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Hisham Talaat Moustafa's TMG Eyes $4.7 Billion Sales From Mixed-Use Development in Oman

Summary by Billionaires.Africa
Key PointsTMG's Oman entry includes two landmark developments totaling 4.9 million sqm, combining residential, tourism, and commercial assets.The projects are expected to deliver about 12,900 units and generate $54.8 million in annual recurring revenue, bolstering TMG’s foreign currency inflows.TMG aims to replicate its Egypt-Saudi model of upscale, self-sustaining smart cities, leveraging Gulf expansion to hedge against Egyptian pound volatilit…
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Billionaires.Africa broke the news in on Tuesday, May 20, 2025.
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