Egypt’s Talaat Moustafa ups full-year target sales to 11.4 bln pounds

Egypt’s property developer Talaat Moustafa Group Holding (TMGH) board decided Monday to raise sales budget for 2017 to 11.4 billion Egyptian pounds ($642.7 million), from 9.4 billion pounds.

The company made first-half profits worth 696.5 million higher from 432.13 million pounds in the same period last year.