{"id":665549,"date":"2025-05-20T00:00:00","date_gmt":"2025-05-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/tmg-announces-oman-expansion-with-two-developments-in-the-pipeline\/"},"modified":"2025-05-20T00:00:00","modified_gmt":"2025-05-20T00:00:00","slug":"tmg-announces-oman-expansion-with-two-developments-in-the-pipeline","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/tmg-announces-oman-expansion-with-two-developments-in-the-pipeline\/","title":{"rendered":"TMG announces Oman expansion with two developments in the pipeline"},"content":{"rendered":"

T<\/strong>alaat Mous<\/strong>tafa Group\u2019s (TMG) regional presence will soon expand to Oman<\/strong>, after the local real estate giant inked an agreement with the Omani Housing Ministry to develop two mixed-use developments in the Gulf nation, according to a company disclosure (pdf)<\/a>. The projects will see investments of OMR 1.5 bn and provide 13k residential and hotel units, according to a st<\/a>atem<\/a>ent (pdf)<\/a>. The developer estimates that combined sales will reach OMR 1.8 bn \u2014 equivalent to USD 4.7 bn.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

The first project is a 2.7 mn sqm \u201cintegrated smart residential city\u201d in Sultan Haitham <\/strong>City<\/strong>, set to offer villas, residential apartments, a social and sports club, and a commercial and services area. It will be modeled after TMG\u2019s local projects Madinaty and Al Rehab.<\/p>\n

The second project is a 2.2 mn sqm beachfront residential and tourism development in the coastal <\/strong>area <\/strong>of Al Shakhakhit<\/strong>, which will feature a yacht marina, a hotel, sea view villas, cabins, and residential apartments. <\/p>\n

TMG is also looking to step foot into the Iraqi market: <\/strong>TMG is currently in negotiations with<\/a>the Iraqi government<\/a> to build an administrative city in Baghdad that could cost upwards of USD 10 bn.<\/p>\n

Last year, TMG launched its first overseas project <\/strong>\u2014 Saudi Arabia\u2019s SAR 65 bn<\/a>Benan City<\/a>, which is being developed in eastern Riyadh\u2019s Al Fursan in partnership with the Saudi National Housing Company.<\/p>\n","protected":false},"excerpt":{"rendered":"

Combined sales from the projects are expected to reach OMR 1.8 bn \u2014 equivalent to USD 4.7 bn<\/p>\n","protected":false},"author":1,"featured_media":665550,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7371],"tags":[72,7265,83,1517],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-665549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-enterpriseam","tag-oman","tag-real-estate","tag-talaat-moustafa-group","wpautop","entry"],"acf":{"mongo_id":"c9f6eda5-23c7-485f-93b2-c5a783e75b3a","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/1608.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian real estate player TMG announces Oman expansion with two developments in the pipeline","related_issue":[665539],"teaser":"Combined sales from the projects are expected to reach OMR 1.8 bn \u2014 equivalent to USD 4.7 bn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.8b649985-596e-4667-b308-555a5e1bac57.mp3"},"yoast_head":"\nTMG announces Oman expansion with two developments in the pipeline - 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\/2025\/05\/20\/tmg-announces-oman-expansion-with-two-developments-in-the-pipeline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TMG announces Oman expansion with two developments in the pipeline\" \/>\n<meta property=\"og:description\" content=\"Combined sales from the projects are expected to reach OMR 1.8 bn \u2014 equivalent to USD 4.7 bn\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/tmg-announces-oman-expansion-with-two-developments-in-the-pipeline\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-20T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1608.jpg?fit=%2C&ssl=1\" \/>\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\" 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sqm within Sultan Haitham City, while Yamal is a 2.2 mn sqm coastal tourism and residential project","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/156.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":687966,"url":"https:\/\/enterpriseam.com\/egypt\/?post_type=feedback&p=687966","url_meta":{"origin":665549,"position":1},"title":"- 2026-03-13 09:00:16","author":"enterpriseam admin","date":"13 March 2026","format":false,"excerpt":"{\"subject\":\"[EnterpriseAM Egypt] Investors dump regional travel stocks as images of burning hotels hit the front pages Sidebar\",\"ip\":\"206.166.251.193\",\"country_code\":null,\"user_agent\":\"Mozilla\/5.0 (Linux; Android 10; YAL-L21 Build\/HUAWEIYAL-L21) AppleWebKit\/537.36 (KHTML, like Gecko) Chrome\/81.0.4044.138 Mobile Safari\/537.36 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will span 14 mn sqm and include 46k residential and commercial units","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/2089.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":676596,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/02\/tmg-eyes-usd-4-7-bn-in-sales-from-newly-inaugurated-oman-developments\/","url_meta":{"origin":665549,"position":3},"title":"TMG eyes USD 4.7 bn in sales from newly inaugurated Oman developments","author":"enterpriseam admin","date":"2 December 2025","format":false,"excerpt":"Good afternoon, friends, and happy hump day. The press is finally chugging to a start after a slow week.THE BIG STORY TODAY-? Introducing, Yamal and Jood, Talaat Moustafa Group\u2019s (TMG) newest overseas developments, which it inaugurated and launched sales for earlier this week, the EGX heavyweight said in a disclosure\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1183.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599907,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/14\/tmg-to-invest-egp-300-bn-in-new-project-in-madinaty\/","url_meta":{"origin":665549,"position":4},"title":"TMG to invest EGP 300 bn in new project in Madinaty","author":"enterpriseam admin","date":"14 January 2019","format":false,"excerpt":"Talaat Moustafa Group (TMG) is investing EGP 300 bn in the Spine, a mixed use project in TMG\u2019s Madinaty city, the company said in a disclosure to the EGX (pdf). The project includes residential, administrative, commercial, and recreational units.","rel":"","context":"In "Real Estate + Housing"","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":574188,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/banque-misr-nbe-sign-egp-4-bn-agreement-with-talaat-moustafa-subsidiary-to-develop-residential-projects\/","url_meta":{"origin":665549,"position":5},"title":"Banque Misr, NBE sign EGP 4 bn agreement with Talaat Moustafa subsidiary to develop residential projects","author":"enterpriseam admin","date":"1 September 2020","format":false,"excerpt":"Banque Misr and the National Bank of Egypt (NBE) have signed a EGP 4 bn financing agreement with Talaat Moustafa Group subsidiary the Arab Company for Projects and Urban Development to construct two mixed-use projects in Madinaty and Rehab City on a combined 341k sqm of land, according to an\u2026","rel":"","context":"In "Real Estate + Housing"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/665549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=665549"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/665549\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/665539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/665550"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=665549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=665549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=665549"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=665549"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=665549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}