Latest news with #TalaatMoustafaGroup
Zawya
27-05-2025
- Business
- Zawya
Egypt: TMG Holding signs MoU to develop 14mln sqm mixed-use project in Iraq
RELATED TOPICS EGYPT NORTH AFRICA IRAQ CORPORATE INFRASTRUCTURE Arab Finance: Talaat Moustafa Group Holding has signed a memorandum of understanding to develop a new large-scale mixed-use project on a 14 million sqm plot in southwest Baghdad, as part of its regional expansion strategy focused on replicating its integrated city model in Middle Eastern markets, as per a disclosure. The project, which follows the TMG's April 28th disclosure regarding negotiations with local Iraqi authorities, is expected to include approximately 46,000 mixed-use units. It will mirror TMG's established community development approach implemented in Egypt and Saudi Arabia, with a focus on high-quality housing, smart infrastructure, and sustainability. With this MoU, TMG Holding's regional land bank rises to 29 million sqm, spanning Iraq, Saudi Arabia, and Oman. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Daily News Egypt
25-05-2025
- Business
- Daily News Egypt
TMG deal embodies vision for enhanced global partnerships: Oman Housing Minister
An agreement with Talaat Moustafa Group (TMG) embodies the Sultanate of Oman's vision for enhanced partnerships with major global corporations, Oman's Minister of Housing and Urban Planning, Khalfan bin Saeed Al Shueili, has stated. Al Shueili made the comments following the signing of two partnership and investment development agreements with TMG, a prominent real estate and tourism project developer in Egypt and the Middle East. He emphasised that this collaboration will contribute to accelerating smart urban development, providing a sustainable urban environment responsive to citizens' aspirations, and supporting national economic diversification efforts. 'We are moving forward with implementing strategic projects within Sultan Haitham City, a cornerstone of Oman's future urban development,' the Minister added. 'We are focused on attracting high-caliber investments that meet global standards for smart city development, thereby enhancing the quality of life and fostering a balanced societal economy. This agreement is a concrete example of this ambitious development strategy.' Hisham Talaat Moustafa, CEO and Managing Director of TMG, expressed his pride in the Group's entry into the Omani market through a strategic agreement to develop two flagship projects. These projects, according to Moustafa, will be developed simultaneously on two land plots west of the capital, Muscat, and will be interconnected by an electric tram. The agreement is set to accelerate the development of Sultan Haitham City, solidifying its status as a pioneering development model both regionally and globally. This reflects an integration of smart infrastructure with an advanced urban vision. Furthermore, this partnership underscores the Sultanate of Oman's capacity to attract high-value investments and capital that generate tangible economic and social outcomes.
Zawya
22-05-2025
- Business
- Zawya
Hisham Talaat Moustafa eyes Oman as promising real estate, tourism investment hub
Egypt - Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group (TMG), has affirmed that the Sultanate of Oman holds a promising future for its real estate sector and is poised to be a regional real estate and tourism hub. Speaking at a dialogue session during the 20th edition of the Oman Real Estate Conference and Exhibition, Moustafa emphasised Oman's economic advantages, including political and economic stability, low inflation rates compared to many regional markets, and a flexible legislative environment that supports investor rights, as factors making it an attractive destination for real estate investment. Hisham Talaat Moustafa noted that TMG received full support for over a year from Omani Minister of Housing Khalfan Al Shueili and other officials. This collaboration culminated in the signing of an agreement between TMG and the Omani Ministry of Housing and Urban Planning to develop two real estate and tourism projects west of Muscat, the Omani capital. He elaborated that clear indicators point to an increasing demand for real estate in the Sultanate in the near future. Hisham Talaat Moustafa highlighted that over 65% of Oman's total population is aged from birth to 30 years, signifying a young demographic expected to fuel future demand for both housing and services. This demographic trend also suggests substantial annual growth within the real estate sector, creating broad opportunities for investment and development, he added. Talaat Moustafa Group aims to actively participate in developing integrated cities and projects in the Sultanate, keeping pace with this growth, Hisham Talaat Moustafa said. He stated this aspiration is backed by the Group's approximately 55 years of experience in real estate development, during which they have developed integrated cities housing over 1.5 million people. In the tourism sector, TMG possesses the largest hotel portfolio in Egypt, with over 5,000 hotel rooms and an additional 3,000 rooms currently under development, according to Moustafa. 'I invite all investors worldwide to turn their attention to the Sultanate of Oman, which represents a promising investment destination, not only in the real estate sector but also in the growing tourism sector, thanks to Oman's unique characteristics,' Hisham Talaat Moustafa stated during the conference. Ahmed Sabbour, Chairperson of Al Ahly Sabbour Developments, who also participated in the session, affirmed that the entry of Talaat Moustafa Group will encourage Egyptian real estate developers to join the Omani market. The conference was held under the patronage of Sayyid Bilarab bin Haitham Al Said at the Oman Convention and Exhibition Centre and saw significant participation from leading local and international investors, real estate developers, and experts and consultants in urban planning, urban development, and real estate development.
