Latest in Tag: Talaat Moustafa Group Highlight
Latest in Tag: Talaat Moustafa Group

Talaat Moustafa Group beats sales expectations by 28% to EGP 33.2bn in 2022
The companyâs sales exceeded its expected limit of EGP 26.24bn by 28%.

Egypt based Talaat Moustafa Group (TMG) & AZADEA Group celebrate the opening of 11 new brands at Open Air Mall – Madinaty
Open Air Mall â The super-Regional open-air shopping & lifestyle destination strengthens its retail mix with the opening of globally recognized brands

World Squash Federation reveals reasons for choosing Madinaty Club to host 2022 WSF Women’s World Team Squash ChampionshipsÂ
World Squash Federation Chief Executive Officer William Louis-Marie expressed his admiration for Madinaty Sports Club – one of the clubs of the Talaat Moustafa Group – which is hosting the 2022 WSF Women’s World Team Squash Championships. According to Louis-Marie, the club includes courts, equipment and facilities at the highest level, and therefore it was selected …

WSF Womenâs World Team Squash Championship to kick start in Madinaty Sports Club on 10th of December
The championship comprising of 17 teams, with 4 international players in each team. Egyptâs national team participates with four players, including Nouran Gohar, the worldâs number one squash player, in addition to Nour El-Sherbini, the worldâs second, Hania El-Hammamy, the worldâs third, and Nour El-Tayeb, worldâs sixth.

2022 WSF Womenâs World Team Squash Championships to kick start in December in Madinaty
Between 10-16 December, 17 teams will head to Cairoâs Madinaty Sports Club to compete in the premier international squash tournament in the womenâs game

valU partners with TMG to offer convenient payment solutions in Rehab, Madinatyâs malls
The collaboration will see valU offer customers and shoppers across both malls a myriad of special offers on a year-round basis exclusive to TMGâs retail network.

International Asian Tour debut in Madinaty Golf Club broadcasted exclusively via Ontime Sports
The lucrative $1.5million Asian Tour tournament marks the tourâs first-ever appearance in Egypt

TMG, Baraka Group sign agreement to launch 7 new locations at All Seasons Park in Madinaty
Upon opening, All Seasons Park will welcome well-known brands including the likes of Beverly Hills Polo Club, Inglot, Mellow, People and New Balance, while C&Co

Talaat Moustafa Group and Majid Al Futtaim Retail announce opening of Carrefourâs second store in Madinaty at All Seasons Park
Talaat Moustafa Group (TMG), the leading real estate developer in Egypt, is expanding its partnership with Majid Al Futtaim Retail to provide more convenient and seamless shopping experiences for the community. As a result of the growing collaboration between the two entities, Carrefour has opened its second store in the fully integrated city of Madinaty …

Talaat Moustafa Group Partners with Majid Al Futtaim Retail and Expands Developments in Madinaty
This partnership marks Majid Al Futtaim Retail and TMGâs long-term relationship, dating back to Carrefourâs first store opening at Open Air Mall in 2019. Both share a vision to continue providing new shopping attractions that benefit the Egyptian community. The latest property is located near the New Administrative Capital, Mostaqbal City, and several other vibrant communities in East Cairo.

TMG reports 8% profit growth to EGP 1.78bn in 2021
The total revenues achieved by the group last year amounted to about EGP 15.35bn, compared to EGP 14.1bn in 2020, recording a 9% growth rate.

Real estate sales of Talaat Moustafa Group jump to EGP 32.4bn in 2021
TMGâs Noor City projectâs sales reached a record EGP 15bn within three weeks and EGP 18.5bn by the end of the year.

Hisham Talaat Moustafa allocates EGP 10m reward for Egypt’s national team if they win AFCON 2021
Egypt’s Minister of Sports Ashraf Sobhi has eached an agreement with businessman Hisham Talaat Moustafa, CEO and Managing Director of Talaat Mostafa Group, to allocate a reward of EGP 10 million to the players of the Egyptian national team if they win the 2021 Africa Cup of Nations (AFCON 2021) title. During his call with …

Talaat Moustafa Group is Egypt’s most powerful real estate company, 10th in MENA: Forbes
Talaat Moustafa Group (TMG) topped the Egyptian companies among the Forbes global list of the 50 most powerful real estate companies in the Middle East and North Africa 2021. Forbes magazine stated that Talaat Moustafa Group’s new project “Noor” includes about 120,000 housing units and a 5-star hotel, in addition to green spaces, facilities and …

Madinaty to open the largest and most luxurious food hall in the open air mall
The opening ceremony will be held on 3 December 3 at 7 pm and will include various artistic performances.

