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 ...

Talaat Moustafa Subsidiary Seeks to Buy 1000 Acres in the New Capital

The Arab Company for Projects and Urban Development, a subsidiary of Talaat Moustafa Group Holding Company (TMG), is seeking to buy 1000 acres in the New Administrative Capital

Prince Waleed Bin Talal, TMG Inject USD 800 mn into Egypt’s Hospitality Projects

Saudi Prince and business tycoon Waleed bin Talal is to inject investments worth USD 800 mn, in co-operation with Talaat Mostafa Group (TMG), into a number of hospitality projects in Egypt, Invest-Gate reports.

TMG Net Profit Rises By 8.85% in 2016

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.

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