Talaat Moustafa Group (TMG) is one of Egypt’s largest listed developers of integrated communities and hospitality destinations. Its operating story began in the early 1970s, when Eng. Talaat Moustafa and his sons founded an enterprise in the construction sector in 1970. The group later evolved into a publicly held real estate and hospitality platform listed on the Egyptian Exchange under TMGH.CA since 2007, with its head office at 34/36 Mossadek Street, Dokki, Giza.
TMG’s official website presents a track record of more than 50 years, a total land footprint of about 84 million square metres, more than 130,000 delivered units, over 400,000 square metres of commercial portfolio, and more than 4,000 hotel keys. Its best-known projects include Al Rehab, Madinaty, Noor, Celia, Privado, SouthMED, and The Spine.
Talaat Moustafa Group History and Establishment
Talaat Moustafa Group started from contracting and construction activity in the 1970s before moving into large-scale real estate development. The official history page notes that between 1986 and 1994 the group expanded through projects such as Al Rawda Al Khadraa, Virginia Beach on the North Coast, Al Rabwa in Sheikh Zayed, and May Fair in Al Sherouk. In 1997, TMG launched Al Rehab, an early private-sector model for an integrated city in New Cairo.
In 2006, the group started developing Madinaty on 33.6 million square metres, positioning it as one of the largest modern integrated cities in the MENA region. Later, TMG expanded into the New Administrative Capital with Celia in 2018, then into Noor at Capital Gardens in 2021, alongside regional expansion in Saudi Arabia and Oman. Hisham Talaat Moustafa currently serves as CEO and Managing Director, while Tarek Talaat Moustafa serves as Chairman.
Key Talaat Moustafa Group Projects
TMG’s portfolio spans residential communities, hospitality assets, commercial centres, clubs, and mixed-use destinations. Al Rehab in New Cairo is one of Egypt’s earliest integrated private-sector cities, extending over more than 10 million square metres and serving about 300,000 residents according to the official website. Madinaty, meanwhile, extends over 8,000 feddans and was master-planned with leading international design firms to combine housing, services, sports, retail, education, and community management.
In the New Administrative Capital, Celia spans 500 feddans in the Green River area, while Noor is positioned as a smart green city of more than 5,000 feddans at Capital Gardens. On the North Coast, SouthMED covers more than 23 million square metres at Kilo 165 on the Alexandria-Matrouh Road. In April 2026, TMG also launched The Spine inside Madinaty as Egypt and the region’s first AI-driven cognitive city, designed as a business, lifestyle, retail, hospitality, and entertainment hub.
Talaat Moustafa Group in Numbers
TMG’s official figures show the scale of its development platform, while its recent financial releases provide current operational performance. The official website shows more than 130,000 delivered units since inception, while the 1Q 2026 earnings release reported around 425 units delivered during the quarter across Madinaty, Privado, and Celia, with Noor expected to begin deliveries in the second half of 2026.
| Operating start | 1970 |
| Public listing | 2007 – EGX: TMGH.CA |
| Delivered units | More than 130,000 units according to the official website |
| Total land footprint | About 84 million square metres according to the official website |
| Hospitality portfolio | More than 4,000 hotel keys, with 1,500 under construction according to 1Q 2026 disclosure |
| Head office | 34/36 Mossadek Street, Dokki, Giza, Egypt |
Talaat Moustafa Group Vision and Specialties
TMG’s development model focuses on complete communities rather than standalone residential projects. Its cities typically combine housing, schools, clubs, retail, healthcare, transport, community services, and long-term operations. This model is visible in Al Rehab, Madinaty, and Noor, where the value proposition extends beyond the real estate unit into daily services and managed urban life.
- Integrated residential communities: Al Rehab, Madinaty, Noor, Celia, and Privado.
- Hospitality and hotels: Four Seasons partnerships and landmark hotels within the Legacy Hospitality portfolio.
- Commercial and administrative assets: Open Air Mall, The Strip, East Hub, and The Spine.
- Regional expansion: Banan in Saudi Arabia and the Yamal and Jood projects in Oman.
Recent Talaat Moustafa Group Developments
On 12 May 2026, TMG announced first-quarter 2026 consolidated revenues of EGP 13.1 billion and net profit after tax of EGP 5.5 billion. Contracted sales reached EGP 49.1 billion during the quarter. The release also noted that The Spine, launched after quarter-end in April 2026, generated sales exceeding EGP 30 billion within 15 days.
The group continues to increase recurring income through hospitality, commercial leasing, clubs, transport, utilities, and integrated community services. Its 1Q 2026 release stated that recurring revenues reached EGP 6.9 billion, representing about 53% of consolidated revenues, reflecting TMG’s move from a pure development-and-sales model toward a diversified platform that combines development, operation, and asset management.
Talaat Moustafa Group FAQ
When was Talaat Moustafa Group founded?
The group’s operating story began in 1970 in the construction sector, while TMG Holding has been publicly held since 2007.
How many units has Talaat Moustafa Group delivered?
The official website shows more than 130,000 delivered units since inception.
What are Talaat Moustafa Group’s main projects?
Major projects include Al Rehab, Madinaty, Noor, Celia, Privado, SouthMED, and The Spine.
Is Talaat Moustafa Group listed on the stock exchange?
Yes. Talaat Moustafa Group Holding is listed on the Egyptian Exchange under TMGH.CA and has been publicly held since 2007.
Where is Talaat Moustafa Group headquartered?
TMG’s head office is at 34/36 Mossadek Street, Dokki, Giza, Egypt.