TMG Holding’s ”The Spine” Hits EGP 30 Billion in Sales Within 18 Days, Surpassing Year-One Projections
Talaat Moustafa Group (TMG) Holding, Egypt’s leading real estate developer, has announced a historic launch for its latest mega-project, The Spine. Since sales commenced on April 20, 2026, the project has generated a staggering EGP 30 billion in total sales value as of May 8. This figure represents approximately 60% of the projected first-year sales outlined in the project’s economic feasibility study, highlighting robust demand for TMG’s integrated, high-value urban communities.
The group’s ability to mobilize such significant capital in less than three weeks underscores its massive customer base and proven track record in developing multi-use destinations. As TMG continues to redefine Egypt’s urban landscape, "The Spine" is positioned as a critical revenue driver for 2026, solidifying the group’s market leadership and its capacity to deliver investment-grade real estate products that resonate with both local and international buyers.