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Talaat Moustafa Group (TMG) has announced Amr El Kady has joined the group as deputy to Hisham Talaat Mostafa, CEO and Managing Director of the group.
Market does not face real estate bubble, says Moustafa
Project in New Administrative Capital to be ready in 3 months: Hisham Talaat Moustafa
Almost all the rest of Talaat Moustafa’s land portfolio is acquired by the Rehab project
Reuters – Egyptian property developer Talaat Moustafa posted a first-quarter profit after tax of EGP 160.8m ($23m) on Wednesday, up 15% from a year earlier, it said in an emailed statement. Revenues fell to EGP 1.14bn from EGP 1.52bn, it said.
By Edmund Blair /Reuters CAIRO: A judicial panel has recommended that a court reject a legal challenge that sought to scrap the sale of state land to real estate developer Talaat Moustafa Group (TMG), a judge said on Tuesday. The state judicial council, which suggests a legal response but whose recommendations are not binding, said the …
CAIRO: An Egyptian court postponed to June 21 a hearing over a state land sale to Talaat Moustafa Group (TMG), the country’s biggest listed developer, in a case that has rattled investors in the property sector. TMG’s $3 billion Madinaty project, which makes up the bulk of its land bank, has been caught in the …