Daily News Egypt
21-05-2025
- Business
- Daily News Egypt
Hisham Talaat Moustafa eyes Oman as promising real estate, tourism investment hub
Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group (TMG), has affirmed that the Sultanate of Oman holds a promising future for its real estate sector and is poised to be a regional real estate and tourism hub. Speaking at a dialogue session during the 20th edition of the Oman Real Estate Conference and Exhibition, Moustafa emphasised Oman's economic advantages, including political and economic stability, low inflation rates compared to many regional markets, and a flexible legislative environment that supports investor rights, as factors making it an attractive destination for real estate investment. Hisham Talaat Moustafa noted that TMG received full support for over a year from Omani Minister of Housing Khalfan Al Shueili and other officials. This collaboration culminated in the signing of an agreement between TMG and the Omani Ministry of Housing and Urban Planning to develop two real estate and tourism projects west of Muscat, the Omani capital. He elaborated that clear indicators point to an increasing demand for real estate in the Sultanate in the near future. Hisham Talaat Moustafa highlighted that over 65% of Oman's total population is aged from birth to 30 years, signifying a young demographic expected to fuel future demand for both housing and services. This demographic trend also suggests substantial annual growth within the real estate sector, creating broad opportunities for investment and development, he added. Talaat Moustafa Group aims to actively participate in developing integrated cities and projects in the Sultanate, keeping pace with this growth, Hisham Talaat Moustafa said. He stated this aspiration is backed by the Group's approximately 55 years of experience in real estate development, during which they have developed integrated cities housing over 1.5 million people. In the tourism sector, TMG possesses the largest hotel portfolio in Egypt, with over 5,000 hotel rooms and an additional 3,000 rooms currently under development, according to Moustafa. 'I invite all investors worldwide to turn their attention to the Sultanate of Oman, which represents a promising investment destination, not only in the real estate sector but also in the growing tourism sector, thanks to Oman's unique characteristics,' Hisham Talaat Moustafa stated during the conference. Ahmed Sabbour, Chairperson of Al Ahly Sabbour Developments, who also participated in the session, affirmed that the entry of Talaat Moustafa Group will encourage Egyptian real estate developers to join the Omani market. The conference was held under the patronage of Sayyid Bilarab bin Haitham Al Said at the Oman Convention and Exhibition Centre and saw significant participation from leading local and international investors, real estate developers, and experts and consultants in urban planning, urban development, and real estate development.
Egypt Today
21-05-2025
- Business
- Egypt Today
Hisham Talaat invites global investors to invest in Oman at 2025 Real Estate Conference
'Oman poised to be regional real estate & tourism hub' Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group (TMG), affirmed that the Sultanate of Oman holds a promising future for its real estate sector. He emphasized that Oman's economic advantages, including political and economic stability, low inflation rates compared to many regional markets, and a flexible legislative environment that supports investor rights, make it an attractive destination for real estate investment. Hisham Talaat noted that the Group received full support for over a year from His Excellency the Omani Minister of Housing, Dr. Khalfan Al Shueili, and other officials. This collaboration culminated in the signing of an agreement between TMG and the Omani Ministry of Housing and Urban Planning to develop two real estate and tourism projects west of Muscat, the Omani capital. Talaat further elaborated that clear indicators point to an increasing demand for real estate in the Sultanate of Oman in the near future. He highlighted that over 65% of the total population in the Sultanate is aged from birth to 30 years, signifying a young demographic that will fuel future demand for both housing and services. This demographic trend also suggests substantial annual growth within the real estate sector, creating broad opportunities for investment and development. He added that Talaat Moustafa Group aims to actively participate in developing integrated cities and projects in the Sultanate, keeping pace with this growth. This aspiration is backed by the Group's extensive experience of approximately 55 years in real estate development, during which they have developed integrated cities housing over 1.5 million people. In the tourism sector, TMG boasts the largest hotel portfolio in Egypt, with over 5,000 hotel rooms and an additional 3,000 rooms currently under development. Hisham Talaat further stated: "I invite all investors worldwide to turn their attention to the Sultanate of Oman, which represents a promising investment destination, not only in the real estate sector but also in the growing tourism sector, thanks to Oman's unique characteristics." For his part, Ahmed Sabbour, Chairman of Al Ahly Sabbour Developments, affirmed that the entry of Talaat Moustafa Group will encourage Egyptian real estate developers to join the Omani market. These statements were made during a dialogue session at the 20th edition of the Oman Real Estate Conference and Exhibition, which featured Hisham Talaat Moustafa and Ahmed Sabbour. The conference, held under the patronage of His Highness Sayyid Bilarab bin Haitham Al Said at the Oman Convention and Exhibition Centre, saw significant participation from leading local and international investors, real estate developers, and experts and consultants in urban planning, urban development, and real estate development.
