Talaat Moustafa Group
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Talaat Moustafa Group
The Talaat Moustafa Group (TMG), one of the largest conglomerates in Egypt, was founded by the late Talaat Moustafa and is headed by his son, Hisham Talaat Moustafa. The group is known for the development of integrated communities, including mixed-use real estate and hospitality projects across Egypt. It holds a land bank of 74 million square meters in addition to the 36 million square meters already developed since its inception 50 years ago. The Talaat Moustafa family, which includes the daughter of Talaat Moustafa, Sahar Talaat Mostafa, owns 51% of the group's total stock; the rest is owned by Egyptian and Arab investors. Comprising 23 companies, the group is estimated to be worth at the current market capitalization and employs more than 12,000 people along with 60,000 additional workers at its various project sites. In November 2007, the company's shares were made public. The construction branch is managed by Moustafa's eldest son, Tarek Talaat Moustafa, who is also the form ...
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EGX 30 Index
EGX 30, previously named CASE 30 Index, is a stock market index for securities in Egypt Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediter ..., designed and calculated by EGX. EGX started disseminating its index on 2 February 2003 via data vendors, its publications, web site, newspapers etc. The start date of the index was on 2/1/1998 with a base value of 1000 points. EGX 30 index value is calculated in local currency terms and denominated in US dollars since 1998. EGX started publishing its dollar denominated index on 1 March 2009. EGX 30 index includes the top 30 companies in terms of liquidity and activity. EGX 30 Index is weighted by market capitalization and adjusted by the free float. Adjusted Market capitalization of a listed company is the number of its listed shares multiplied by ...
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San Stefano Grand Plaza
San Stefano Grand Plaza ( ar, سان ستفانو جراند بلازا) is a structural complex including apartments, offices, a shopping mall and a marina in Alexandria, Egypt. It was designed by WZMH Architects. See also * List of shopping malls in Egypt This is a list of shopping malls in Egypt. Alexandria * City Centre Alexandria *San Stefano Grand Plaza Cairo * City Centre Maadi * Mall of Egypt *Tiba Outlet Mall References {{DEFAULTSORT:Shopping malls in Egypt Egypt Shopping mall ... References {{Four Seasons Hotels Hotels in Alexandria Four Seasons hotels and resorts Shopping malls in Egypt WZMH Architects buildings Buildings and structures in Alexandria ...
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Conglomerate Companies Of Egypt
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable activ ...
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Construction And Civil Engineering Companies Established In 1974
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The construction i ...
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1974 Establishments In Egypt
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of President of the United States, United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; following List of Prime Ministers of Israel, Israeli Prime Minister Golda Meir's resignation in response to high Israeli casualties, she was succeeded by Yitzhak Rabin. In Europe, the Turkish invasion of Cyprus, invasion and occupation of northern Cyprus by Turkey, Turkish troops initiated the Cyprus dispute, the Carnation Revolution took place in Portugal, and Chancellor of Germany, Chancellor of West Germany Willy Brandt resigned following an Guillaume affair, espionage scandal surrounding his secretary Günter Guillaume. In sports, the year was primarily dominated by the 1974 FIFA World Cup, FIFA World Cup in West Germany, in which the Germany national football team, German national team won the championshi ...
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Shura Council
In Arab culture, a Majlis-ash-Shura ( ar, مجلس الشورى; Shura Council in English) is an advisory council or consultative council. In Islamic context, the Majlis-ash-Shura is one of two ways that a Caliph, khalifa (Islamic leader) may be selected, the other way being by nomination. The noun (''shura''), alone, means "consultation" and refers to (among other things) a topic in Islamic law or sharia; see Shura. Combined with the term Majlis, , which refers to a council or legislature, it is meant to indicate a body of individuals who advise, consult or determine. Political Majlis al Shura is a commonly used term for elected or co-opted assemblies with advisory or legislative powers in Arabic-speaking or Islamic-majority countries. In countries with bicameral national legislatures, the appellation is given to either the full legislative body or to the upper house; in the case where the government doesn't function on a democratic basis, the legislature's powers are often rest ...
