Madinet Masr develops mixed-use urban communities, housing, commercial destinations, educational and healthcare facilities, retail, sports, and entertainment projects across Egypt for households and communities, using off-plan sales, masterplanning, and integrated development to serve broad customer segments and support connected living.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| Taj SultanNew Cairo, Cairo | 8.5/ 10 | —/ 10 | 7.2/ 10 Google Reviews/Maps 4.3/5 · 9 reviews · exa.ai Google Reviews/Maps publishes 4.3/5 from 9 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.2. |
The building-level Google Reviews/Maps rating of 4.5/5 from 1,703 reviews sets the level and converts to 8.5/10 under the specified curve. The written sample is strongly favorable on cleanliness, landscaping, calm and security, with operational reservations about services and noise, but those themes do not justify moving the anchor further. | |||
Resident-facing reviews praise the “high level” finishes, building spacing that enables “air flow and circulation,” and the landscape/infrastructure. A separate Arabic property article reproduces a Facebook complaint about air-conditioning pipe concealment and incorrectly placed AC bases; this is an isolated reported complaint, not evidence of a recurring structural failure. | Residents commonly describe Taj Sultan as “clean and calm,” “beautiful, clean and secure,” with well-kept greenery, good views and safe areas for children. The main operational reservations are that some reviewers reported “no shops, markets or clubhouse yet,” while another criticized management and security for allowing children to make noise at midnight; the clubhouse page also contains a one-star complaint that security staff need to learn how to deal with people. |
Headquartered in Cairo, Egypt, with an office in Nasr City.
Based on a revenue-sharing model, this collaboration will create a sprawling development over nearly one million square meters in the fourth phase of Al Amal Axis in Mostakbal City.
The agreement encompasses the construction of 40 residential buildings and associated infrastructure, with completion scheduled by the end of 2027.
Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Madinet Masr partnered with Elmarakby Steel to integrate low-carbon steel and recycle construction-site scrap
Madinet Masr has partnered with Volvo to integrate 12 fully electric vehicles into its operations
Madinet Masr partnered with the Egyptian Food Bank to distribute 10,000 Ramadan Boxes to families in need across Egypt
Midar for Investment and Urban Development; Based on a revenue-sharing model, this collaboration will create a sprawling development over nearly one million square meters in the fourth phase of Al Amal Axis in Mostakbal City.
Based on a revenue-sharing model, this collaboration will create a sprawling development over nearly one million square meters in the fourth phase of Al Amal Axis in Mostakbal City.
Based on a revenue-sharing model, this collaboration will create a sprawling development over nearly one million square meters in the fourth phase of Al Amal Axis in Mostakbal City.
Aboelwafa Contracting & Real Estate Investment Company; The agreement encompasses the construction of 40 residential buildings and associated infrastructure, with completion scheduled by the end of 2027.
The agreement encompasses the construction of 40 residential buildings and associated infrastructure, with completion scheduled by the end of 2027.
The agreement encompasses the construction of 40 residential buildings and associated infrastructure, with completion scheduled by the end of 2027.
Redcon; Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
El Hazek Construction; Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
SCAD; Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Madinet Masr signs MoUs with top-tier contractors, like Redcon, El Hazek, SCAD, and Aboelwafa, committing over EGP 10.0 BN to fast-track construction across key projects
Elmarakby Steel; Madinet Masr partnered with Elmarakby Steel to integrate low-carbon steel and recycle construction-site scrap
Madinet Masr partnered with Elmarakby Steel to integrate low-carbon steel and recycle construction-site scrap
Madinet Masr partnered with Elmarakby Steel to integrate low-carbon steel and recycle construction-site scrap
Volvo; Madinet Masr has partnered with Volvo to integrate 12 fully electric vehicles into its operations
Madinet Masr has partnered with Volvo to integrate 12 fully electric vehicles into its operations
Madinet Masr has partnered with Volvo to integrate 12 fully electric vehicles into its operations
Egyptian Food Bank; Madinet Masr partnered with the Egyptian Food Bank to distribute 10,000 Ramadan Boxes to families in need across Egypt
Madinet Masr partnered with the Egyptian Food Bank to distribute 10,000 Ramadan Boxes to families in need across Egypt
Madinet Masr partnered with the Egyptian Food Bank to distribute 10,000 Ramadan Boxes to families in need across Egypt
| COMPANY NUMBER | 300874 Egyptian Commercial Registry · Egypt · active |
| Egypt | active 1 project tracked |
| Saudi Arabia | announced_only 0 projects tracked |
| United Arab Emirates | announced_only 0 projects tracked |
| Residential, for sale | 1 of 1 |
Basically, we are combining SODIC and MNHD to create one of the largest players in the market.EnterpriseAM October 16, 2018https://enterpriseam.com/egypt/2018/10/16/exclusive-magued-sherif-and-hazem-barakat-on-what-could-be-egypts-largest-ever-ma/
Eng. Barakat holds a BSc in mechanical engineering from the New York Institute of Technology
##### Hazem Barakat Chairman
Chairman - [Madinet Masr] (Current)
In addition to Madinet Masr, Eng. Barakat sits on the board of Al-Ismaelia, Basata E-Payments, and Basata Financial Holding.
