Friday 3 May 2024
 
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Madinaty project

Egypt's TMG Q3 net profit plunges 34pc

Egypt's biggest listed developer Talaat Moustafa Group (TMG) posted a 34 per cent slide in third-quarter net profit on Wednesday, the first results from the firm since a legal row over its flagship project erupted. TMG's $3 billion Madinat

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Egypt delays meeting on TMG land case

Egypt's cabinet has delayed until early next week a meeting planned for Wednesday that had been expected to offer a legal solution to Talaat Moustafa Group's (TMG) land row, the cabinet spokesman said on Tuesday. The government has

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