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Egypt's Talaat Moustafa Group to build $27 billion city east of Cairo

Published on: Saturday 18 April 2026

Egypt's Talaat Moustafa Group to build $27 billion city east of Cairo Egypt's Talaat Moustafa Group (TMG) will build a new 1.4 ⁠trillion Egyptian pound ($27 billion) mixed-use city east of ​Cairo.


News source: https://www.cnbc.com/2026/04/18/egypts-talaat-moustafa-group-to-build-27-billion-city-east-of-cairo.html

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