Company Insights Talaat Moustafa Group Real Estate Talaat Moustafa Group Overview Talaat Moustafa Group (TMG) is a real estate development company that specialises in hospitality and large-scale gated communities. With more than 16,000 acres in land holdings in Greater Cairo, it has served over a million residents across its projects. Talaat Moustafa Group’s flagship developments include the New Cairo satellite city Madinaty and sustainable smart city Noor Smart City. Other notable projects include Celia, a residential compound in the New Capital’s Green River, and SouthMEDnon Egypt’s North Coast. Talaat Moustafa Group’s hospitality portfolio includes Four Seasons Nile Plaza, Four Seasons Sharm El Sheikh and Kempinski Nile Hotel. TMG is listed on the Egyptian Stock Exchange. Its largest shareholder is TMG for Real Estate and Touristic Investments, a company jointly held by the Talaat Moustafa Family (Tarek, Hani and Hisham Talaat Moustafa, 60 percent) and the Saudi Bin Laden family (40 percent). Subsidiaries include Arab Company for Projects and Urban Development, San Stefano Real Estate Investment Company, Alexandria Real Estate and El Rehab For Securitization. Talaat Moustafa Group News Real Estate Egypt’s Talaat Moustafa announces first Iraqi project Talaat Moustafa Group (TMG), a leading Egyptian real estate developer, will develop a mixed-use project in Iraq as part of its regional expansion plan. Last week the developer announced plans to invest OR1.5 billion ($3.9 billion) in Oman to develop two projects in west Muscat, offering 13,000 residential and hotel units. The Iraq development, proposed […] May 26, 2025 Real Estate Egypt’s Talaat Moustafa to invest $4bn in Oman Talaat Moustafa Group, a leading Egyptian real estate developer, says it will invest OR1.5 billion ($3.9 billion) in Oman to expand in the GCC region after entering Saudi Arabia last year. Two projects will be developed in west Muscat, offering 13,000 residential and hotel units, the company said in a statement. The developer has signed […] May 20, 2025 Real Estate ADQ’s Egypt project lights fire under region’s real estate The $35 billion investment by the Abu Dhabi sovereign wealth fund ADQ in Egypt’s tourism sector appears to have spurred a jump in real estate transactions on the country’s Mediterranean coast. In February ADQ unveiled its plan to build Egypt’s “largest new city” in Ras El-Hekma, and develop the coastal region into a Mediterranean vacation […] September 2, 2024 Real Estate UAE developer to build $500m project in Egypt KSH Investment Company, a UAE-based real estate developer, is planning to build an EGP24 billion ($500 million) mixed-use project in Cairo. The deal, finalised with Egypt’s Safwat Kaliouby Group, involves the development of three residential and commercial towers along with a five-star hotel in an area overlooking the Nile’s Warraq Island, Egyptian state-owned Mena news […] July 10, 2024 Economy New oil and finance ministers in Egyptian cabinet reshuffle The Egyptian government has conducted a long-awaited cabinet reshuffle resulting in a series of new appointees to important ministries including foreign affairs, finance and petroleum. A handful of existing ministers expanded their portfolios. Abdel Fattah El Sisi, the Egyptian president, swore in the new cabinet, which will be led by the incumbent prime minister Mostafa […] July 4, 2024 Tourism Egypt’s $21bn project to rival Europe’s top holiday destinations Cairo-based Talaat Moustafa Group (TMG) is investing $21 billion to develop a new tourism project on Egypt’s Mediterranean coast to compete with Europe. Named SouthMed, the development will cover 23 million square metres and is expected to generate sales of $35 billion, Reuters reported, citing CEO Hisham Talaat Moustafa. Initial bookings reached EGP60 billion ($1.25 billion) […] July 3, 2024 Analysis Markets Hopes high for Egypt’s shariah-compliant index The Egyptian stock exchange has announced the launch of a long-awaited shariah-compliant index, a move observers say is likely to attract new investors and boost the North African country’s latent Islamic banking sector. Gulf investors are said to be particularly interested. The chairman of the Egyptian Exchange (EGX), Ahmed el Sheikh, announced that the new […] June 13, 2024 Construction ADQ to invest $35bn in Egypt’s ‘new city’ project UAE’s ADQ has unveiled plans to invest $35 billion to build the “largest new city” in Egypt to promote tourism and drive economic growth. The Abu Dhabi state-owned company will acquire the development rights for Ras El-Hekma for $24 billion to develop the region as a Mediterranean holiday destination, including a free zone, state-run WAM […] February 25, 2024 Finance Egypt generates $5.6bn from stake sale in 14 companies Egypt’s privatisation programme has generated $5.6 billion from the sale of complete or partial stakes in 14 state-owned entities, according to Prime Minister Mostafa Madbouly. The International Finance Corporation (IFC) is conducting preliminary studies for the potential inclusion of 50 additional state-owned companies under its initial public offering (IPO) programme, Egypt Today reported, citing Madbouly. […] December 25, 2023 Finance Egypt raises $800m from stake sale in historic hotels The Sovereign Fund of Egypt has signed an $800 million deal to sell a stake in seven historic hotels to Arab Company for Tourism and Hotels Investments (Icon), a subsidiary of Cairo-based Talaat Moustafa Group (TMG). Icon has acquired a 39 percent stake in Legacy Hotels, with the option to subscribe to a capital increase, […] December 21, 2023 Posts navigation 1 2 Next
