Madinet Masr Posts Stellar 9M 2026 Results: Contracted Sales Reach EGP 45.4B as Deliveries Surge 76%
Madinet Masr, one of Egypt’s leading urban community developers, has delivered a strong operational performance for Q3 and the first nine months of 2026, generating EGP 45.4 billion in new contracted sales. The figures underscore robust market demand across the company’s diversified property portfolio.
Operational Momentum: Delivery Acceleration and Cash Flow Surge
Execution efficiency remained at the forefront of the company’s operations. Deliveries jumped 76% year-on-year to 1,787 units during 9M 2026, up from 1,014 units in the corresponding period of 2025, demonstrating Madinet Masr's commitment to honoring timeline commitments.
Financially, net cash collections expanded by 35% to hit EGP 15.2 billion compared to EGP 11.3 billion in 9M 2025. This liquidity boost reflects efficient collection mechanisms and solid operational health.
Capital Optimization Strategy: Treasury Shares Buyback
Supporting long-term shareholder returns, the developer progressed with its share buyback scheme initiated in June 2026. The company is acquiring up to 42.7 million treasury shares, equivalent to 2% of its total share capital.
CEO Perspective: Execution Discipline Driving Growth
Eng. Abdallah Sallam, President and CEO of Madinet Masr, commented:
"Our robust performance during 9M 2026 highlights the resilience of our business model and the strong market confidence in our developments. The significant surge in unit deliveries and cash collection validates our disciplined operational focus. We remain committed to expediting project developments and delivering fully integrated communities that create long-term value for our clients and shareholders."
Strategic Roadmap: Land Bank Expansion and Portfolio Diversification
Looking ahead, Madinet Masr plans to capitalize on favorable market dynamics in Egypt by growing its strategic land bank and expanding its commercial and residential footprint. The company aims to sustain operational momentum while reinforcing financial flexibility.