{"id":636196,"date":"2017-12-26T04:25:20","date_gmt":"2017-12-26T04:25:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017\/"},"modified":"2017-12-26T04:25:20","modified_gmt":"2017-12-26T04:25:20","slug":"mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017\/","title":{"rendered":"MNHD announces record pre-sales of EGP 5.03 bn in 2017"},"content":{"rendered":"<p><strong>Madinet Nasr Housing and Development (MNHD) said its pre-sales for 2017 reached \u201ca record\u201d EGP 5.03 bn<\/strong>, according to <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D9%85%D8%AF%D9%8A%D9%86%D8%A9%20%D9%86%D8%B5%D8%B1%20%D8%A8%D9%8A%D8%A7%D9%86%20%D8%A7%D9%86%D8%AC%D9%84%D9%8A%D8%B2%D9%89-25-12-2017.pdf\">a bourse disclosure<\/a>. The figure, which includes contracts and reservations reached the budgeted amount for the year and surpassed 2016\u2019s figure by 46%. \u201cThis was achieved primarily from the company\u2019s flagship projects, SARAI which reached EGP 3.1 bn in pre-sales followed by Taj City which recorded EGP 1. 9bn,\u201d MNHD says.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Madinet Nasr Housing and Development (MNHD) said its pre-sales for 2017 reached \u201ca record\u201d EGP 5.03 bn, according to a bourse disclosure. The figure, which includes contracts and reservations reached the budgeted amount for the year and surpassed 2016\u2019s figure by 46%. \u201cThis was achieved primarily from the company\u2019s flagship projects, SARAI which reached EGP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636196","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a89aaa55-f7b1-4d7a-b2c7-ae9fee8e9d7e","order":"0","is_powered_by":true,"section_story_id":"c0b3b816-af01-478a-8096-74eeb177a168","story_type":"1","photo_url":"","photo_position":"above","related_issue":[636177],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MNHD announces record pre-sales of EGP 5.03 bn in 2017 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MNHD announces record pre-sales of EGP 5.03 bn in 2017\" \/>\n<meta property=\"og:description\" content=\"Madinet Nasr Housing and Development (MNHD) said its pre-sales for 2017 reached \u201ca record\u201d EGP 5.03 bn, according to a bourse disclosure. The figure, which includes contracts and reservations reached the budgeted amount for the year and surpassed 2016\u2019s figure by 46%. \u201cThis was achieved primarily from the company\u2019s flagship projects, SARAI which reached EGP [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-26T04:25:20+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"MNHD announces record pre-sales of EGP 5.03 bn in 2017\",\"datePublished\":\"2017-12-26T04:25:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017\/\"},\"wordCount\":74,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/mnhd-announces-record-pre-sales-of-egp-5-03-bn-in-2017\/\",\"name\":\"MNHD announces record pre-sales of EGP 5.03 bn in 2017 - 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The record sales were achieved primarily through the company\u2019s flagship project Taj City,\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634198,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/","url_meta":{"origin":636196,"position":1},"title":"TMG says 2017 sales highest since 2008, MNHD gets approval for Taj City","author":"enterpriseam admin","date":"9 January 2018","format":false,"excerpt":"Talaat Moustafa Group Holdings announced what it says are its highest sales since 2008, saying in a note sent to the bourse that sales for 2017 clocked in at EGP 13.11 bn. The sales figure shows a 100.1% increase from 2016\u2019s tally of EGP 6.55 bn. TMG says the sales\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648357,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/egp-5-bn-in-contracted-sales-targeted-in-2017-mnhds-meet-the-board\/","url_meta":{"origin":636196,"position":2},"title":"EGP 5 bn in contracted sales targeted in 2017 -MNHD\u2019s \u201cMeet the Board\u201d","author":"enterpriseam admin","date":"2 April 2017","format":false,"excerpt":"Madinet Nasr for Housing and Development\u2019s (MNHD) is on track to achieve its target of EGP 5 bn in contracted sales in 2017, said CEO Ahmed El Hitamy at a \u201cMeet the Board\u201d event in Taj City in Cairo which we attended. By the end of 1Q17, MNHD has already\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630073,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/mnhd-explores-possible-merger-or-acquisition-with-sodic\/","url_meta":{"origin":636196,"position":3},"title":"MNHD explores possible merger or acquisition with SODIC","author":"enterpriseam admin","date":"11 April 2018","format":false,"excerpt":"M&A WATCH- MNHD wants to open talks on merger with, or acquisition of, SODIC: The board of directors of Madinet Nasr Housing & Development (MNHD) has given its chairman the go ahead to open talks with our friends at SODIC with a view to either acquiring the upmarket developer or\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642244,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/09\/earnings-watch-mnhd\/","url_meta":{"origin":636196,"position":4},"title":"Earnings watch- MNHD","author":"enterpriseam admin","date":"9 August 2017","format":false,"excerpt":"EARNINGS WATCH- Madinet Nasr Housing & Development (MNHD) reported a 246% y-o-y increase in consolidated net profits to EGP 509.6 mn for the first half of the year, according to the company\u2019s earnings release (pdf). Consolidated revenues grew 131% y-o-y in 1H2017 to EGP 1.16 bn. \u201cWith almost EGP 2.5\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628468,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/earnings-watch-mnhd-centamin-report-1q2018-results\/","url_meta":{"origin":636196,"position":5},"title":"Earnings Watch: MNHD, Centamin report 1Q2018 results","author":"enterpriseam admin","date":"6 May 2018","format":false,"excerpt":"EARNINGS WATCH- Madinet Nasr Housing and Development posted (pdf) a net profit after tax of EGP 313.5 mn in 1Q2018, down from EGP 407.2 mn during the same period last year. Top line was 18% lower y-o-y at EGP 610.8 mn, partially due to pre-sales reaching EGP 1.5 bn \u2014\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=636196"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636196\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/636177"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=636196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=636196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=636196"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=636196"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=636196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}