Real Estate Egypt’s Talaat Moustafa announces first Iraqi project Talaat Moustafa Group (TMG), a leading Egyptian real estate developer, will develop a mixed-use project in Iraq as part of its regional expansion plan. Last week the developer announced plans to invest OR1.5 billion ($3.9 billion) in Oman to develop two projects in west Muscat, offering 13,000 residential and hotel units. The Iraq development, proposed […] May 26, 2025
Real Estate Egypt’s Talaat Moustafa to invest $4bn in Oman Talaat Moustafa Group, a leading Egyptian real estate developer, says it will invest OR1.5 billion ($3.9 billion) in Oman to expand in the GCC region after entering Saudi Arabia last year. Two projects will be developed in west Muscat, offering 13,000 residential and hotel units, the company said in a statement. The developer has signed […] May 20, 2025
Real Estate ADQ’s Egypt project lights fire under region’s real estate The $35 billion investment by the Abu Dhabi sovereign wealth fund ADQ in Egypt’s tourism sector appears to have spurred a jump in real estate transactions on the country’s Mediterranean coast. In February ADQ unveiled its plan to build Egypt’s “largest new city” in Ras El-Hekma, and develop the coastal region into a Mediterranean vacation […] September 2, 2024
Real Estate UAE developer to build $500m project in Egypt KSH Investment Company, a UAE-based real estate developer, is planning to build an EGP24 billion ($500 million) mixed-use project in Cairo. The deal, finalised with Egypt’s Safwat Kaliouby Group, involves the development of three residential and commercial towers along with a five-star hotel in an area overlooking the Nile’s Warraq Island, Egyptian state-owned Mena news […] July 10, 2024
Economy New oil and finance ministers in Egyptian cabinet reshuffle The Egyptian government has conducted a long-awaited cabinet reshuffle resulting in a series of new appointees to important ministries including foreign affairs, finance and petroleum. A handful of existing ministers expanded their portfolios. Abdel Fattah El Sisi, the Egyptian president, swore in the new cabinet, which will be led by the incumbent prime minister Mostafa […] July 4, 2024
Tourism Egypt’s $21bn project to rival Europe’s top holiday destinations Cairo-based Talaat Moustafa Group (TMG) is investing $21 billion to develop a new tourism project on Egypt’s Mediterranean coast to compete with Europe. Named SouthMed, the development will cover 23 million square metres and is expected to generate sales of $35 billion, Reuters reported, citing CEO Hisham Talaat Moustafa. Initial bookings reached EGP60 billion ($1.25 billion) […] July 3, 2024
Analysis Markets Hopes high for Egypt’s shariah-compliant index The Egyptian stock exchange has announced the launch of a long-awaited shariah-compliant index, a move observers say is likely to attract new investors and boost the North African country’s latent Islamic banking sector. Gulf investors are said to be particularly interested. The chairman of the Egyptian Exchange (EGX), Ahmed el Sheikh, announced that the new […] June 13, 2024
Construction ADQ to invest $35bn in Egypt’s ‘new city’ project UAE’s ADQ has unveiled plans to invest $35 billion to build the “largest new city” in Egypt to promote tourism and drive economic growth. The Abu Dhabi state-owned company will acquire the development rights for Ras El-Hekma for $24 billion to develop the region as a Mediterranean holiday destination, including a free zone, state-run WAM […] February 25, 2024
Finance Egypt generates $5.6bn from stake sale in 14 companies Egypt’s privatisation programme has generated $5.6 billion from the sale of complete or partial stakes in 14 state-owned entities, according to Prime Minister Mostafa Madbouly. The International Finance Corporation (IFC) is conducting preliminary studies for the potential inclusion of 50 additional state-owned companies under its initial public offering (IPO) programme, Egypt Today reported, citing Madbouly. […] December 25, 2023
Finance Egypt raises $800m from stake sale in historic hotels The Sovereign Fund of Egypt has signed an $800 million deal to sell a stake in seven historic hotels to Arab Company for Tourism and Hotels Investments (Icon), a subsidiary of Cairo-based Talaat Moustafa Group (TMG). Icon has acquired a 39 percent stake in Legacy Hotels, with the option to subscribe to a capital increase, […] December 21, 2023
