Madinet Masr Housing and Development, the Egyptian real estate firm led by Abdallah Sallam, has signed a memorandum of understanding with Forward Contractors to execute construction works valued at EGP1.45 billion 30.4 million at Sarai, its mixed-use project in East Cairo.
The agreement covers the construction of 95 residential villas in the Rai phase of Sarai. Work is expected to be completed by the end of 2027, according to the companies.
Madinet Masr accelerates sustainable project execution
