Top 50 Listed Companies
In Egypt 2022

5. Talaat Moustafa Group Holding (TMG Holding)

Sector: Real Estate & Construction

CEO and Managing Director: Hisham Talaat Moustafa

Market value: $953 million

Sales: $825 million

Profits: $96 million

Assets: $7.5 billion

TMG Holding is the largest listed real estate company in Egypt with $7.5 billion in assets in 2021. The 50-year-old group has developed over 33 million sqms of land and sold over 90,000 units. It currently has a land bank of 74 million sqms. Among its flagship projects are Al Rehab City, which covers over 9.9 million sqms and hosts 200,000 residents, and Madinaty, which covers over 33.6 mn sqm of land with 700,000 target residents. The company has lately laid the foundation stone for its Noor City project, which will cover 5,000 acres in front of the New Administrative Capital.