Mohamed Hazem Barakat is the Chairman of Madinet Masr. The company reported record-breaking gross contracted sales of nearly EGP 29.9 billion for FY2024, almost tripling from the previous year. They received multiple prestigious awards, including “Best Performing Real Estate Company in Egypt 2024” by Global Business Magazine and “Most Innovative Urban Developer in Egypt 2024” by Global Brand Magazine. Madinet Masr also launched “Touba,” a digital platform aimed at revolutionising real estate investment in Egypt with flexible payment plans. Financially, the company achieved record-breaking revenues of EGP 5.2 billion in 2023, with net profits of EGP 747 million.