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.
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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.
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