MNHD was initially established to develop 40 million sqms of land in Nasr City, which is home to three million people. Today, its portfolio includes Taj City, which is a mixed-use development project on 3.7 million sqms of land in the Eastern Suburbs of Cairo, and Sarai, which has a total area of 5.5 million sqms near the New Administrative Capital. In October 2021, the company acquired MINKA Developments and appointed Abdallah Sallam as the CEO.