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Talaat Moustafa Group, Egypt’s biggest listed property developer, reported a sharp rise in annual earnings as demand for its large scale residential projects and hotel portfolio lifted results and pushed its contracted sales pipeline to a new high.
The Cairo based group said net profit climbed 43% in 2025 to 18.2 billion Egyptian pounds ($381 million), supported by a broad increase in revenue across its major businesses. Total revenue rose 46% to about 62.5 billion pounds, the company said in its annual financial results.
Real estate remained the main engine. The company reported a 50% jump in real estate revenue to 36.7 billion pounds, reflecting continued delivery and recognition of sales from its flagship developments and an expanding pipeline of units scheduled for handover in coming years.
TMG’s hospitality business also turned in a strong year. Hotel sector revenue rose 30% to 14.89 billion pounds, adding weight to an earnings mix that has increasingly relied on both property development and recurring cash flows from operating assets.
The group highlighted faster growth in recurring and service income, a category that includes revenues tied to services and ongoing activities. It said that line increased 64% to 10.9 billion pounds in 2025, up from 6.66 billion pounds a year earlier, a shift investors typically watch because it can smooth earnings volatility compared with one off property sales.
One of the clearest signals of momentum was TMG’s backlog. The company said unrecognised sales reached 441 billion pounds by the end of 2025, up 50% from the level recorded at the end of December 2024. Those contracted sales are scheduled to be delivered over the coming years and are expected to translate into future revenue and profit as projects reach handover stages.
TMG is controlled by the Talaat Moustafa family and has long been a bellwether for Egypt’s high end and mass market residential demand, building large master planned communities and operating a portfolio of hotels that benefits from tourism cycles and business travel.
The latest results land as Egypt’s property market continues to attract buyers seeking a hedge against inflation and currency swings, while developers race to secure land, build at scale and convert contracted sales into deliveries.
TMG’s 2025 numbers underline how that model can produce rapid profit growth when sales remain strong and execution stays on track, especially for developers with large land banks, established brands and the ability to finance multi year construction programs.
