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TMG Holding begins $788M tourism project behind Grand Egyptian Museum

Talaat Moustafa Group Holding (TMG Holding) announced that its subsidiary, the Arab Company for Hotel and Tourism Investments (ICON), has begun developing a new integrated tourism project behind the Grand Egyptian Museum (GEM) in Giza, in partnership with the New Urban Communities Authority (NUCA).

Updated 11/3/2025 11:27:00 AM
TMG Holding sees 69% YoY higher consociated profits in H1 2025

Talaat Moustafa Group Holding (TMG Holding) logged consolidated net profits after tax of EGP 8.111 billion in the first half (H1) of 2025, up by 69% year on year (YoY) from EGP 4.801 billion.

Updated 8/11/2025 10:24:00 AM
TMG Holding hits record EGP 211B in H1 2025 sales

Talaat Moustafa Group Holding (TMG Holding) reported record-high new sales of EGP 211 billion in the first half (H1) of 2025, marking a 59% increase from EGP 133 billion in the same period last year.

Updated 7/7/2025 9:16:00 AM
TMG Holding targets EGP 120B in sales from Sharm Bay project

Talaat Moustafa Group Holding rolled out plans for its Sharm Bay project in Sharm El Sheikh, which is expected to generate total sales of EGP 120 billion over its lifespan

Updated 6/11/2025 9:58:00 AM
TMG Holding signs MoU to develop 14M sqm mixed-use project in Iraq

Talaat Moustafa Group Holding has signed a memorandum of understanding to develop a new large-scale mixed-use project on a 14 million sqm plot in southwest Baghdad, as part of its regional expansion strategy focused on replicating its integrated city model in Middle Eastern markets.

Updated 5/26/2025 9:22:00 AM
TMG Holding unveils 2 development projects in Oman with expected sales of $4.7B

TMG Holding penned an agreement with the Omani Ministry of Housing and Urban Planning to establish two mixed-use development projects, with a projected sales value of $4.7 billion

Updated 5/19/2025 1:45:00 AM
TMG Holding's Q1 2025 consolidated profits up 54.5% YoY

The consolidated net profits attributable to the owners of TMG Holding increased by 54.53% to EGP 3.693 billion in the first quarter (Q1) of 2025 from EGP 2.390 billion

Updated 5/18/2025 12:47:00 PM
TMG Holding in talks for new mixed-use development in Iraq

Talaat Moustafa Group (TMG Holding) reached an advanced stage of negotiations with the National Investment Commission (NIC) of Iraq to develop a new sustainable mixed-use project spanning 14 million square meters.

Updated 4/29/2025 10:12:00 AM
TMG partners with Alameda to develop EGP 5B hospital in Madinaty

Talaat Moustafa Group has entered a strategic partnership with Alameda Group, a leading international hospital operator, to develop and manage high-quality medical and healthcare services in its projects.

Updated 3/26/2025 10:09:00 AM
Electricity Ministry, TMG probe cooperation on energy distribution, solar expansion

Minister of Electricity and Renewable Energy Mahmoud Esmat met with Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Holding (TMG), to explore collaboration in electricity distribution, energy consumption rationalization, and the expansion of solar energy use.

Updated 3/13/2025 8:05:00 AM
TMG Holding’s consolidated profits hike 223.6%YoY in 2024

TMG Holding logged consolidated net profits after tax attributable to the shareholders worth EGP 10.723 billion in 2024

Updated 2/24/2025 10:28:00 AM
Hesham Talaat Moustafa buys 500,000 shares in TMG

Talaat Moustafa Group Holding Company (TMG Holding) has announced that its CEO and Managing Director, Hesham Talaat Moustafa, has acquired 500,000 shares of TMG Holding's capital.

Updated 1/13/2025 9:40:00 AM
TMG Holding records $10B total sales in 2024

Talaat Moustafa Group Holding (TMG Holding) registered total sales exceeding EGP 0.5 trillion (nearly $10 billion) as of December 22nd 2024

Updated 12/23/2024 11:30:00 AM