Tuesday July 23rd, 2024
Download the app
Copied

TMG Holding Achieves Record USD 7.1B Sales Led by SouthMed Launch

SouthMed, a development situated on Egypt's North Coast, has already generated USD 4.2 billion in sales.

Cairo Scene

TMG Holding Achieves Record USD 7.1B Sales Led by SouthMed Launch

Real estate developers TMG Holding has reported USD 7.1 billion (EGP 340 billion) in year-to-date sales, marking a seven-fold increase compared to the same period last year and breaking all previous sales records.

This surge is largely attributed to the launch of TMG's SouthMed project. SouthMed, a development situated on Egypt's North Coast, has already generated USD 4.2 billion in sales, solidifying TMG's position as the MENA region's fastest-selling company based on a single project launch.

TMG has also spearheaded their Banan development in Saudi Arabia, achieving EGP 40 billion in sales since its launch in May 2024.

×

Be the first to know

Download

The SceneNow App
×