Talaat Moustafa “The Top Real Estate Developer in Egypt in 2018”

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Wed, 23 Jan 2019 - 12:29 GMT

BY

Wed, 23 Jan 2019 - 12:29 GMT

Businessman Hisham Talaat Moustafa

Businessman Hisham Talaat Moustafa

On behalf of Egyptian Prime Minister Moustafa Madbouly, Minister of Public Business Sector Hisham Tawfik honored property developer Talaat Moustafa Group Holding (TMG) as “The Top Real Estate Developer” in Egypt during 2018.

Omar Abdel Rahman, Chief Marketing Officer, received the honoring award on behalf of TMG during the glamorous honoring ceremony “Egypt Summit for the Best”, announcing the “top 100” firms operating in the Egyptian market.

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It worth mentioning that rating criteria were determined this year through analysis of the data and financial indicators for all the registered firms in the Egyptian stock exchange market, in which firms had been classified according to revenues, net profit, and their market value relative weights, over a specific period of time, to encourage investors and businessmen to increase their investments in the local market, and ensure the implementation of comprehensive development projects.

The “top 100” companies’ classification was a result of a poll conducted by Amwal Al Ghadeconomic institution in collaboration with Shuaa Securities, Egypt, a subsidiary of Shuaa Capital.

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