71 Days
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اقتصاد
Talaat Mostafa H1 Sales Rise
Talaat Mostafa Group Holding achieved strong sales in the first half of 2026, totaling 219.1 billion Egyptian pounds (approximately $4.47 billion), compared to 211 billion pounds in the same period in 2025. The growth in sales was driven by the robust performance of the "South Med" project along the North Coast, which generated sales of about 94 billion pounds during the first half, including 87 billion during the second quarter of the year. The group also recorded sales from the "The Spines" project, launched last May, amounting to approximately 34 billion pounds. The company is expanding beyond Egypt into Saudi Arabia, Oman, and Iraq, with large projects including one million housing units and investments exceeding 1.4 trillion pounds in Egypt.
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