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TMG announces capabilities to deal with COVID-19
Company reported EGP 243m in its hotel revenues during first two months of 2020
TMG donates EGP 62m as part Covid-19 response
Donation recipients include Tahya Misr Fund, Health Ministry, ‘A Decent Life’ initiative
TMG Sukuk records 2.5 bid-to-cover ratio: EFG Hermes
FRA earlier approves first Sukuk offering worth EGP 2bn
TMG’s awaited Sukuk expected to help buoy market rebound
The issuance is reportedly to have a positive impact in three ways, given the current crisis facing Egypt’s economy due to the ongoing coronavirus (Covid-19) pandemic.
TMG to launch EGP 2bn sukuk next week
TMG is targeting sales in the fiscal year (FY) 2019/20 similar to those in FY19, of EGP 20.4bn.
TMG sterilises Al Rehab, Madinaty cities to ensure safety of residents
The campaign is fully consistent with the directives of the Ministry of Health, as well as occupational health and safety requirements. The campaign includes sterilisation of all administrative buildings for workers, as well as roads and elevators.
World’s largest sovereign wealth fund invests $36.3m in TMG
Given the recent growth in the real estate sector in Egypt, the Oil Fund increased its investments in Egyptian real estate companies last year, with total investments amounting to $96.5m in seven firms. TMG had the largest share of them.
TMG plans to launch EGP 2bn worth sukuk before March end
CIAF delays its Sukuk programme to mid-year
Hisham Talaat Moustafa invests EGP 1.5bn to establish Four Seasons-branded hotel in Luxor
Hisham Talaat Moustafa said that the signing is an indicator of the great development witnessed in Egypt’s public sector, ”partnership between private and public sector is better than ever, which will positively impact the Egyptian economy.”
TMG to sponsor 5 Egyptian athletes qualified to Tokyo Olympics 2020
Company allocates unlimited budget for the players
Hisham Talaat Moustafa: Egypt’s real estate giant (Video & Info graph)
It is more difficult to stay on top than to get there. This is what businessperson Hisham Talaat Moustafa, the best Egyptian real estate developer, is working on.
Competition in Egypt’s FM increased by 60% among local companies: TMG
Issam added that competition within the FM sector in Egypt is growing rapidly as a result of the accelerated pace of urban development, and the competitiveness rate has increased by at least 60% among local companies.
TMG’s sales score EGP 11.7bn in 1H2019, shares up 37%
Naeem expects cooling down of sales in Celia during 2019
Talaat Mostafa Group achieves EGP 4.4bn sales, EGP 476.7m net profit in Q1 2019
TMG Holding announced an increase of its property revenue to EGP 1.2bn by end March
Talaat Mostafa Group: Egypt’s leading real estate developer
In 2018 TMG achieved EGP 1.7bn in profits, followed by MNHD with EGP 1.08bn, Palm Hills EGP 811.7m
Hisham Talaat Moustafa’s projects houses 0.7% of Egyptians
The population who inhabit Talaat Moustafa Group’s (TMG) projects reached about 700,000, according to the group’s data.
TMG, GB Capital, EFG Hermes launch mortgage finance company
New partnership will offer long-term, competitive mortgages, increasing affordability to better serve Egypt’s growing population of homebuyers
Elsewedy Electric, TMG lead Egyptian companies in world’s largest sovereign wealth fund portfolio
Norwegian ‘Government Pension Fund Global’ invests $428m in EGX until end-2018
TMG enters strategic alliance in education sector with Hermes, GEMS
EFG Hermes will finance equity component of transaction on its own balance sheet
TMG posts 100% hike in 2017 sales, highest level since 2008
Sales have exceeded the company’s targeted annual budget to EGP 13.1bn
TMG denies Alwaleed bin Talal investments as company’s falls
The group says it received several inquiries regarding bin Talal’s investments
TMG posts 61% increase in H1 2017 as sales accelerate
The company raises annual sales budget to EGP 11.4 billion
TMG to invest EGP 2.5bn in Madinaty, Rehab, Four Seasons in second half of 2016: executive vice president
41% sales of Madinaty housing units and infrastructure is fully complete