TMG contracts Egyptâs performance training experts Ignite for new location at Madinaty Open Air Mall
Talaat Moustafa Group (TMG) the leading real estate developer in Egypt has announced that it has signed a contract with Ignite Egypt, the performance training experts to open a new location at Open Air Mall at Madinaty. Igniteâs training facility will occupy an area close to 2,500 sqm and is planned to open by early …

TMG organizes charity day at Madinaty Golf Club to support Baheya Foundation raise awareness about breast cancer
Talaat Mostafa Group (TMG) organized a charity day at Madinaty Golf Club on Friday to support Baheya Foundation For Early Detection & Treatment Of Breast Cancer in raising awareness about breast cancer and the importance of early detection and treatment methods. The day comes as part of the Talaat Moustafa Group’s keenness to support cancer …

Madinaty Golf Club to organize a celebration on Friday to support Baheya Foundation
Madinaty Golf Club will organize next Friday, 22 October, a celebration to support the activities of the Baheya Foundation for Early Detection & Treatment of Breast Cancer. A share of the entry fees ( participation fees) will be allocated to support the charity programs of the Baheya Foundation. Organizing this celebration at Madinaty Golf Club …

NUCA sells 5k-feddan land plot in Capital Gardens City to TMG subsidiary
Project will see EGP 500bn of investments and create 3.5m jobs, says Hisham Talaat Moustafa

Health Ministry, Tahya Misr Fund, TMG sign protocol providing 4 million doses of COVID-19 vaccines
Egypt’s Minister of Health and Population Hala Zayed signed a cooperation protocol, on Tuesday, with the Tahya Misr Fund and Talaat Moustafa Group (TMG) to provide vaccines for the novel coronavirus (COVID-19) to two million citizens. Zayed said that TMG has donated to ensure that the coronavirus vaccine will be given to two million low-income …

Sheikh Zayed City names Hisham Talaat Moustafa’s TMG as urban development pioneer
The award has come in recognition of Al Rabwa project by TMG, which has contributed to raising the Sheikh Zaied’s development rates.

TMG announces capabilities to deal with COVID-19
Company reported EGP 243m in its hotel revenues during first two months of 2020

TMG donates EGP 62m as part Covid-19 response
Donation recipients include Tahya Misr Fund, Health Ministry, âA Decent Lifeâ initiative

TMG to launch EGP 2bn sukuk next week
TMG is targeting sales in the fiscal year (FY) 2019/20 similar to those in FY19, of EGP 20.4bn.

TMG sterilises Al Rehab, Madinaty cities to ensure safety of residents
The campaign is fully consistent with the directives of the Ministry of Health, as well as occupational health and safety requirements. The campaign includes sterilisation of all administrative buildings for workers, as well as roads and elevators.

World’s largest sovereign wealth fund invests $36.3m in TMG
Given the recent growth in the real estate sector in Egypt, the Oil Fund increased its investments in Egyptian real estate companies last year, with total investments amounting to $96.5m in seven firms. TMG had the largest share of them.

TMG plans to launch EGP 2bn worth sukuk before March end
CIAF delays its Sukuk programme to mid-year

Hisham Talaat Moustafa invests EGP 1.5bn to establish Four Seasons-branded hotel in Luxor
Hisham Talaat Moustafa said that the signing is an indicator of the great development witnessed in Egyptâs public sector, âpartnership between private and public sector is better than ever, which will positively impact the Egyptian economy.â

TMG to sponsor 5 Egyptian athletes qualified to Tokyo Olympics 2020
Company allocates unlimited budget for the players

Hisham Talaat Moustafa: Egyptâs real estate giant (Video & Info graph)
It is more difficult to stay on top than to get there. This is what businessperson Hisham Talaat Moustafa, the best Egyptian real estate developer, is working on.