IN MEDINET NASR FOR HOUSING AND DEVELOPMENT TO 3.47 PERCENT FROM 5.97 PERCENT.  Full Article

Egypt's Medinet Nasr 9-month consol profit rises
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - MEDINET NASR FOR HOUSING AND DEVELOPMENT ::NINE-MONTH STANDALONE NET PROFIT EGP 756 MILLION VERSUS EGP 449.8 MILLION YEAR AGO.NINE-MONTH CONSOL NET PROFIT AFTER TAX EGP 757.1 MILLION VERSUS EGP 457.3 MILLION YEAR AGO.NINE-MONTH CONSOL REVENUE EGP 1.72 BILLION VERSUS EGP 1.11 BILLION YEAR AGO.  Full Article

MIDEAST STOCKS-Egypt enjoys best day in two years, oil pressures Gulf

Dec 10 Egypt's blue-chip index rose on Monday for its biggest one-day gain in two years, after the country's annual inflation dipped. Real estate continued to weigh on Dubai.