Egypt’s real estate developer Talaat Moustafa Group Holding (TMG) recorded a 100% year-on-year rise in its sales at the end of December 2017, Invest-Gate reports.

Net sales reached EGP 13.1 bn at the end of December 2017, compared to EGP 6.55 bn at the end of December 2016, TMG Holding says in a bourse filing.

Net sales amounted to EGP 1.086 bn in December 2017, the developer adds.

Sales for 2017 included EGP 3.63 bn worth of commercial and administrative units.