TMG Signs $200m SouthMed Agreement to Accelerate Its North Coast Flagship
TMG, led by Hisham Talaat Moustafa, signed a $200m agreement connected to its SouthMed development on Egypt's North Coast, Billionaires.Africa reported in early January 2026.
Hard-currency deals of this size around a single destination reflect how the new North Coast has become the focal point of institutional investment in Egyptian real estate — a trend resale buyers along the coast should keep on their radar.
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