ZAWYA-SNG: Egypt: Madinet Masr signs MoU With Aboelwafa to build ClubSide in Taj City

About this update from Madinet Masr For Housing & Development

First published: 21-Jan-2026 16:10:09Staff WriterReal estate developer Madinet Masr has signed a memorandum of understanding (MoU) with Aboelwafa for Contracting and Real Estate Investment Company to execute construction works in the ClubSide project within Taj City, with total investments of EGP 3.3 billion, as per a press release.Under the MoU, Aboelwafa will carry out the construction of 40 residential buildings along with the associated infrastructure within the ClubSide development.The works are scheduled for completion by the end of 2027, in line with Madinet Masr’s timeline for developing fully integrated urban communities within Taj City.© 2026 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (Syndigate.info).Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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