Prior to founding BPE Partners, he co-founded Miraco-Carrier, one of the region’s leading air conditioner manufacturers, as well as Engineering Plastic Manufacturing, a leading plastics manufacturer.
Hazem Barakat (HB): Basically, we are combining SODIC and MNHD to create one of the largest players in the market.
Eng. Hazem Barakat co-founded BPE Partners and B Investments in 2006 with a vision to capitalize on his industry and operational expertise by investing in domestic businesses with growth potential. He currently serves as Chairman of BPE Partners and B Investments. Prior to founding BPE Partners, he co-founded Miraco-Carrier, one of the region’s leading air conditioner manufacturers, as well as Engineering Plastic Manufacturing, a leading plastics manufacturer.
##### Hazem Barakat Chairman
Eng. Hazem Barakat co-founded BPE Partners and B Investments in 2006
He currently serves as Chairman of BPE Partners and B Investments.
Eng. Barakat holds a BSc in mechanical engineering from the New York Institute of Technology
Basically, we are combining SODIC and MNHD to create one of the largest players in the market.
##### Hazem Barakat Chairman
Eng. Sallam holds a BSc in mechanical engineering from The American University in Cairo
##### Abdallah Sallam President & CEO
President and CEO - [Madinet Masr] (Current)
He currently sits on the board of Solarize Egypt, Minlo Trade & Manufacturing, Namaa Real Estate, Paradise Capital, Egyptian Kuwaiti Company for Real Estate Development and the Egyptian Food Bank.
Eng. Sallam co-founded and managed several businesses throughout his career, including Minka Real Estate Investment
In October 2021, Minka was acquired by Madinet Masr, and Eng. Sallam was appointed as the new President and CEO.
In October 2021, Minka was acquired by Madinet Masr, and Eng. Sallam was appointed as the new President and CEO.
##### Abdallah Sallam President & CEO
In October 2021, Minka was acquired by Madinet Masr, and Eng. Sallam was appointed as the new President and CEO.
Eng. Sallam co-founded and managed several businesses throughout his career, including Minka Real Estate Investment
A member of one of the most prominent business families in Egypt, and with more than 20 years of experience, Eng. Abdallah Sallam has managed and co-founded several ventures
Eng. Sallam holds a BSc in mechanical engineering from The American University in Cairo
##### Abdallah Sallam President & CEO
Mr. Saba holds a Bsc in Biomedical Engineering from Cairo University, an MBA from Wharton, and an additional Master’s degree in Biomedical Engineering from the University of Pennsylvania.
##### Aladdin Saba NON-EXECUTIVE BOARD MEMBER
Founding Partner - [B PARTNERS] (Current)
Mr. Saba is the chairman of Basata E-Payments and Basata Finance and sits on the boards of B Investments and Madinet Masr.
Aladdin Saba founded Beltone Financial in 2002 and co-founded BPE Partners in 2006. Mr. Saba was also a co-founder of Hermes Financial, which became EFG Hermes in 1996, after working as a Senior Portfolio Manager at Kidder, Peabody & Co. Inc. in New York.
Aladdin Saba founded Beltone Financial in 2002 and co-founded BPE Partners in 2006. Mr. Saba was also a co-founder of Hermes Financial, which became EFG Hermes in 1996, after working as a Senior Portfolio Manager at Kidder, Peabody & Co. Inc. in New York.
