Egypt’s TMG 9-month profit jumps 70% on record SouthMed sales
Talaat Moustafa Group Holding (TMG), Egypt’s largest listed real estate developer, on Wednesday reported a 70% jump in its nine-month consolidated net profit after tax, driven by record real estate sales and strong growth in its hotel and recurring income
Iraqi PM discusses Al-Rafal economic city project with TMG’s Hisham Talaat Moustafa
Iraqi Prime Minister Mohammed Shia Al-Sudani has met with Hisham Talaat Moustafa, the head of Egyptian property developer Talaat Moustafa Group Holding (TMG), to discuss the Al-Rafal economic city project. The meeting, which was also attended by the head of
TMG, Alameda partner on healthcare projects in Egypt and Saudi Arabia
Talaat Moustafa Group (TMG) has partnered with Alameda Healthcare Group to develop and manage high-quality medical and healthcare projects in Egypt and Saudi Arabia. Under the agreement, Alameda will manage and operate a new hospital in TMG’s Madinaty project in
Talaat Moustafa Group’s 2024 profits soar 224% to EGP 10.7bn
Talaat Moustafa Group (TMG) reported a 224% surge in profits for 2024, reaching EGP 10.7bn, compared to EGP 3.3bn in 2023. This significant increase was driven by a 50% rise in revenues, which climbed to EGP 42.6bn from EGP 28.4bn
Egyptian real estate tycoon proposes $27bn Gaza reconstruction plan
Egyptian real estate tycoon Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Holding Group, has proposed a $27bn reconstruction plan for Gaza as an alternative to US President Donald Trump’s proposals, which he criticised as illogical and unfeasible.
Madinaty Golf Club Amateur Open concludes with international success
The Madinaty Golf Club Amateur Open 2025 concluded with resounding success, attracting over 85 professional and amateur golfers from various countries. Issa Abou El Ela secured his second consecutive victory in the men’s division, while Dina Abou El Ela triumphed
Talaat Moustafa Group supports new facilities at Ain Shams University Medical City
The Talaat Moustafa Group supported the opening of an upgraded Children’s Emergency Department and a new Blood Transfusion and Chemotherapy Centre at Ain Shams University Medical City. The upgraded department and new centre were inaugurated at a ceremony attended by
Hisham Talaat Moustafa acquired 500,000 shares in TMG
Talaat Moustafa Holding Group (TMG) has announced that its CEO and Managing Director, Hisham Talaat Moustafa, purchased 500,000 of the company’s shares during trading on Sunday. The company affirms its commitment to all relevant listing and disclosure regulations. This announcement
TMG sales exceed $10bn in 2024 solidifying regional real estate leadership
Talaat Moustafa Holding Group (TMG) has reported record sales for 2024, exceeding EGP 0.5trn, or approximately $10bn, by December 22. This figure marks a significant milestone for the company, solidifying its position as a leading real estate developer in Egypt
“TMG CRIT LEAGUE” cycling marathon concludes in Madinaty
The Talaat Moustafa Group’s (TMG) “TMG CRIT LEAGUE” cycling marathon for residents concluded successfully on Friday in Madinaty, after three stages of competition. The race, which took place in a dynamic and spirited environment, saw a large number of participants