• Talaat Moustafa Group (TMG) launched two major Oman projects, investing over USD 5B across the new Jood and Yamal developments.
• The projects span 4.9 million square meters and include 15,000 residential units, coastal amenities, hotels, and integrated community facilities.
• TMG plans to apply international standards regionally, targeting improved urban experiences for 1.5 million people by 2030.

Talaat Moustafa Group

Egypt’s real estate giant, Talaat Moustafa Group (TMG), is investing more than USD 5 billion in two new real estate projects in Oman. The investment is in its two new developments ‘Jood’ and ‘Yamal’ which span a combined area of 4.9 million square meters. The two new developments together comprise approximately 15 thousand residential units. 

Residential Developments

Yamal is situated in Al Manuma on the Gulf of Oman coast with a beachfront spanning 1,760 meters. It includes a marina, water sports, international hotels and comprehensive services. The development aims to serve as a mixed-use tourism and housing community. 

The Jood project is located in Sultan Haitham City and is designed to serve as an integrated residential development. The project is built around a new concept for a sustainable smart community. It features diverse residential units, expansive green spaces, and commercial and service facilities. Residents will have access to a social and sports club, as well as educational, medical, and additional sports amenities. 

TMG notes that it adopts international standards across all its projects and plans to apply these standards in the Omani market. Additionally, it aims to deliver a different urban experience for more than 1.5 million people in Saudi Arabia, Oman, and Iraq between 2025 and 2030. 

Bottom Line: TMG’s Oman expansion reflects a broader regional push into large-scale housing and mixed-use development. The projects underscore growing cross-border real estate activity as Gulf markets pursue long-term urban growth strategies.