Egyptian billionaire Hisham Talaat Moustafa plans $5 billion Oman projects
Hisham Talaat Moustafa’s TMG launches $5 billion Oman projects with 15,000 residential units, hotels, and coastal amenities.
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Hisham Talaat Moustafa’s TMG launches $5 billion Oman projects with 15,000 residential units, hotels, and coastal amenities.
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Hisham Talaat Moustafa’s fortune has rebounded past $1 billion as TMGshares surge, signaling renewed investor confidence in Egypt’s real estate market.
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Hisham Talaat Moustafa's stake in TMG rebounds above $1 billion after a 10% share rally, adding $95 million in 22 days.
TMG posts $4.3 billion in H1 2025 sales, driven by high demand for Egypt’s coastal projects and expansion into Oman, Iraq.
Hisham Talaat Moustafa battles a London civil suit linked to a 2008 murder while driving record real estate sales across the Gulf.
TMG stock slumps 7%, wiping $78 million from Hisham Talaat Moustafa’s holdings amid Egypt’s cooling real estate sector.
The project, located near Sharm El-Sheikh, reflects the group's growing focus on high-end tourism and residential investments.
Hisham Talaat Moustafa’s TMG stake rebounds above $1 billion amid strong EGX rally and plans for $4.7 billion Oman expansion.
Cumulative real estate sales have now surpassed EGP1 trillion ($19.76 billion), cementing TMG’s place as Egypt’s most successful property developer.
TMG, controlled by Hisham Talaat Moustafa, eyes $17 billion from Iraq project as it pushes regional growth, betting on smart cities and recurring income beyond Egypt and Saudi Arabia.