Egyptian property developer Talaat Moustafa Group (TMG) will distribute a cash dividend of around 0.145 Egyptian pound ($0.02) after profits grew in 2013, the company said on Tuesday.
The payment, TMG's fir
Egyptian property developer Talaat Moustafa Group (TMG) said net profit in the first quarter of 2013 fell 19.8 percent to 139.4 million Egyptian pounds ($20 million).
TMG's profit for the first quarter of 2012 was 173.7 millio
Talaat Moustafa Group (TMG), Egypt's biggest listed property developer, reported a 2.5 percent rise in first-quarter net profit as sales rebounded from the same period of 2011, when they were disrupted by political turmoil.
The firm report
An Egyptian court on Tuesday set the next hearing in a land dispute case involving Talaat Mostafa Group (TMG) for Nov. 22, extending a legal wrangle that has rattled investors in the property market.
TMG's $3 billion Madinaty project has b
An Egyptian court on Tuesday postponed a hearing over a case involving a land sale to the country's biggest listed developer that has rattled the property sector, sparking uproar among home-owners in the courtroom.
Talaat Moustafa Gr
Egyptian property developer Talaat Moustafa Group (TMG) is pressing ahead with its investment plans and aims to spend 18 billion Egyptian pounds ($3 billion) on its two main projects in the next three years, a newspaper reported.
Talaat Moustafa Group (TMG) , Egypt's biggest listed developer, posted a 44 percent slide in first-half net profit to EGP371.2 million ($62.3 million), the bourse said on Wednesday.
The firm, which has suffered the brunt of a cri
An Egyptian court postponed to June 21 a hearing over a state land sale to Talaat Moustafa Group (TMG), the country's biggest listed developer, in a case that has rattled investors in the property sector.
TMG's $3 billion Madinaty project,
Talaat Moustafa Group (TMG), Egypt's biggest listed developer that is mired in a legal row over its flagship project, posted a 48 per cent drop in first-quarter net profit on Wednesday.
Net income fell to 169.4 million E
Egypt's government will uphold a court ruling to scrap a sale of state land to developer Palm Hills but will ensure ordinary Egyptians are not hurt, the housing minister said.
An Egyptian court ruled last month that a state land sale to Pa