Talaat Moustafa Holding Group has achieved strong financial results during the year 2019, keeping it at the forefront of the real estate sector in Egypt, both in terms of achieving the largest sales in the market with a total exceeding 20 billion pounds, a number that no real estate company has achieved in Egypt, and has also achieved growth in profits. To 10% from the previous year, to record 1.87 billion pounds, topping it the first place in terms of profitability of real estate companies.
Billions of sales Hisham Talaat Moustafa Group not only succeeded in maintaining its leadership and position in the real estate market in Egypt, but also succeeded in increasing its market share by achieving the difficult equation by providing real estate products that suit the needs of the market at reasonable and studied prices, to record total real estate sales amounting to 20.4 billion pounds During 2019, a difference of no more than 4% or 0.9 billion pounds, compared to what the group achieved during 2018, which amounted to 21.3 billion pounds.
His Holiness Pope Tawadros II, Pope of Alexandria, received the Patriarch of the See of St. Mark this evening at the Pontifical Headquarters in Cairo, Mr. Hesham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Holding Group, and his accompanying delegation.
Pastor Paul Halim, spokesman for the Coptic Orthodox Church, said in a statement today that Professor Hesham Talaat Mostafa and his accompanying delegation came to congratulate His Holiness Pope Tawadros II on Christmas.
« Halim » added that Mr. Hesham Talaat Moustafa expressed his deep thanks to His Holiness Pope Tawadros II for receiving him, and invited his Holiness to visit the city of « My City » and inaugurate the Church of the Virgin and the Martyr Margirges there.
He continued, His Holiness, Pope Tawadros, welcomed the guests and thanked them for their tangible efforts at home, which appear in the new cities being built by the Group Talaat Moustafa.
His Holiness, Pope Tawadros II, wished him all the best of luck and more success in their work assignments.
The meeting was attended by pastor Anthony Morris, priest of Madinaty Church and members of the Church Council itself.
Talaat Moustafa group sponsors 5 distinguished players who are eligible for the Tokyo 2020 Olympics, and they are Ihab Abdel Rahman, champion of the pedestal Ramah, who is one of the players expected to compete for a medal, Heidi Adel, the modern team player, and she won many medals, most recently gold (individual) in the Swiss International Women’s Championship, Mohamed Abdel-Al, a judo player, is also among the players who have achieved honorable results in all the tournaments in which he represented Egypt, and won first place more than once.
The group also chose Azmi Mahilba, Egypt’s archery champion, who qualified for the Tokyo Olympics after winning bronze cartouches at the World Cup in skeet competitions, and Abdel-Rahman Orabi, a boxing player who won the Mediterranean Games, and is expected to achieve advanced positions in the Olympics.
Hesham Talaat Moustafa, CEO and managing director of Talaat Moustafa Holding Group, confirmed his full support to the players participating in the Tokyo Olympics 2020 to win gold medals, and allocated an open budget for the champions, adding that the group contributes to many social responsibility activities, believing in the importance of community participation to achieve social solidarity.
The financial institution announced that the initiative for land financing with a complete targeted financing of fifty billion pounds, for housing units that don’t exceed a neighborhood of 150 square meters, and to be fully finished and therefore the term of funding for 20 years, and to not have benefited from social housing programs, the unit price exceeds 2.25 million pounds as a maximum, with a tenth decreasing rate of interest .
Talaat Mostafa Group is one of the giant companies in the field of construction and building in Egypt and the Arab world, where the group has implemented many projects that have been approved and trusted and praised by the public dealing with them, and among those projects is the « Madinaty » project, this giant edifice that attests to The group is exclusively headed by Eng. Hesham Talaat Moustafa.
During the year 2019, « Madinaty » provided many integrated services to its residents, and everyone who lives « Madinaty » has found all the services it needs within the city, without resorting to it outside.
Among those services is the establishment of a real estate tax office within the city walls, the establishment of an office for the real estate month, in addition to operating an environmentally friendly tram in the Open Air Mall, and a events house has been established in the mosque, and an ambulance equipped with an intensive care unit has been provided, in addition to the establishment of a police point « Madinaty », and an office for the civil record, which was officially opened, all this, along with the launch of the Republic’s Five-Day Championship in « Madinaty », and the first « Madinaty » international squash tournament.
The Madinaty Sports Club has witnessed for two consecutive days the competitions of the Republic of Modern Pentathlon (Running and Swimming) with the participation of more than 1000 players from different clubs in the Republic.
The swimming competition is the first official championship to be held at the Olympic swimming pool at Madinaty Club since its opening.
The Madinaty Club (this giant sports entity) is located in the center of the project « Madinaty », on an area of 200 acres, and is therefore the largest social club in Egypt, and aims to spread physical education, social and cultural among its members and inspire the spirit of belonging, as well as providing means to exploit leisure time.
Madinaty Club has many academies for different games including: Karate Academy, Tennis, Ballet, Football, Boxing, Archery, Gymnastics, Taekwondo, Kung Fu, Gymnasium, Basketball Academy, Swimming.
This club comes to achieve the objectives of Hisham Talaat Moustafa Real Estate Group, to break into the world of sports strongly because of the club’s many advantages in terms of equipment or training and administrative competencies in addition to being the largest social club in Egypt in terms of space, which qualifies him to become a supervisor model of the state Hosting major tournaments and sporting events.
HishamTalaat Moustafa Company has obtained several approvals several months ago and approved the modification, planning and division of the eighth area to establish a new residential project. Magda recently performed a huge concert in the new open theater in New Cairo, where she sang with a bouquet of her most famous songs in the Arab world, including “Kalimat, Adam and Hanan, I love you too, be my friend”.
The new administrative capital is located on the borders of the city of Badr in the area between the Cairo-Suez and Cairo-Ain Sokhna roads, just after New Cairo, Future City and Madinaty. The location of the new administrative capital is about 60 km away from Ain Sokhna, Suez and downtown Cairo.