{"id":676633,"date":"2025-12-03T00:00:00","date_gmt":"2025-12-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/03\/tmg-eyes-usd-4-7-bn-in-sales-from-newly-inaugurated-oman-developments-2\/"},"modified":"2025-12-03T00:00:00","modified_gmt":"2025-12-03T00:00:00","slug":"tmg-eyes-usd-4-7-bn-in-sales-from-newly-inaugurated-oman-developments-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/03\/tmg-eyes-usd-4-7-bn-in-sales-from-newly-inaugurated-oman-developments-2\/","title":{"rendered":"TMG eyes USD 4.7 bn in sales from newly inaugurated Oman developments"},"content":{"rendered":"

Introducing Yamal and Jood<\/strong>, Talaat Moustafa Group\u2019s (TMG) newest overseas development, which it inaugurated earlier this week, alongside with launching sales, 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

(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 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

Yamal is a coastal tourism and residential project <\/strong>covering 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

We first heard of the project back in May<\/strong>, after the developer inked an agreement<\/a> with the Omani Housing Ministry to develop the then-unnamed two mixed-use developments in the Gulf nation. At the time it was said that the projects will see investments of OMR 1.5 bn. <\/p>\n

Oman is just the latest country in the region that TMG has launched large-scale projects <\/strong>in<\/strong>, with the once Egypt-focused company now working towards building a <\/a>USD 10 bn project in Iraq<\/a> and its <\/a>USD 17.3 bn Benan City project in Saudi Arabia<\/a>, which is already under construction.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jood is a residential that will span 2.7 mn sqm within Sultan Haitham City, while Yamal is a 2.2 mn sqm coastal tourism and residential project<\/p>\n","protected":false},"author":1,"featured_media":676634,"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-676633","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":"40fc0bf2-6321-48ea-9d0c-3a59b7b975db","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/12\/156.jpg","photo_position":"above","homepage_title":"","full_issue_title":"TMG eyes USD 4.7 bn in sales from newly inaugurated Oman developments","related_issue":[676625],"teaser":"Jood is a residential that will span 2.7 mn sqm within Sultan Haitham City, while Yamal is a 2.2 mn sqm coastal tourism and residential project","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.7fab94e5-7e69-4492-914a-ebdae22092b5.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\/03\/tmg-eyes-usd-4-7-bn-in-sales-from-newly-inaugurated-oman-developments-2\/\" \/>\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 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post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":665549,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/tmg-announces-oman-expansion-with-two-developments-in-the-pipeline\/","url_meta":{"origin":676633,"position":1},"title":"TMG announces Oman expansion with two developments in the pipeline","author":"enterpriseam admin","date":"20 May 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 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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":665907,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/26\/tmg-inks-mou-with-iraqi-government-to-develop-baghdad-project\/","url_meta":{"origin":676633,"position":3},"title":"TMG inks MoU with Iraqi government to develop Baghdad project","author":"enterpriseam admin","date":"26 May 2025","format":false,"excerpt":"The project 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":559337,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/18\/also-on-our-radar-on-18-january-2021\/","url_meta":{"origin":676633,"position":4},"title":"Also on our radar on 18 January 2021","author":"enterpriseam admin","date":"18 January 2021","format":false,"excerpt":"TMG purchases 21 mn sqm of land for massive new capital development: Talaat Moustafa subsidiary the Arab Company for Projects and Urban Development has purchased 21 mn sqm (5.2k feddans) of land from the New Urban Communities Authority (NUCA) for a EGP 500 bn residential project in the Capital Gardens\u2026","rel":"","context":"In "RADAR"","block_context":{"text":"RADAR","link":"https:\/\/enterpriseam.com\/egypt\/category\/radar\/"},"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":676633,"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\/676633","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=676633"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/676633\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/676625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/676634"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=676633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=676633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=676633"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=676633"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=676633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}