TMG Holding develops large-scale integrated communities and tourism investment projects. The group has over 74 million square meters spread across Egypt. It developed Madinaty project, Noor City, Celia, and Al Rehab City, among others. The group owns 1,041 hotel rooms across four properties in Cairo, Sharm El Sheikh, and Alexandria, managed by Four Seasons and Kempinski. The group is currently expanding its portfolio, with an additional 940 rooms in three new hotel properties under construction in Madinaty, Luxor, and Marsa Alam. In July 2023, TMG Holding, through its hospitality arm ICON, submitted an offer to acquire a major stake with management rights in a portfolio of seven hotels in Cairo, Alexandria, Luxor, and Aswan in a deal valued at $700 million.