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Hisham Talaat Moustafa’s TMG eyes $2.4 billion in sales from Sharm Bay project
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Hisham Talaat Moustafa’s TMG eyes $2.4 billion in sales from Sharm Bay project
Key PointsTMG targets $2.4 billion in lifetime sales from its luxury Sharm Bay coastal project near Sharm El-Sheikh, anchored by high-end villas and resort-style amenities. Sharm Bay delivers a 20% profit margin, with $606 million recurring income from premium residences, marina, retail, and wellness offerings. TMG scales Middle East footprint, launching $3.9 billion Oman projects after strong Saudi entry, cementing regional dominance in luxury …
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