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People's Assembly Of Egypt
The Parliament of Egypt is the bicameral legislature of the Arab Republic of Egypt. It is composed of an upper house (the Senate) and a lower house (the House of Representatives). The Parliament is located in Cairo, Egypt's capital. Under the country's 2014 constitution, as the legislative branch of the Egyptian state the Parliament enacted laws, approved the general policy of the State, the general plan for economic and social development and the general budget of the State, supervised the work of the government, and had the power to vote to impeach the president of the Republic, or replace the government and its prime minister by a vote of no-confidence. The parliament is made up of 596 seats, with 448 seats elected through the individual candidacy system, 120 elected through winner-take-all party lists (with quotas for youth, women, Christians, and workers) and 28 selected by the president. It is the fifth-largest legislative chamber in the world behind the National Peop ...
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Egyptian Parliament
The Parliament of Egypt is the bicameral legislature of the Arab Republic of Egypt. It is composed of an upper house (the Senate) and a lower house (the House of Representatives). The Parliament is located in Cairo, Egypt's capital. Under the country's 2014 constitution, as the legislative branch of the Egyptian state the Parliament enacted laws, approved the general policy of the State, the general plan for economic and social development and the general budget of the State, supervised the work of the government, and had the power to vote to impeach the president of the Republic, or replace the government and its prime minister by a vote of no-confidence. The parliament is made up of 596 seats, with 448 seats elected through the individual candidacy system, 120 elected through winner-take-all party lists (with quotas for youth, women, Christians, and workers) and 28 selected by the president. It is the fifth-largest legislative chamber in the world behind the National Peop ...
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Arab
The Arabs (singular: Arab; singular ar, عَرَبِيٌّ, DIN 31635: , , plural ar, عَرَب, DIN 31635: , Arabic pronunciation: ), also known as the Arab people, are an ethnic group mainly inhabiting the Arab world in Western Asia, North Africa, the Horn of Africa, and the western Indian Ocean islands (including the Comoros). An Arab diaspora is also present around the world in significant numbers, most notably in the Americas, Western Europe, Turkey, Indonesia, and Iran. In modern usage, the term "Arab" tends to refer to those who both carry that ethnic identity and speak Arabic as their native language. This contrasts with the narrower traditional definition, which refers to the descendants of the tribes of Arabia. The religion of Islam was developed in Arabia, and Classical Arabic serves as the language of Islamic literature. 93 percent of Arabs are Muslims (the remainder consisted mostly of Arab Christians), while Arab Muslims are only 20 percent of the ...
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Hisham Talaat Moustafa
Hisham Talat Moustafa ( ar, هشام طلعت مصطفى) (born December 12, 1959) is an Egyptian realtor and former chairman and head of the Real Estate Branch of the Talaat Moustafa Group. He had been elected in 2004 to the Shura Council in the Parliament of Egypt. In 2007 his net worth was estimated at $800 million, with multiple Credit Suisse accounts per Suisse secrets, even after he was arrested in September 2008 and found guilty in May 2009 in the murder of Lebanese singer Suzanne Tamim. His sentence to death by hanging was overturned on a legal technicality. Following a retrial in 2010, he was sentenced to 15 years' imprisonment. Moustafa was released after 9 years in June 2017 after receiving a presidential pardon and returned as Chief Executive and Managing Director of Talaat Moustafa Group. Early life and education Born in the Egyptian city of Alexandria in 1959, Moustafa graduated in 1980 from the University of Alexandria's College of Commerce with an accounting degre ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Madinaty
Madinaty ( ar, مدينتى  , "My City") is a suburb, aimed at becoming a complete city, in northeast Cairo Governorate, Egypt. It is south of Shorouk and northeast of New Cairo. Overview The project is being constructed by Talaat Mostafa Group. The Master Planners are HHCP Design International, Inc. The landscape architects are the SWA group. Construction began in July 2006. The contract by which the land was granted to the company was challenged in Egyptian courts. Egyptians were angered that the land had been sold below current market value to Talaat Mostafa Group during Mubarak's rule. Madinaty is being built over an area of , with a total budget of .جريدة الرياض : «مدينتي» أكبر مش ...
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