Talaat Moustafa Group Holding (TMG Holding) News - Mubasher Info
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08 April 03:40 AM

Talaat Moustafa Group Holding (TMGH)

Last update: 7 April 02:28 PM market time.
77.51
-1.58
-1.99%
Open 79.28
Previous Close 79.28
High 79.85
Low 77.30
Stock Statistics
Volume 1,925,361
Turnover 150,788,576.00
All data are 15 minutes late during market session

News

Talaat Moustafa Group submitted a request to purchase a 500-feddan land plot
20 January 2020 04:06 PM Talaat Moustafa Group likely to finalise talks over west Assiut land in month
By: Abdullah Bedeir Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) is in negotiations with the Ministry of Housing’s New Urban Communities Authority (NUCA) to purchase a land plot, the company’s CEO and managing director Hisham …
Real estate
Talaat Moustafa Group logged net profits of EGP 1.37 billion in nine months
20 January 2020 01:47 PM Talaat Moustafa Group to issue sukuk in April
By: Abdullah Bedeir Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) is looking to issue sukuk by April, the company’s CEO and managing director Hisham Talaat Mostafa said. Over the course of 2020, the real estate developer aims to …
Sukuk and Islamic Finance
Talaat Moustafa maintains the “Optimistic” outlook for 2020
5 January 2020 05:47 PM Talaat Moustafa logs EGP 20.4bn sales in 2019, maintains 2020 outlook
Cairo – Mubasher: Talaat Moustafa Group Holding has achieved property sales of EGP 20.4 billion during 2019 when compared to EGP 21.3 billion in 2018. The sales included EGP 5.4 billion worth of income from non-residential units which recorded a …
Company News
This move is part of the real estate developer’s efforts to diversify its financing sources
8 December 2019 11:21 AM Talaat Moustafa’s unit gears up to issue EGP 2bn sukuk
Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) announced that its subsidiary, Arab Company for Projects and Urban Development, is finalising the required procedures to issue sukuk worth EGP 2 billion in the coming period.   This …
Companies Investments
Revenues increased to EGP 5.1 billion
17 November 2019 00:39 PM Talaat Moustafa Group’s profit grows 10% in 9M
Cairo – Mubasher: The consolidated financial statement of Talaat Moustafa Group Holding (TMG Holding) posted a 9.9% year-on-year profit rise during the first nine months of 2019. Net profits grew to EGP 1.37 billion in the January-September period …
Financial Results
The company generated EGP 7.75 billion in revenues
14 November 2019 11:06 AM Talaat Moustafa Group logs EGP 1.3bn net profit in 9M unaudited financials
Cairo – Mubasher: The unaudited financial results of Talaat Moustafa Group Holding (TMG Holding) reported an 11% year-on-year profit growth during the first nine months of 2019. Net profits increased to EGP 1.31 billion in the January-September …
Financial Results
Madinaty – Talaat Moustafa Group's modern city
1 October 2019 10:48 AM Talaat Moustafa Group mulls obtaining 500-feddan land in west Assiut
By: Abdullah Bedeir Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) currently considers obtaining a land plot in Nasser City in west Assiut through direct allocation to set up a comprehensive urban project, head of Nasser City …
Real estate
The new JV’s paid capital is planned to be EGP 150 million
3 September 2019 02:40 PM EFG Hermes, Talaat Moustafa, GB Capital to launch mortgage JV in October
By: Islam Fadl Cairo – Mubasher: A new mortgage finance joint venture (JV) will be launched in October, CEO of EFG Finance Holding, the non-banking financial arm of EFG Hermes, Walid Hassouna, said.   Currently, the company’s board of directors …
Banking and Finance
Sales grew to EGP 3.02 billion in H1-19
14 August 2019 00:40 PM Talaat Moustafa Group’s consolidated profits up 10% in H1-19
Cairo- Mubasher: The consolidated financial statements of Talaat Moustafa Group Holding (TMG Holding) showed an increase of 10% in profits by 10% during the first half of 2019, compared to the corresponding period last year. The profits of the …
Real estate
Revenues increased to EGP 4.9 billion
7 August 2019 11:58 AM Talaat Moustafa's H1 unaudited financials show EGP 812m profit
Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) reported an 11% year-on-year profit increase during the first half of 2019, the company’s unaudited consolidated financial results showed. The Egyptian property developer’s profit rose …
Financial Results
Talaat Moustafa Group Holding recorded revenues of EGP 2.24 billion
4 July 2019 04:54 PM EGX-listed real estate firms post EGP 6.6bn revenues in Q1
By: Abdullah Bedeir Cairo – Mubasher: Revenues of real estate companies listed on the Egyptian Exchange (EGX) grew by 5.49% year-on-year during the first quarter of 2019, according to statistics conducted by Mubasher. From January to March, …
Company News
Net profits amounted to EGP 374.7 million
15 May 2019 01:15 PM Talaat Moustafa Group's Q1 profit grows 10%
Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) posted a 10.01% year-on-year growth in its consolidated profits during the first quarter of 2019.  The Cairo-based property developer’s net profits amounted to EGP 374.7 million in the …
