Latest in Tag: talaat moustafa Highlight
Latest in Tag: talaat moustafa

Egypt’s Talaat Moustafa Group signs agreement with AZADEA Group to launch 13 new brands at Open Air Mall – Madinaty
Talaat Moustafa Group (TMG) the leading real estate developer in Egypt has announced a strategic partnership with premier lifestyle retailer AZADEA Group to bring 13 new brands to the Open Air Mall at Madinaty. AZADEA Group stores will occupy an area close to 10,000 square meters and are planned to open in the spring of …

Talaat Moustafa Group rescues Egyptian, French divers in Strait of Tiran
Missing divers were found about 8 km north of Ras Nasranidiving site

Sales at TMG’s Noor City amount to EGP 15bn in 3 weeks: Talaat Moustafa
The reported sales period covered the time period from 8 June until the end of the month.

Al-Rehab and Madinaty civil protection receive praise from residents for frequent humanitarian deeds
Talaat Moustafa Group (TMG) is keen to provide all services in Al-Rehab and Madinaty to deal with emergencies. The administration of the two cities, which are located in east-Cairo is affiliated with the TMG CEO Hisham Talaat Mostafa, constantly work to ensure the safety of their residents. Over the past few days, civil protection in …

TMG pays EGP 44bn for Capital Gardens City’s land value in 2021: CI Capital
CI Capital expects project’s housing unit sales would record about EGP 826bn

TMG, Mori International sign agreement to open new restaurants in Madinaty -Open Air Mall
Madinaty Open Air Mall is one of the largest in the Middle East and is the only super-regional open-air shopping centre in Egypt

TMG’s awaited Sukuk expected to help buoy market rebound
The issuance is reportedly to have a positive impact in three ways, given the current crisis facing Egypt’s economy due to the ongoing coronavirus (Covid-19) pandemic.

Amr El Kady becomes deputy CEO of Hisham Talaat Moustafa
Talaat Moustafa Group (TMG) has announced Amr El Kady has joined the group as deputy to Hisham Talaat Mostafa, CEO and Managing Director of the group.

EGP 4.1bn in sales of Talaat Moustafa Group since January
Market does not face real estate bubble, says Moustafa

Talaat Moustafa raise investments of Madinaty and Al Rehab to EGP 455bn
Project in New Administrative Capital to be ready in 3 months: Hisham Talaat Moustafa

Talaat Moustafa maintains top position in land portfolio ranking at 43.2m sqm
Almost all the rest of Talaat Moustafa’s land portfolio is acquired by the Rehab project
Egypt’s Talaat Moustafa posts 15% increase in Q1 net profit
Reuters – Egyptian property developer Talaat Moustafa posted a first-quarter profit after tax of EGP 160.8m ($23m) on Wednesday, up 15% from a year earlier, it said in an emailed statement. Revenues fell to EGP 1.14bn from EGP 1.52bn, it said.
Panel advises rejecting challenge to Egypt’s TMG
By Edmund Blair /Reuters CAIRO: A judicial panel has recommended that a court reject a legal challenge that sought to scrap the sale of state land to real estate developer Talaat Moustafa Group (TMG), a judge said on Tuesday. The state judicial council, which suggests a legal response but whose recommendations are not binding, said the …
Egypt court postpones TMG hearing to June 21
CAIRO: An Egyptian court postponed to June 21 a hearing over a state land sale to Talaat Moustafa Group (TMG), the country’s biggest listed developer, in a case that has rattled investors in the property sector. TMG’s $3 billion Madinaty project, which makes up the bulk of its land bank, has been caught in the …