Madinet Masr Signs MoU with Aboelwafa for Contracting & Real Estate Investment to Carry Out Construction Work at 'Sarai' with EGP 1 Billion Investment

Madinet Masr, one of Egypt’s leading real estate developers, signed a Memorandum of Understanding (MoU) with Aboelwafa Contracting & Real Estate Investment Company, a leader in the integrated contracting sector, to carry out the construction work of “Sarai” project, which spans 1,330 acres (approximately 5.5 million square meters), with total investments exceeding EGP 1 Bn.