Mohammed Sallam

Part of Madinet Masr for Housing & Development, Minka Development is a private real estate investment and Egyptian development company owned and managed by the Sallam family. The company is based in New Cairo, Egypt. Minka has a diversified pool of properties and is invested in a collection of complementing ventures, and most interestingly innovating with real estate offerings through boutique developments. With more than EGP 300 million of assets under management, EGP 250 million in investments and EGP 6.4 billion of projects under development, the company is innovating with new sustainable and forward thinking developments and investing in income producing properties. Minka in Arabic means ‘from you’ and is widely used in context to give credit to the Creator that everything is ultimately from HIM. In another dimension, Minka in Japanese tradition literally means “house of the people” and is used to describe historic sustainable houses that were built to serve the needs of a span of social classes in Japanese society. The company was founded by Mohammed Nabil Abdallah Sallam. Mohammed Nabil Abdallah Sallam has been the CEO since incorporation. Minka Development was acquired by Madinet Masr for Housing & Development on July 16, 2023 for $12.74 million.

SolarizEgypt is an Egyptian company that designs, installs, and commissions PV solar power plants. The company is based in Cairo, Egypt. The company was founded in 2013 by Yaseen AbdelGhaffar. The CEO is Ayman Waheed. SolarizEgypt was acquired by Amarenco Solar Ltd. on February 23, 2022.

Namaa for Development & Real Estate Investment Co. engages in the acquisition and sale of land and industrial zones. It also provides houses, villas, malls, and commercial buildings. The firm also engages in infrastructure and finishing operations. The company was founded on December 29, 1997 and is headquartered in Cairo, Egypt.

Paradise Capital Holding Co. provides investment services. The private company is based in Cairo, Egypt. The CEO of the Egyptian company is Samer Saad El-Din Abdullah Salam.

Part of Mena Holding Co. Ksc, Egyptian-Kuwaiti Development & Investment Co. is a company that provides investment services. The private company is based in Kuwait City, Kuwait.

Electrolux Egypt for Home Appliances SAE engages in the manufacture and export of household appliances and consumer electronics, including washing machines, refrigerators, water heaters, cookers, fans, vacuum cleaners and microwaves. The company was founded by Abdullah Sallam in 1938 and is headquartered in New Cairo, Egypt.