Arab Finance: Talaat Moustafa Group Holding (TMG Holding) signed agreements with the Egyptian Government to develop four major mixed-use projects with combined targeted investments of EGP 11 trillion, according to a bourse filing.

Covering a total area of more than 37 million square meters, the projects fall under the government's public-private partnership (PPP) program. They aim to expand TMG Holding's portfolio of premium land assets, boost sales, and diversify its real estate offerings across multiple locations in Egypt.

The first project involves developing North and West Madinaty as an extension of the existing Madinaty master plan. Spanning approximately 5 million square meters, the integrated residential, commercial, and administrative development is expected to attract investments of EGP 3.2 trillion.

Meanwhile, the second project is an integrated urban development in central Alexandria, covering 11.3 million square meters with targeted investments of approximately EGP 1.7 trillion.

Located in Abu Qir adjacent to the New Abu Qir Port, the third project will combine industrial, real estate, logistics, and tourism activities. Covering nearly 6.65 million square meters, the development scheme is expected to attract investments of EGP 5 trillion.

The fourth project includes developing a mixed-use destination along the North Coast, between Kilometer 147 and Kilometer 151, following the SouthMED development model. With investments of EGP 970 million, the project spans 10.4 million square meters.

TMG Holding reported total sales of EGP 219.1 billion for the first half (H1) of 2026, compared to EGP 211 billion in H1 2025.