Posted By: Nileestate
Madinet Misr Housing and Development Company is one of the leading real estate companies in Egypt, with over five decades of experience in development and construction. Founded in the late 1950s as part of Cairo's urban expansion plan during the reign of President Gamal Abdel Nasser, the city was named after him, becoming a model for integrated urban planning. Since then, the company has played a pivotal role in shaping Egypt's urban landscape through its residential, commercial, and entertainment projects that combine luxury and high quality.
Madinat Nasr Company has a proven track record of successful projects that cater to the needs of various social classes, from the middle class to upper-class families. Among Madinet Misr's most prominent projects are Taj City New Cairo and Saraya Compound, both of which are models of luxury and modern design. Thanks to the company's insightful vision and distinguished team, the company has achieved a leading position in the Egyptian real estate market, providing integrated housing solutions that reflect a modern and sustainable lifestyle.
Nasr City Company was established in the late 1950s as part of Cairo's urban expansion plan during the reign of President Gamal Abdel Nasser. The city was named after him and was established in response to the rapid population growth in the capital. It was designed as an integrated city comprising residential, commercial, industrial, and recreational areas, as well as educational and healthcare facilities. The city was divided into several districts, such as the Seventh District, the Eighth District, the Embassy District, and Zahraa Nasr City, making it a model of modern urban planning.
Nasr City has witnessed significant development over the decades thanks to Nasr City Company. This city has become the best-known project of Nasr City Housing and Development Company, and it is known for it. Until recently, the company's name was changed from Nasr City Housing and Development Company to Misr City Housing and Development Company, so that the company could be associated with every Egyptian citizen.
The owner of Nasr City Housing and Development Company's projects is Engineer Mohamed Hazem Barakat, who is also the company's CEO. He sits on the company's board of directors and proposes most of Nasr City Housing and Development Company's projects. Through his decisions and statements, he contributes to strengthening its leading position in the Egyptian real estate market.
Engineer Mohamed Hazem Barakat has extensive experience in various economic fields, enabling him to offer golden investment opportunities that suit various social groups, especially the middle class and youth, with the aim of enabling them to live in upscale residential communities that meet their aspirations for a stable and comfortable life.
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