12 Days
Source:
الاقتصادية
Talaat Mostafa secures project license in Iraq
Talaat Mostafa Holding, an Egyptian company, has obtained an investment permit for its new project in Baghdad, Iraq. The project involves developing approximately 43,000 residential units along with commercial assets, office spaces, and hotel facilities. The development is scheduled to last 16 years, with all units expected to be sold within 12 years. The project spans an area of 12.8 million square meters near Baghdad International Airport. It is projected to generate revenues exceeding $18.8 billion, with a gross margin of nearly 20%.
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