Cairo ICT 2019 Heeds Digital Transformation, Smart City Applications

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 digita ...

TMG to Set Up Mortgage Finance JV With GB Capital, EFG Hermes

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 h ...

Emaar Misr Denies Talks Over Acquisition of MNHD

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

TMG Holding Awarded Egypt’s Top Developer for 2018

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 E ...

TMG Holding Inks MoU With Huawei for Smart Cities Services

Talaat Mostafa Group (TMG) Holding has signed a memorandum of understanding (MoU) with the international telecommunication giant Huawei Technologies to provide new smart solutions in the security and privacy field ...

TMG Holding’s Sales Hike 62% in 2018

TMG Holding reported on January 2 that its overall sales jumped 62% YoY to EGP 21.3 bn at the end of December 2018 from EGP 13.1 bn in 2017.

Akhbar Al Youm Holds Fifth Economic Conference

Akhbar Al Youm held its fifth economic conference on December 22-23, under the auspices of President Abdel-Fattah El-Sisi.

Real Estate Tax Law to be Issued Within 1 M: Official

Head of Parliament's Housing Committee Alaa Waly officially stated to Invest-Gate that Egypt's real estate tax law has been approved and will be issued within a month.

ACUD Studies 43 Requests for Acquiring Lands in NAC

Deputy Chairman of Administrative Capital for Urban Development (ACUD) Mohamed Abdel Latif has unveiled that the company is currently studying 43 requests submitted for the third offering of lands at the New Admin ...

TMG Holding’s Profits Rise 12.5% to EGP 1.25 bn in 9M

Egypt-based property developer Talaat Moustafa Group Holding (TMG Holding) has recorded a 12.5% surge in its net profit to EGP 1.25 bn in the first nine months of 2018, up from EGP 1.1 bn in the year-ago period

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