Tag Archives | Talaat Moustafa Group (TMG)

Rafeel Economic City Project: PM meets Talaat Moustafa Group

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Monday received Mr. Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG) along with his accompanying delegation. The meeting was attended by the Chairman of the National Investment Commission (NIC) and the Saudi Ambassador to Iraq. The discussions focused on the Al-Rafeel [Rafael] Economic City […]

MoU signed for Development of Al-Rafeel Economic Zone

By John Lee. Prime Minister Mohammed S. Al-Sudani oversaw the signing of a Memorandum of Understanding between the National Investment Commission (NIC) and Egypt's Talaat Moustafa Group for Real Estate Development (TMG) to develop part of the economic zone in Al-Rafeel [Rafael] City, west of Baghdad. The agreement involves Iraqi-Egyptian-Saudi investment and includes participation from […]

"Advanced Talks" on $17bn Mega-Project in Iraq

By John Lee. Talaat Moustafa Group Holding (TMG Holding) has confirmed that it is in advanced negotiations with Iraq's National Investment Commission (NIC) to develop a large-scale mixed-use project southwest of Baghdad, marking a major step in its regional expansion. The project, spanning approximately 14 million square metres [14,000 donums; 1,400 hectares], is expected to […]

Egyptian Firm plans Projects and Investments in Iraq

By John Lee. Egypt's Talaat Moustafa Group (TMG) has informed the Egyptian Stock Exchange that it has started "the necessary legal and technical procedures" to begin projects and investments in Iraq. In July, company Chairman Hisham Talaat Moustafa was part of a delegation of Egyptian, Saudi, and Iraqi business leaders meeting with Iraqi Prime Minister […]

Egyptian, Saudi Businesses discuss Investment Opportunities in Iraq

By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani met with a delegation of Egyptian, Saudi, and Iraqi business leaders specializing in real estate development and integrated smart cities. The delegation included Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG); Suleiman Abdul Qader Al-Muhaidib, Chairman of Saudi Arabian Al-Muhaidib Group, along Essam […]