Edition:
United Kingdom

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

MNHD.CA on Cairo Stock Exchange

7.61EGP
19 Feb 2019
Change (% chg)

£0.13 (+1.74%)
Prev Close
£7.48
Open
£7.53
Day's High
£7.70
Day's Low
£7.48
Volume
3,792,855
Avg. Vol
2,594,039
52-wk High
£12.34
52-wk Low
£6.18

Latest Key Developments (Source: Significant Developments)

Egypt's Medinet Nasr FY Consol Profit Rises
Monday, 18 Feb 2019 

Feb 18 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::FY CONSOL NET PROFIT AFTER TAX EGP 1.11 BILLION VERSUS EGP 933.1 MILLION YEAR AGO.FY CONSOL REVENUE EGP 2.78 BILLION VERSUS EGP 2.43 BILLION YEAR AGO.  Full Article

Egypt's Madinet Nasr Says Unable To Finalize Talks On Sodic Offer
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::BOARD UNABLE TO FINALIZE DISCUSSION ON SODIC OFFER TO BUY COMPANY.NO AGREEMENT REACHED ON SWAP FACTOR.  Full Article

Egypt's SODIC Updates On Mandatory Purchase Offer For Medinet Nasr
Sunday, 13 Jan 2019 

Jan 13 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::REQUESTS FRA TO EXTEND TIME LIMIT TO MAKE MANDATORY PURCHASE OFFER FOR SHARES OF MEDINET NASR FOR HOUSING AND DEVELOPMENT UPTO 60 DAYS.  Full Article

Egypt's Medinet Nasr Records EGP 5.5 Bln Contracted Sales And Bookings In 2018
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - MADINET NASR FOR HOUSING AND DEVELOPMENT ::SAYS CONTRACTED SALES AND BOOKINGS IN 2018 REACHED EGP 5.5 BILLION.  Full Article

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

MIDEAST STOCKS-Banks pressure Saudi, Global Telecom leads Egypt gains

* GTH surges to six-month high * IHC continues to gain on PAL Cooling acquisition talk * 10 of 11 Saudi banks slide * Saudi's Amana jumps on capital increase approval By Ateeq Shariff Jan 29 Saudi Arabia's stock market fell on Tuesday as most of its bank shares dropped while Egypt's blue-chip index gained, partly helped by Global Telecom on the prospect of it going private. Market sentiment was also hurt by weak global markets, as prospects for a long-aw