Image Credit: INSITE OOH Media Egypt-based real estate developers Talaat Moustafa Group (TMG) revealed its partnership with Emirati investment firm ADQ in the Ras El Hekma City project. The news, disclosed by TMG to the Egyptian Stock Exchange on 25 February and picked up by local media, explained that the company will be cooperating with ADQ Egyptian City Edge Developments to cooperate in the mega project. TMG is thought of as a longstanding partner with ADQ, with the former recently agreeing to sell 40.5 percent of its shares in hotel subsidiary ICON to the latter – including seven historic hotels across Egypt. The announcement comes a few days after Egypt and Emirati investors signed a la
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