Egyptian billionaire shatters records as TMG hits $10 billion in 2024 sales
Egypt’s TMG Holding posts record $10 billion sales in 2024, a 253% surge, driven by expansion into Saudi Arabia and major North Coast projects.
Hisham Talaat Moustafa
Egyptian billionaire Hisham Talaat Moustafa unveils $27 billion plan to rebuild Gaza
His plan focuses on housing, infrastructure, and international cooperation to address the crisis.
Egyptian billionaire Hisham Talaat Moustafa’s TMG stake dips below $1 billion
Even with this decline, Moustafa remains one of Egypt’s wealthiest individuals, backed by his significant holdings in TMG.
Egyptian billionaire’s group allocates $4.9 million for Ain Shams Medical City healthcare upgrades
This funding supported the launch of a fully upgraded Children’s Emergency Department and a modern Blood Transfusion and Chemotherapy Center.
Hisham Talaat Moustafa’s TMG stake increases by $321 million, surpasses $1 billion
Hisham Talaat Moustafa’s stake, amounting to 890,566,601 shares, has gained EGP29.46 billion ($321.54 million) in market value since the beginning of the year.
Hisham Talaat Moustafa seeks tourism reforms, targets 30 million annual visitors for Egypt
Moustafa outlined a vision to attract 30 million annual visitors to Egypt, leveraging the country’s rich cultural heritage and untapped potential.
TMG reports $9.4 billion in sales, fueled by booming demand for luxury real estate
TMG Holding's SouthMED and Benan projects fuel $9.4 billion in sales, showcasing the strong demand for luxury coastal living in Egypt and Saudi Arabia.
Hisham Talaat Moustafa’s stake in TMG Holding declines by $105.5 million
This decline follows a previous gain of $89.6 million recorded between Sept. 16 and 29, when Moustafa’s stake rose from $1.25 billion to $1.33 billion.
Egyptian billionaire Hisham Talaat Moustafa’s TMG stake rebounds above $1.3 billion
This recovery follows a brief decline of EGP6.03 billion ($124.2 million) between July 9 and Aug. 1
