TMG

TMG climbs to 4th in Forbes’ Top 50 Public Companies in Egypt’ list on surging sales, assets

Tue, 17 Jun 2025 - 08:51 GMT

Talaat Moustafa Group Holding (TMG) has climbed to fourth place on the Forbes Middle East list of “Top 50 Public Companies in Egypt for 2025”, following a substantial increase in sales and assets. The real estate developer was also named the leading company in its sector for the year.

TMG signs Iraq MoU for 14 million sqm project, expands Middle East footprint

Sun, 25 May 2025 - 04:43 GMT

Talaat Moustafa Group Holding (TMG) has signed a Memorandum of Understanding (MoU) to develop a large-scale, 14m sqm mixed-use project in Iraq, a move that will increase its land bank in regional markets to 29 million sqm.

Hisham Talaat invites global investors to invest in Oman at 2025 Real Estate Conference

Wed, 21 May 2025 - 08:55 GMT

Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group (TMG), affirmed that the Sultanate of Oman holds a promising future for its real estate sector.

Talaat Moustafa Group supports new facilities at Ain Shams University Medical City

Sun, 26 Jan 2025 - 09:49 GMT

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.

TMG sales exceed $10bn in 2024 solidifying regional real estate leadership

Mon, 23 Dec 2024 - 01:52 GMT

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 and the region.

“TMG CRIT LEAGUE” cycling marathon concludes in Madinaty

Sun, 22 Dec 2024 - 11:31 GMT

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 from across the Group’s developments.

TMG launches residents’ cycling marathon at Celia, New Administrative Capital

Tue, 26 Nov 2024 - 10:57 GMT

Talaat Moustafa Group (TMG) launched its first-ever residents’ cycling marathon, promoting health and fitness among its community members. The initial stage of the multi-stage event took place at Celia, the group’s flagship development in Egypt’s New Administrative Capital. Hundreds of residents of various ages participated in the marathon, which took advantage of the project’s extensive green spaces.

TMG reports record sales: EGP 53bn from Benan project in Saudi Arabia

Thu, 07 Nov 2024 - 02:51 GMT

Talaat Moustafa Group (TMG) has reported record sales, reaching EGP 470bn (equivalent to $9.4bn) as of November 6th. This represents a significant increase of over four times compared to the EGP 108bn recorded during the same period last year.

TMG hits EGP 470bn in sales, outpacing top 9 competitors combined: Hisham Talaat Moustafa

Thu, 07 Nov 2024 - 11:26 GMT

Talaat Moustafa Group (TMG) has achieved record sales, generating EGP 470bn in revenue since the beginning of 2024, according to CEO Hisham Talaat Moustafa.

Talaat Moustafa Group soars: Profits triple, Revenues hit EGP 17 billion

Tue, 13 Aug 2024 - 01:39 GMT

Talaat Moustafa Holding Group (TMG Holding) announced a significant surge in net profit for the first half of the year, with a 310% year-on-year increase. According to the company's consolidated financial statements released on Tuesday, revenues climbed substantially, reaching EGP 17 billion.

Talaat Moustafa Group, Abou Ghaly Motors partner to offer integrated transport in Madinaty

Wed, 05 Jun 2024 - 03:30 GMT

Talaat Moustafa Group (TMG) and Abou Ghaly Motors have formed a strategic partnership to provide integrated transportation services in Madinaty.

In collaboration with Skydive Pharaohs, the first event for skydiving enthusiasts takes off in Madinaty.

Sat, 25 May 2024 - 11:08 GMT

Over two days, May 24th and 25th, the “Fly over Madinaty” event took place. This unique sporting event, a first for Madinaty, catered to adventure and skydiving enthusiasts.

UAE’s ADQ and ADNEC acquire 40.5% of TMG hospitality arm

Sun, 14 Jan 2024 - 10:50 GMT

ADQ and ADNEC will invest through a special purpose vehicle, with 49 percent equity ownership by ADQ and 51 percent by ADNEC

TMG agreed with Veszprém to build Handball Academy in Egypt for the first time

Thu, 19 Oct 2023 - 07:44 GMT

TMG agreed with Veszprém to build Handball Academy in Egypt for the first time

Iconfit Gym Opens Branch in Madinaty

Sun, 21 Nov 2021 - 03:56 GMT

Iconfit gym’s newest branch has opened in Madinaty. Iconfit features the latest sports and fitness equipment, in addition to a selection of top-notch trainers specialized in the field of physical sports.

Hisham Talaat Moustafa maintains title of Egypt’s best real estate developer

Wed, 04 Nov 2020 - 01:52 GMT

Minister of Public Enterprise Sector Hisham Tawfik presented the awards on behalf of Prime Minister Mostafa Madbouly.

Talaat Moustafa Group wins bt100 award for best role in building cities

Tue, 03 Mar 2020 - 08:16 GMT

Talaat Moustafa Group (TMG) has won the award of the best role in building cities, residential and tourist societies at bt100 Awards.

3 listed companies on EGX to launch mortgage finance company

Thu, 18 Apr 2019 - 01:24 GMT

"The joint venture will have an initial paid-in capital of LE 150 million and is expected to be increased to LE 250 million as the business grows."

TMG sales exceed expectations in 2017

Mon, 08 Jan 2018 - 09:20 GMT

Sales of 2017 exceeded expectations in the initial budget that was set at LE 11.4 billion, then put at LE 13 billion.

Talaat Moustafa Group expects LE 13B in sales by year-end

Wed, 29 Nov 2017 - 11:54 GMT

Between January and the end of June, TMG registered LE 4.91 billion in net sales.

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