Talaat Moustafa Group Archives

Profits at top 5 real estate firms fall 31% in 2Q2020

Egypt’s five largest listed real estate companies reported a combined drop in profits of around 31% in 2Q2020 as a…

Topping diplomatic coverage this morning: A phone call between President Abdel Fattah El Sisi and Israeli PM Benjamin Netanyahu on…

Banque Misr and the National Bank of Egypt (NBE) have signed a EGP 4 bn financing agreement with Talaat Moustafa…

EARNINGS WATCH- Talaat Moustafa Group (TMG) reported a drop in net income to EGP 705 mn in 1H2020, compared to…

MOVES- Amr El Kady (Linkedin) has stepped down as managing director and executive vice president of Talaat Moustafa Group after…

DISPUTE WATCH- Gov’t signs settlement with TMG for 2016 dispute over Four Season San Stefano: Talaat Moustafa Group (TMG) and…

State-owned banks snap up TMG sukuk issuance: Three state-owned banks have taken 97.25% of the EGP 2 bn of sukuk…

DEBT WATCH- FRA approves Egypt’s first ever corporate sukuk issuance: The Financial Regulatory Authority (FRA) has approved Talaat Moustafa Group’s…

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