{"id":634198,"date":"2018-01-09T04:09:37","date_gmt":"2018-01-09T04:09:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/"},"modified":"2018-01-09T04:09:37","modified_gmt":"2018-01-09T04:09:37","slug":"tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/","title":{"rendered":"TMG says 2017 sales highest since 2008, MNHD gets approval for Taj City"},"content":{"rendered":"<p><strong>Talaat Moustafa Group Holdings announced what it says are its highest sales since 2008<\/strong>, saying in <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D8%A8%D9%8A%D8%A7%D9%86%20%D8%A5%D9%81%D8%B5%D8%A7%D8%AD%D9%89%20%D9%85%D8%A8%D9%8A%D8%B9%D8%A7%D8%AA%202-%2031-12-2017.pdf\">a note sent to the bourse<\/a> that sales for 2017 clocked in at EGP 13.11 bn. The sales figure shows a 100.1% increase from 2016\u2019s tally of EGP 6.55 bn. TMG says the sales figure is the largest since 2008 and includes EGP 3.63 generated from commercial and administrative sales.<\/p>\n<p>In other news from the sector, <strong>the master plan for Taj City has received approval from the <\/strong><strong>Prime Minister\u2019s office<\/strong>, Madinet Nasr Housing and Development <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D9%85%D8%AF%D9%8A%D9%86%D8%A9%20%D9%86%D8%B5%D8%B1%20%D8%A8%D9%8A%D8%A7%D9%86%20%D8%A7%D9%86%D8%AC%D9%84%D9%8A%D8%B2%D9%89-08-01-2018.pdf\">(MNHD) announced<\/a>. The approval allows the company to launch the non-residential components of the Taj city project, including a hotel area, MNHD says.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Talaat Moustafa Group Holdings announced what it says are its highest sales since 2008, saying in a note sent to the bourse that sales for 2017 clocked in at EGP 13.11 bn. The sales figure shows a 100.1% increase from 2016\u2019s tally of EGP 6.55 bn. TMG says the sales figure is the largest since [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634198","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d3d9228e-a570-46c8-9356-5259d140b4e3","order":"0","is_powered_by":true,"section_story_id":"f465aa0e-2322-49d8-9a65-48afbef6fa9b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634186],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TMG says 2017 sales highest since 2008, MNHD gets approval for Taj City - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TMG says 2017 sales highest since 2008, MNHD gets approval for Taj City\" \/>\n<meta property=\"og:description\" content=\"Talaat Moustafa Group Holdings announced what it says are its highest sales since 2008, saying in a note sent to the bourse that sales for 2017 clocked in at EGP 13.11 bn. The sales figure shows a 100.1% increase from 2016\u2019s tally of EGP 6.55 bn. TMG says the sales figure is the largest since [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-09T04:09:37+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TMG says 2017 sales highest since 2008, MNHD gets approval for Taj City\",\"datePublished\":\"2018-01-09T04:09:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/\"},\"wordCount\":119,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/tmg-says-2017-sales-highest-since-2008-mnhd-gets-approval-for-taj-city\/\",\"name\":\"TMG says 2017 sales highest since 2008, MNHD gets approval for Taj City - 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The figure, which includes contracts and reservations reached the budgeted amount for the year and surpassed 2016\u2019s figure by 46%. \u201cThis was achieved primarily from the company\u2019s flagship\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648357,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/egp-5-bn-in-contracted-sales-targeted-in-2017-mnhds-meet-the-board\/","url_meta":{"origin":634198,"position":1},"title":"EGP 5 bn in contracted sales targeted in 2017 -MNHD\u2019s \u201cMeet the Board\u201d","author":"enterpriseam admin","date":"2 April 2017","format":false,"excerpt":"Madinet Nasr for Housing and Development\u2019s (MNHD) is on track to achieve its target of EGP 5 bn in contracted sales in 2017, said CEO Ahmed El Hitamy at a \u201cMeet the Board\u201d event in Taj City in Cairo which we attended. 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The record sales were achieved primarily through the company\u2019s flagship project Taj City,\u2026","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569791,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/08\/mnhd-sells-land-plot-in-taj-city-to-minka-for-egp-1-15-bn\/","url_meta":{"origin":634198,"position":3},"title":"MNHD sells land plot in Taj City to Minka for EGP 1.15 bn","author":"enterpriseam admin","date":"8 March 2020","format":false,"excerpt":"MNHD sells land plot in Taj City to Minka for EGP 1.15 bn: Madinet Nasr Housing and Development (MNHD) has sold a 114.5k sqm land plot in its Taj City project to Sallam family-owned Minka Real Estate Investment for EGP 1.15 bn, according to a regulatory filing (pdf). 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