Talaat Moustafa Group stock soars 148% in 2024
Shares of Talaat Moustafa Group (TMG) have surged more than 148% since the beginning of the year, closing at EGP 60 per share on Monday, compared to a closing price of EGP 24.15 per share at the end of 2023.
Egypt, UAE leaders witness launch of $110bn Ras El-Hekma Development Project
Egypt President Abdel Fattah Al-Sisi and UAE President Mohamed bin Zayed Al Nahyan witnessed the launch of the Ras El-Hekma development project on Egypt’s western North Coast, a significant step in strengthening economic ties between the two countries. The total
NAIA accelerates construction pace at North Coast project by 70% – Dailynewsegypt
Naia Developments has announced a significant acceleration in construction progress at its flagship project, Naia Bay, located in Ras El Hekma on the North Coast. During a recent media tour, the company showcased its commitment to delivering the first phase
Inertia Egypt to deliver 500 units in 2024 – Dailynewsegypt
Life has sprung into the Jefaira project in the Ras El Hekma area of the North Coast, as Inertia Egypt has started delivering units to customers after providing a diverse range of services within the project. These include the operation
Naia Developments invests EGP 46bn in Egypt’s real estate market, expands portfolio – Dailynewsegypt
Naia Developments has announced a significant increase in its investments in Egypt, reaching EGP 46bn as part of its ambitious expansion plans. The company is also expanding its land portfolio, which now includes 252 feddans in West Cairo and Ras
New Jersey Developments launches EGP 50bn North Coast project – Dailynewsegypt
New Jersey Developments has announced plans for a new EGP 50bn residential project on Egypt’s North Coast, named Jamila. The development is part of the company’s wider strategy to expand its land portfolio and create integrated,sustainable communities across the country.
TMG’s SouthMED: Luxury, elegance at Mediterranean’s largest waterfront Marina – Dailynewsegypt
Talaat Moustafa Group (TMG) has unveiled MED Marina, the centrepiece of its ambitious SouthMED development on Egypt’s North West Coast. The luxurious waterfront project spans 23 million square meters and promises to be a global tourism destination offering a blend
Egypt’s North Coast requires 60,000 hotel rooms to attract 10 million tourists: ETF – Dailynewsegypt
Hossam El Shaer, a tourism expert and member of the Board of the Egyptian Tourism Federation (ETF), highlights the potential of Egypt’s North Coast region. Known for its moderate climate and picturesque scenery, the area is well-suited to attract tourists.
TMG sales soar to EGP 340bn fueled by SouthMed – Dailynewsegypt
Talaat Moustafa Group Holding (TMG) has achieved a significant milestone, securing a staggering EGP 340bn ($7.1bn) in sales as of July 8, 2024. This remarkable figure, a more than sevenfold increase compared to the same period last year, is largely