TMG Holding, a leading real estate holding company led by Egyptian billionaire Hisham Talaat Moustafa, is set to bolster its presence in the Middle East with new projects in Iraq.
The Cairo-based real estate giant has initiated legal and technical preparations for these ventures, signaling a strong commitment to regional expansion.
TMG commits to transparency on Iraq initiativesIn a recent update to the Egyptian Exchange (EGX), TMG revealed that further details on the Iraq projects will be shared as development progresses, with the company committed to full transparency and compliance with disclosure and listing regulations.
This follows a July meeting between Iraqi Prime Minister Mohammed Shia' Al-Sudani and Egyptian and Saudi business leaders, including Moustafa. The Prime Minister invited these business leaders to invest in Iraq's growing tourism sector, emphasizing their expertise in real estate and smart city development. The focus is on resorts, hotels, and entertainment facilities.
