Egypt Reveals $21 Bn “South Med” Project in North Coast, in Collaboration with TMG
Egypt's Prime Minister Mostafa Madbouly has announced a new tourism project called "South Med" with an investment of EGP 1 tn ($21 bn), Invest-Gate reports.
TMG Holding’s ICON Completes Acquisition of Prestigious 7-Hotel Portfolio in Egypt
Talaat Moustafa Group Holding's hospitality arm, ICON, has finalized the acquisition of a majority equity stake of 51% with full management rights in Legacy Hospitality Company, representing a portfolio of 7 disti ...
TMG Uncovers EGP 400 mn in Dividends for 2022
Talaat Moustafa Group board proposed a dividend distribution of EGP 0.19 be paid over two tranches on 31 May and 31 July 2023, respectively.
TMG Denies Association with Fake Link
The company stresses that it doesn’t send any links.
TMG Logs 27% Profits in H1
Talaat Moustafa Group Holding (TMG) releases its consolidated financial results for H1 2022, Invest-Gate reports.
TMG Logs 23% Profits Surge in H1 2021
The aggregate financial indicators of Talaat Moustafa Group Holding (TMG) reveal that the company's net profits jumped 23.16% YoY in H1 2021, hitting EGP 869.38 mn, up from the EGP 705.85 mn achieved in H1 2020.
TMG Unit Releases 1st Corporate Sukuk Worth EGP 2 bn
Talaat Mostafa Group's (TMG), the Arab Company for Projects and Urban Development, succeeded in getting the approval of issuing Sukuk, or Islamic bonds, worth EGP 2 bn
TMG Holding to Issue EGP 2 bn Sukuk in April
Talaat Moustafa Group (TMG) Holding CEO Hisham Talaat Moustafa said his company plans to launch EGP 2 bn sukuk program in April, aiming to secure medium-to-long-term financing for its recurring projects
Talaat Mostafa Group to Construct World’s Largest Hotel in Sharm El-Sheikh
Talaat Mostafa Group Holding Company (TMG) is establishing the largest resort hotel in the world at Sharm El-Sheikh, Chief Executive and Managing Director of the group Talaat Mostafa announced on the sidelines of ...
