Table of Contents
Key Points
- Hisham Talaat Moustafa’s stake in TMG climbs above $1 billion after shares surge 8.72% in less than two weeks.
- TMG shares climbed 8.72%, lifting the company’s market cap above $2.4 billion on the Egyptian Exchange.
- Year-to-date, TMG shares gained 0.8%, delivering modest returns despite a challenging market environment in 2025.
Egyptian real estate billionaire Hisham Talaat Moustafa, chairman of Talaat Moustafa Group (TMG), has once again seen his fortune climb past the $1-billion mark after a sharp rally in the company’s stock on the Egyptian Exchange (EGX).
Holding a 43.5 percent stake in Egypt’s largest real estate developer, Moustafa gained EGP3.49 billion ($72.04 million) in just 12 days. His shares are now worth EGP50.27 billion ($1.04 billion), reinforcing his position among the country’s richest investors and reflecting renewed confidence in Egypt’s property sector.
TMG shares gain 8.72 percent, market cap tops $2.4 billion
Founded by Hisham Talaat Moustafa in 1974, TMG Holding has grown into one of Egypt’s top real estate developers, best known for projects like Madinaty, Al Rehab City, and several luxury hotels. It remains a heavyweight on the Egyptian Exchange, drawing interest from local and international investors who see opportunity in the country’s expanding urban landscape.
That confidence has been reflected in recent trading. Over the past 12 days, TMG’s share price climbed 8.72 percent, rising from EGP52.53 ($1.084) on July 30 to EGP56.45 ($1.165). The gain lifted the company’s market value to more than $2.4 billion and rewarded shareholders with solid returns. Moustafa also benefited, with the value of his stake increasing from EGP46.78 billion ($965.44 million) to EGP50.27 billion ($1.04 billion) in under two weeks.
Your money and your life
Year to date, TMG shares have risen 0.80 percent. An investor who put $100,000 into the stock at the start of 2025 would now have about $100,800 — a modest but welcome gain in what has been a tough market. With ongoing expansion, high-profile projects, and renewed interest from buyers, Hisham Talaat Moustafa’s billion-dollar real estate business appears set to keep building on its recent gains in Egypt’s property market.
