This new company will oversee all of Madinet Masr's projects outside of Egypt once its establishment procedures are complete. This strategic move aligns with Madinet Masr's plan to strengthen its presence in regional and international markets and explore new growth opportunities across various real estate development sectors.
Engineer Abdullah Salam, CEO and Managing Director of
Madinet Masr, stated that initiating the establishment of Cities of the World
is a significant step toward achieving their strategic goal of regional expansion.
Madinet Masr also announced the appointment of Engineer Mohamed Lashin, currently Senior Vice President of Product Development at Madinet Masr, as the Managing Director of Cities of the World once official establishment procedures are finalized.