Talaat Moustafa Group (TMG) Holding CEO Hisham Talaat Moustafa has inked a cooperation protocol with the Egyptian health ministry to cover the costs of COVID-19 vaccines for about 2 mn unprivileged citizens, as part of the company's corporate social responsibility (CSR) initiatives.

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has confirmed that the annual investments in the real estate sector stand at EGP 700 bn - EGP 800 bn, of which 60% are provided by the public sector.

Talaat Moustafa Group (TMG) Holding's unit the Arab Company for Projects and Urban Development has partnered with the National Bank of Egypt (NBE) and Banque Misr to develop projects in east Cairo's Rehab and Madinaty cities, at a total cost of EGP 4 bn.

Amr El Kady has stepped down as managing director and executive vice president of Talaat Moustafa Group (TMG) Holding, after less than five months in the position.

Talaat Mostafa Group (TMG) Holding has signed a settlement agreement to resolve over Alexandria’s San Stefano project.

Talaat Moustafa Group (TMG) Holding maintained a stable pace of development last year, with real estate transactions dipping by 4% only to hit almost EGP 20.4 bn versus sales in 2018.

President Abdel-Fattah El-Sisi inaugurated the 23rd edition of Cairo ICT, which took place the Egypt International Exhibition Center (EIEC) from December 1 to 4, bidding to highlight the key benefits within digital transformation and commended efforts made under the state's plan toward a cashless economy.

Talaat Moustafa Group (TMG) Holding has agreed to establish a mortgage finance joint venture (JV) with GB Capital, financing subsidiary of GB Auto, and EFG Hermes, in a bid to serve Egypt’s growing population of homebuyers.

Cairo-based Emaar Misr for Development has denied news regarding negotiations with Madinet Nasr Housing and Development (MNHD) over an acquisition.

Egypt-based property developer Talaat Moustafa Group Holding (TMG Holding) was named "The Top Real Estate Developer in Egypt for 2018," during an honoring ceremony that awarded top 100 companies operating in the Egyptian market.