Talaat Mostafa, Egypt's largest listed real estate developer, has purchased 500 feddans (acres) for development in the country's New Administrative Capital, Invest-Gate reports.
Egypt’s giant real estate developer Talaat Moustafa Group (TMG) posted a consolidated net profit of EGP 828 mn in 2016, up by 8.85% compared to EGP 761 mn a year earlier, Invest-Gate reports.