{"id":676596,"date":"2025-12-02T00:00:00","date_gmt":"2025-12-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/02\/tmg-eyes-usd-4-7-bn-in-sales-from-newly-inaugurated-oman-developments\/"},"modified":"2025-12-02T00:00:00","modified_gmt":"2025-12-02T00:00:00","slug":"tmg-eyes-usd-4-7-bn-in-sales-from-newly-inaugurated-oman-developments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/02\/tmg-eyes-usd-4-7-bn-in-sales-from-newly-inaugurated-oman-developments\/","title":{"rendered":"TMG eyes USD 4.7 bn in sales from newly inaugurated Oman developments"},"content":{"rendered":"

Good afternoon, friends, and happy hump day.<\/strong> The press is finally chugging to a start after a slow week.<\/p>\n

\n

THE BIG STORY TODAY-<\/p>\n

? Introducing, Yamal and Jood<\/strong>, 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 (pdf)<\/a> to the bourse. The two developments in Oman span a collective 4.9 mn sqm west of Muscat and will offer around 15k residential and hotel units, which the developer thinks will bring in USD 4.7 bn in sales over the lifetime of the projects.<\/p>\n

The largest of the two projects, Jood<\/strong>, will span 2.7 mn sqm within Sultan Haitham City \u2014 a planned smart city that will sit just outside of the capital Muscat. TMG boasts that the project will feature a range of residential units, large green areas, commercial and service facilities, recreational zones, and medical and educational amenities, in addition to a social sports club.<\/p>\n

While Yamal is a coastal tourism and residential project <\/strong>over 2.2 mn sqm with 1.8 km of beachfront. The development is positioned as an upscale tourism and residential community featuring luxury homes, international hotels, entertainment zones, a marina, marine sports facilities, and integrated lifestyle services.<\/p>\n

\n

THE BIG STORY ABROAD-<\/p>\n

? The<\/strong> news cycle seems to be picking up after a slow start to the week, <\/strong>with <\/strong>few \u2014 but impactful \u2014 stories making headlines.<\/strong> <\/p>\n

Russia claims to have captured Pokrovsk, a key Ukrainian city, months after fighting <\/strong>over its control.<\/strong> The claims remain unverified, with Ukraine denying them. Ukrainian opposition MP Inna Sovsun called them \u201coverexaggerated,\u201d noting that fighting is still ongoing. The news comes as Ukrainian President Volodymyr Zelenskyy makes his first trip to Ireland, after meeting with President Emmanual Macron in Paris, and hours before scheduled peace talks<\/a> between Russian President Vladimir Putin and Trump envoy Steve Witkoff kick off in Moscow. (BBC<\/a> | Guardian<\/a> | CNN<\/a>)<\/p>\n

MEANWHILE- Privacy concerns are on the rise in India after smartphone <\/strong>manufacturers were ordered to pre-load phones with a state-run cybersecurity app.<\/strong> The decision gives smartphone makers some 90 days to ensure the app, Sanchar Saathi, is installed. The app\u2019s privacy policy dictates that it would have access to phone logs, text logs, media, and cameras.<\/p>\n

Following massive criticism<\/strong>, Indian Communications Minister Jyotiradtiya Scindia noted that the app \u201ccould easily be deleted at any time,\u201d he said in a post on X<\/a>. \u201cThis is a completely voluntary and democratic system,\u201d Scindia wrote. Apple has reportedly opposed the decision, and does not intend to preload the app on iPhones, Reuters reports, citing three sources with knowledge of the matter. (Reuters<\/a> | Financial Times<\/a> | BBC<\/a> | Reuters<\/a>)<\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

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\u2600\ufe0f <\/strong>TOMORROW\u2019S WEATHER- <\/strong>It\u2019s going to be a cool, cloudy day in Cairo tomorrow, with temperatures peaking at just 24\u00b0C before cooling down to 16\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"

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 (pdf) to the […]<\/p>\n","protected":false},"author":1,"featured_media":676597,"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":[7213],"tags":[633,7265,83,1517,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-oman","tag-real-estate","tag-talaat-moustafa-group","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"5491d556-af74-4d6c-a338-2bf922233d85","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/8\/1183.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TMG eyes USD 4.7 bn in sales from newly inaugurated Oman developments","related_issue":[676594],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.c4aee118-8771-4515-93de-3c0c7ddca98f.mp3"},"yoast_head":"\nTMG eyes USD 4.7 bn in sales from newly inaugurated Oman developments - 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\/12\/02\/tmg-eyes-usd-4-7-bn-in-sales-from-newly-inaugurated-oman-developments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TMG eyes USD 4.7 bn in sales from newly inaugurated Oman developments\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and happy hump day. 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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":676596,"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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2025","format":false,"excerpt":"Combined sales from the projects are expected to reach OMR 1.8 bn \u2014 equivalent to USD 4.7 bn","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\/1608.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629541,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/03\/tmg-announces-its-first-venture-into-the-north-coast\/","url_meta":{"origin":676596,"position":3},"title":"TMG announces its first venture into the North Coast","author":"enterpriseam admin","date":"3 July 2024","format":false,"excerpt":"The project garnered EGP 60 bn worth of reservations in the first 12 hours of booking prior to its official launch","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\/2024\/7\/235.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":664391,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/29\/tmg-eyes-usd-10-bn-administrative-city-project-in-iraq\/","url_meta":{"origin":676596,"position":4},"title":"TMG eyes USD 10 bn administrative city project in Iraq","author":"enterpriseam admin","date":"29 April 2025","format":false,"excerpt":"TMG is planning to complete the project in five years","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\/2024\/8\/1183.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":664428,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/29\/tmg-confirms-iraqi-mega-project\/","url_meta":{"origin":676596,"position":5},"title":"TMG confirms Iraqi mega project","author":"enterpriseam admin","date":"29 April 2025","format":false,"excerpt":"Good afternoon, all. 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