Madinaty project

Talaat Mostafa Group ready to negotiate contract with government
Egypt

Talaat Mostafa Group ready to negotiate contract with government

The Talaat Mostafa Group has said that it is ready to negotiate with the Egyptian government to correct procedural flaws…
‘Madinaty man’ named man of the year by anti-corruption group
Egypt

‘Madinaty man’ named man of the year by anti-corruption group

Hamdi al-Fakharani, also known as “the Madinaty man,” won first place in the “Egyptian warrior” prize category, presented by popular…
Madinaty land project set to continue despite court ruling
Business

Madinaty land project set to continue despite court ruling

Egypt's Housing Ministry on Tuesday confirmed that the Talaat Mostafa Real Estate Holding Company would continue with its ‘Madinaty’ luxury
Court postpones review of Palm Hills case
Business

Court postpones review of Palm Hills case

An Egyptian court on Tuesday postponed until 14 December the review of a lawsuit calling for revoking the sale of…
Committee: TMG should be charged almost LE14 billion in housing units
Business

Committee: TMG should be charged almost LE14 billion in housing units

The legal committee tasked with re-evaluating land associated with the Madinaty urban development project this week recommended that the Housing…
Housing Ministry prepares new Madinaty contract
Egypt

Housing Ministry prepares new Madinaty contract

The Housing Ministry is preparing a new contract for the Madinaty urban development project with Talaat Mustafa Group (TMG), in…
Government resells Madinaty land to TMG for nearly LE10 billion
Egypt

Government resells Madinaty land to TMG for nearly LE10 billion

Egypt's Council of Ministers has agreed to invalidate the original land contract for the Madinaty urban development project and resell…
Saudi prince cultivated only 1% of his Toshka Project land
Business

Saudi prince cultivated only 1% of his Toshka Project land

Ibrahim al-Agami, executive director for the General Authority for Reconstruction Projects and Agricultural Development, an affiliate of the Ministry of…
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