CAIRO: An Egyptian court on Monday ordered a second retrial of property tycoon and ex-politician Hesham Talaat Moustafa, who is serving a 15-year sentence for his role in the murder of a Lebanese singer. The former member of parliament and former chairman of property firm Talaat Moustafa Group was found guilty in 2009 of paying …
CAIRO: An Egyptian court on Tuesday postponed a hearing over a case involving a land sale to the country’s biggest listed developer that has rattled the property sector, sparking uproar among home-owners in the courtroom. Talaat Moustafa Group’s (TMG) $3 billion Madinaty project, which makes up the bulk of its land holdings, has been caught …
By Edmund Blair /Reuters CAIRO: A judicial panel has recommended that a court reject a legal challenge that sought to scrap the sale of state land to real estate developer Talaat Moustafa Group (TMG), a judge said on Tuesday. The state judicial council, which suggests a legal response but whose recommendations are not binding, said the …
CAIRO: Egypt’s government plans to amend legislation to resolve a legal challenge to the auction of public land for Talaat Moustafa Group’s flagship Madinaty real estate project, the government said on Tuesday. "The cabinet agreed to make an amendment to the public auctions law to solve the problem over the Madinaty project," cabinet spokesman Magdy …
CAIRO: An Egyptian real estate tycoon convicted of hiring a hit man to kill a Lebanese pop singer has appealed the verdict. Hisham Talaat Moustafa was initially sentenced to death in the slaying of the singer, who was his ex-girlfriend. His sentence was commuted to 15 years in prison in September after a retrial. Egypt’s …
