Cairo - Mubasher: Talaat Moustafa Group Holding Company (TMG Holding) generated consolidated revenues valued at EGP 13.07 billion in the first quarter (Q1) of 2026, up 39% year-on-year (YoY) from EGP 9.42 billion.
The group delivered robust performance, supported by strong real estate revenue recognition, strong hospitality, and continued growth in other recurring income streams.
Net profit after tax jumped by 24% YoY to EGP 5.48 billion in Q1-26 from EGP 4.41 billion, reflecting sustained operating strength and the continued evolution of the group’s diversified business model.
TMG Holding logged contracted sales totaling EGP 49.10 billion as of 31 March 2026.
The group officially launched The Spine in Madinaty, including a Special Investment Zone (SIZ) and a free economic zone framework. Total sales exceeded EGP 30 billion within 15 days, achieving over 65% of the budget for the first year.
The project is expected to generate total sales exceeding EGP 1.70 trillion over its development cycle and recurring revenues exceeding EGP 50 billion annually upon maturity.
Hisham Talaat Moustafa, CEO and Managing Director of TMG Holding, commented: “Our first quarter results underscore the strength of TMG’s integrated business model and the resilience of the local real estate market, supported by a differentiated value proposition that continues to resonate strongly with customers across our target segments.”
He added: “We continue to execute on a clear expansion strategy, building on our proven track record of developing cities and large-scale mixed-use communities, while entering a new phase of asset monetization and asset-light scalability.”
