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

MNHD.CA on Cairo Stock Exchange

10.93EGP
14 Jun 2018
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Latest Key Developments (Source: Significant Developments)

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

Egypt's Medinet Nasr Q3‍​ contracted sales up 13 pct
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - MEDINET NASR FOR HOUSING AND DEVELOPMENT ::REPORTS EGP 1.24 BILLION IN CONTRACTED SALES FOR Q3, UP 13 PCT YEAR ON YEAR‍​.  Full Article

Egypt's Medinet Nasr Q1 consol profit rises
Sunday, 14 May 2017 

May 14 (Reuters) - Medinet Nasr For Housing And Development ::Q1 consol net profit EGP 407.2 million versus EGP 68.6 million year ago.Q1 consol total revenue EGP 751.7 million versus EGP 207.3 million year ago.  Full Article

Medinet Nasr for Housing and Development posts 11-month revenue of EGP 1.4 bln
Tuesday, 13 Dec 2016 

Medinet Nasr for Housing and Development : Records revenue EGP 1.4 billion, net profit after tax EGP 730 million in 11 months ended Nov 30 . Sold out all its inventory in SARAI and Taj City projects, will be preparing new launches by Feb/March 2017 Source:(http://bit.ly/2gUzdCx) Further company coverage: [MNHD.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's Medinet Nasr posts H1 net profit of 147.214 million Egyptian Pounds
Monday, 15 Aug 2016 

Medinet Nasr For Housing And Development Sae : Medinet Nasr posts H1 net profit of 147.214 million Egyptian pounds versus 105.063 million in same period a year earlier. .Sales in H1 increased to 533.604 million pounds versus 326.544 million in the same period a year earlier..  Full Article

MIDEAST STOCKS-Gulf stocks lose steam as investors cut position ahead holidays

Dubai, June 13 Gulf stocks ended lower on Wednesday, led by losses in the Abu Dhabi market as investors cut positions amid low volumes ahead of the holidays for the Muslim festival of Eid.