Madinet Masr stock: Forbes names CEO among 2026 sustainability leaders

Published on 10/23/2026 at 01:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Abdallah Sallam ranked 13th on October 21, 2026. Madinet Masr stock reported EGP 5.135 billion in H1 2026 revenue.

Leadership and development

On October 21, 2026, Abdallah Sallam ranked 13th in Forbes Middle East's sustainability leaders list.
Madinet Masr reported EGP 5.135 billion in revenue for the first half of 2026.
Madinet Masr launched a SAFE investment phase from EGP 5,000 on October 11, 2026.

MNHD, EGS65571C019, Illustration mit AI erstellt.

Madinet Masr (ISIN EGS65571C019) is carrying a fresh leadership signal after President and CEO Abdallah Sallam ranked 13th in the real estate and construction category of Forbes Middle East's Sustainability Leaders 2026 list on October 21, 2026. Arab Finance said the recognition reflected the company's work in sustainable urban development, heritage preservation and environmental responsibility.

H1 figures provide the base

Madinet Masr's investor-relations page lists EGP 5.135 billion of revenue, EGP 1.308 billion of EBITDA and EGP 1.027 billion of net profit for the first half of 2026. The same period included EGP 28.4 billion of new sales, 2,971 units sold and 1,200 units delivered, giving the leadership recognition an operating backdrop. Madinet Masr identifies the company as an urban community developer with projects in East Cairo and West Assiut.

Three dated corporate signals

On October 4, 2026, Madinet Masr launched ETAJE in Taj City with an EGP 6.6 billion sales target, according to Arab Finance. On October 11, 2026, its SAFE platform opened a new phase with investment shares starting at EGP 5,000, while more than 3,100 shares were sold on the first day, the company said on its investor-relations page. The current event came on October 21, 2026, when Sallam's ranking added a sustainability and governance angle to the company's development strategy.

What does the strategy include?

The figures show a company combining property sales with wider community projects. Buyut Al-Khalifa covers 3,000 square meters, including the restoration of three historic buildings, the refurbishment of 19 building facades and the rehabilitation of 1,200 square meters of public spaces, according to Forbes Middle East. The company is also rolling out electric-vehicle charging stations at Taj City and Sarai and using rooftop solar panels and smart lighting at its headquarters.

Madinet Masr's market setting

Madinet Masr is identified as an Egyptian Exchange-listed real estate developer under ticker MASR.CA. Its first-half figures, the EGP 6.6 billion ETAJE target and the EGP 5,000 SAFE entry point give investors three measurable reference points for assessing execution beyond the leadership award.