TMG climbs to 4th in Forbes’ Top 50 Public Companies in Egypt

Talaat Moustafa Group Holding (TMG) has climbed to fourth place on the Forbes Middle East list of “Top 50 Public Companies in Egypt for 2025”, following a substantial increase in sales and assets. The real estate developer was also named the leading company in its sector for the year.

 

The company advanced two places to secure the fourth position. The ranking reflects growth that saw the company’s sales rise to $837m from $593m, while net profits increased to $284m from $70m. Total assets grew to $7bn from $4.2bn.

 

TMG’s performance was supported by its operations as Egypt’s largest real estate developer, with a land portfolio of 125.9 million square metres across Egypt, Saudi Arabia, Iraq, and Oman. In 2024, the group’s sales tripled to $10bn, driven by the launch of the “Banan” project in Saudi Arabia and the “SouthMed” project in Egypt. The “SouthMed” project has generated $7bn in sales since its launch in July 2024.

 

In 2025, TMG continued its regional expansion with projects in Iraq and Oman, increasing its international land portfolio to 29 million square metres. The company said it anticipates generating approximately $33bn in sales from its projects across the three regional markets.