According to a company statement released today, Monday, under the agreement, Qara Energy will undertake the construction of a showroom within the "Tajed" district of the Taj City project. Construction works are anticipated to be completed by the end of 2025.
Madinet Masr reported a robust financial performance during
the first nine months of 2024. Net profit (for the parent company) reached 2.52
billion Egyptian pounds, a significant increase compared to the 1.34 billion
Egyptian pounds recorded in the corresponding period of 2023.
Sales also demonstrated substantial growth, surging to 7.45 billion Egyptian pounds in the first nine months of 2024, compared to 4.69 billion Egyptian pounds in the same period of the previous year.