Aladdin Saba founded Beltone Financial in 2002
co-founded BPE Partners in 2006
Mr. Saba was also a co-founder of Hermes Financial, which became EFG Hermes in 1996
after working as a Senior Portfolio Manager at Kidder, Peabody & Co. Inc. in New York
Mr. Saba holds a Bsc in Biomedical Engineering from Cairo University, an MBA from Wharton
##### Aladdin Saba NON-EXECUTIVE BOARD MEMBER
He holds a BSc in chemical engineering from Cairo University.
##### Ahmed Omar NON-EXECUTIVE BOARD MEMBER
he sat on the boards of Beltone Financial, TOTAL Egypt, and the El Gouna Red Sea Resort
Eng. Ahmed Omar founded Egyptian Water Works in 1990 ... In 1999, Eng. Omar founded Midwater ... Eng. Omar is also the founder and Chairman of EWW Oil & Gas
Eng. Omar has sat on the Board of Madinet Masr since 2007
In 1999, Eng. Omar founded Midwater, which develops, owns, and operates water treatment plants treating industrial water and selling it to oil refineries under build-own-operate-transfer (BOOT) contracts. Eng. Omar is also the founder and Chairman of EWW Oil & Gas
Eng. Omar has sat on the Board of Madinet Masr since 2007
Eng. Ahmed Omar founded Egyptian Water Works in 1990
successfully implementing multiple treatment and desalination projects with Italian Technology
Eng. Omar is also the founder and Chairman of EWW Oil & Gas
He holds a BSc in chemical engineering from Cairo University.
##### Ahmed Omar NON-EXECUTIVE BOARD MEMBER
Eng. Al Maghrabi holds a BA in architecture.
##### Mushira Al Maghrabi NON-EXECUTIVE BOARD MEMBER
she has been actively involved on the boards of directors of various companies, including NUE; Alexandria Construction Company; and Zahraa El Maadi Investment and Development
She began her career at El Abd Contracting Company ... served as the Managing Director of the Egyptian Company for Buildings ... Managing Director at Maadi For Investment and Development
She has held a position on Madinet Masr’s Board of Directors since 2006.
She began her career at El Abd Contracting Company where she grew to become Sector Head. Subsequently, she served as the Managing Director of the Egyptian Company for Buildings starting 1996 and took on the role of Managing Director at Maadi For Investment and Development in 2017.
She has held a position on Madinet Masr’s Board of Directors since 2006.
Mushira Al Maghrabi has had a long and distinguished career in the field of engineering and construction.
she served as the Managing Director of the Egyptian Company for Buildings starting 1996 and took on the role of Managing Director at Maadi For Investment and Development in 2017
Eng. Al Maghrabi holds a BA in architecture.
##### Mushira Al Maghrabi NON-EXECUTIVE BOARD MEMBER
Ms. Osman holds a BA in economics from The American University in Cairo.
##### Mona Osman NON-EXECUTIVE BOARD MEMBER
In addition to, Madinet Masr, Ms. Osman currently serves on the Board of B Investments, Basata Holding for Financial Payments, Tamweel Investment Holding, and Al Ahly Pharos for Investment Banking.
Prior to joining BPE Partners, Ms. Osman served as the General Manager at Emirates International Investment Company LLC. (EIIC) in Egypt. She also held the position of the General Manager for Investments at Al-Ahly for Development and Investment (ADI). Prior to that, Ms. Osman served as the Assistant Manager of the Projects Department at Misr Iran Development Bank
Mona Osman boasts over 30 years of expertise in investment management, private equity, and project financing. Ms. Osman currently serves as a Partner at BPE Partners
Mona Osman boasts over 30 years of expertise in investment management, private equity, and project financing.
Ms. Osman currently serves as a Partner at BPE Partners
Mona Osman boasts over 30 years of expertise in investment management, private equity, and project financing.
Mona Osman boasts over 30 years of expertise in investment management, private equity, and project financing.
##### Mona Osman NON-EXECUTIVE BOARD MEMBER
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Taj Sultan | Cairo, Egypt New Cairo | residential for sale | — | — | — | — | 0% DP / 12 years1 | 2012 | October 2012 | Oct 2015 – Dec 2015 | Mar 2022 | +76.0 mo (+75.0 to +77.0) | sourced | completed |
| Auditor | BDO Khaled & Co. |
| Coverage | active |
| Tracked since | October 11, 2026 |
| Last checked | October 12, 2026 this month |
| Profile last researched | October 12, 2026 |
| Claim |