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Talaat Moustafa Group has taken the top spot among listed real estate developers in Egypt on Forbes Middle East's ranking of the 50 most valuable companies in the country for 2026, a recognition that comes after one of the group's strongest financial years on record.
The Forbes list, which ranked companies based on market capitalization as of Jan. 31, 2026, placed TMG Holding ahead of every other real estate firm on the Egyptian Exchange. The group recorded contractual sales of $8 billion during 2025, while net profit climbed 43% to $381 million. That kind of performance tends to get noticed.
Led by CEO and Managing Director Hisham Talaat Moustafa, TMG has spent more than five decades building some of Egypt's most recognizable integrated communities. Madinaty, Al Rehab, Noor City and the North Coast's SouthMed project are among the developments that have cemented the group's position as the country's dominant property developer by land bank and sales volume.
The broader picture on the Egyptian Exchange adds context to TMG's achievement. The total market value of the top 50 companies reached $55.8 billion, representing roughly 83% of the EGX's total capitalization of $67.3 billion. The exchange itself saw a 40% surge in total market value by the end of January 2026 compared to the same period the year before, with banking and financial services accounting for about 30% of the top 50 firms. TMG sat at the head of every real estate name on the list.
The group's regional expansion has kept pace with its domestic growth. TMG now operates across Saudi Arabia, Oman and Iraq. In May 2025, it signed an agreement with Oman's Ministry of Housing and Urban Planning to develop two sustainable mixed-use projects near Sultan Haitham City, covering 4.9 million square meters. Projects in Saudi Arabia, including the Banan development in Riyadh, have added significant scale to what was once a primarily Egypt-focused operation.
Forbes Middle East said the ranking reflects investor confidence in the group's ability to deliver sustainable returns and noted that TMG's performance pushed its market value to record levels within the 2026 rankings. It is not TMG's first appearance at the top of the Forbes Egypt list, but the numbers behind this edition make the case more convincingly than most.
