Egyptian billionaire Hisham Talaat Moustafa's TMG signs $202 billion government deal
Hisham Talaat Moustafa's TMG will develop four mixed-use projects worth EGP 11 trillion with the Egyptian state, sending its shares up about 7% in Cairo.
Egypt Real Estate
Egypt's Talaat Moustafa Group signs MOU with Saudi Arabia's $925 billion sovereign wealth fund
Egypt's Talaat Moustafa Group has signed a landmark MoU with Saudi Arabia's $925 billion PIF to develop mixed-use real estate projects across the Kingdom.
Egypt jailed him for nine years. He came out and built an $8 billion real estate empire.
Hisham Talaat Moustafa served nine years in prison, walked out in 2017 and built Egypt's largest listed real estate developer into an $8 billion annual sales machine.
Billionaire Yasseen Mansour's Palm Hills posts 29.55 percent profit jump to EGP 4.22 billion in 2025
Yasseen Mansour's Palm Hills Development posted a 29.55 percent rise in consolidated net profit to EGP 4.22 billion for full-year 2025.
Billionaire Hisham Talaat Moustafa takes TMG's expansion plans to Egypt's prime minister as the group eyes a major new East Cairo project
Hisham Talaat Moustafa met Egypt's prime minister to discuss TMG's expansion plans, including a major new mixed-use project in East Cairo.
Hisham Talaat Moustafa's TMG ranked Egypt's top listed real estate developer by Forbes
Talaat Moustafa Group has been ranked Egypt's top listed real estate developer for 2026 by Forbes Middle East, capping a record year.
Naguib Sawiris says Egypt's developers are shrinking home sizes as inflation squeezes buyers out of the market
Ora Developer chairman Naguib Sawiris says Egypt's real estate sector is shrinking unit sizes as inflation crushes buyer purchasing power nationwide.