TMG Holding is trading 4.16% up at $84.79, with its October 20 agreement with Egypt to develop four mixed-use projects the clearest company-specific catalyst.
- The projects target EGP 11 trillion in investment across more than 37 million square meters, Reuters reported.
- TMG was among EGX real-estate advancers, with reported net inflow of EGP 146.5 million; no trading-volume figure was available. The deal is a stronger explanation for the gain than the supplied U.S. real-estate sector context.