Egyptian tycoon Abdallah Sallam's Madinet Masr signs $30 million deal for Sarai project

Billionaires Africa | 26.12.2025 17:44
Madinet Masr Housing and Development, the Egyptian real estate firm led by Abdallah Sallam, has signed a memorandum of understanding with Forward Contractors to execute construction works valued at EGP1.45 billion ($30.4 million) at Sarai, its mixed-use project in East Cairo.