Real estate
Revenues recorded EGP 2.24 billion
14 May 2019 00:46 PM Talaat Moustafa Group’s profit expected to rise 17% in Q1
Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) is expected to report a 16.7% year-on-year growth in its consolidated profits during the first quarter of 2019.  The Cairo-based property developer’s net profits amounted to EGP 361.2 …
Financial Results
The transaction’s value amounted to EGP 26.2 million
8 May 2019 03:44 PM Schroders Plc cuts stake in TMG Holding to 4.97%
Cairo – Mubasher: EFG Hermes announced that Schroders Plc has reduced its stake in Talaat Mostafa Group Holding (TMG Holding) to 4.97%. Schroders Plc sold 2.25 million shares in TMG Holding, cutting its stake to 4.97% from 5.08%, according to a …
Insider Trading & Treasury Stocks
TMG Holding reported EGP 1.77 billion in consolidated profits for FY18
21 April 2019 02:46 PM TMG Holding seeks to amend five-star hotel deal with Egoth
Cairo – Mubasher: Talaat Mostafa Group Holding (TMG Holding) is looking at amending its agreement with the Egyptian General Co. for Tourism & Hotels (Egoth) through one of its subsidiaries. Upon the deal, the Cairo-based real estate firm will …
Corporate Actions
The new JV’s paid capital will reach EGP 150 million
17 April 2019 08:43 PM TMG Holding, EFG Hermes launch mortgage finance JV
Cairo – Mubasher: Talaat Moustafa Group Holding (TMGH), GB Capital, and EFG Hermes have signed an agreement to launch a mortgage finance joint venture. The new company will offer property units at competitive prices tailored for average Egyptian …
Companies Investments
CEO of Talaat Moustafa Group Holding, Hisham Talat Moustafa
17 April 2019 05:58 PM Talaat Moustafa: No slowdown in Egypt’s property market
Cairo – Mubasher: The CEO and managing director of Talaat Moustafa Group Holding, Hisham Talat Moustafa, said that the real estate market in Egypt is not witnessing a slowdown in the current time. Talaat Moustafa Group has launched various real …
Real estate
The dividends will be paid to shareholders over two installments each worth EGP 0.088 per share
31 March 2019 00:55 PM TMG Holding OGM nods to EGP 365m dividends for FY18
Cairo – Mubasher: Talaat Moustafa Group Holding’s (TMG Holding) ordinary general meeting (OGM) has approved a cash dividend distribution of EGP 365 million or EGP 0.176 per share to shareholders for fiscal year 2018. The dividends will be paid to …
Cash Dividends
TMG Holding's CEO Hisham Talaat Mostafa
25 March 2019 03:15 PM TMG Holding, Saudi Arabia in talks over residential project
By: Abdullah Bedeir Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) is in talks with the Saudi Arabian Ministry of Housing to build a residential project in the Gulf kingdom, the company’s CEO revealed on Monday. The terms and …
Companies Investments
TMG Holding is looking to build social housing units in collaboration with the Egyptian government
25 March 2019 02:46 PM TMG Holding eyes gov’t partnership to build social housing project
By: Abdullah Bedeir Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) is looking to build social housing units in collaboration with the Egyptian government, the company’s CEO told reporters on Monday. The Egypt-based property …
Real estate
TMG Holding aims to raise its sales by 12.6% year-on-year
25 March 2019 02:27 PM TMG Holding logs EGP 4.1bn sales in 2019
By: Abdullah Bedeir Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) has generated EGP 4.1 billion in sales since the beginning of 2019, the company’s CEO said on Monday. The Egyptian real estate firm aims to raise its sales by 12.6% …
Real estate
Robust sales were mainly driven by solid sales of Celia project
4 March 2019 11:28 AM TMG Holding logs EGP 3.2bn sales in 2M
Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) on Monday announced it has achieved sales of EGP 3.2 billion in the first two months of 2019, soaring 114% from EGP 1.5 billion in the year-ago period. Robust sales were mainly driven …
Real estate
The FV was mainly driven by the company’s Madinaty-based commercial portfolio
21 February 2019 03:36 PM Research firm maintains ‘Overweight’ of TMG Holding
Cairo – Mubasher: Pharos Research has reiterated their ‘Overweight’ recommendation of Talaat Moustafa Group Holding (TMG Holding) based on a fair value (FV) of EGP 17.90 per share. The FV was mainly driven by the company’s Madinaty-based …
Financial Results
The company aims to achieve sales of EGP 24 billion this year
21 February 2019 02:35 PM TMG Holding eyes EGP 24bn sales in 2019
Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) on Thursday revealed it targets an annual sale growth of 12.6% in 2019. The company aims to achieve sales of EGP 24 billion this year, versus sales of EGP 21.3 billion in 2018, the …
Real estate
Revenues grew to EGP 10.9 billion last year
21 February 2019 01:39 PM TMG Holding FY18 profits up 28%; EGP 0.17/shr dividend proposed
Cairo – Mubasher: Talaat Moustafa Group Holding (TMG Holding) on Thursday reported a 28% year-on-year surge in consolidated profits for 2018. Net profit amounted to EGP 1.77 billion in 2018, versus EGP 1.32 billion in 2017, including minority …
Real estate