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
Hisham Talaat Moustafa
Egyptian billionaire Hisham Talaat Moustafa’s TMG reports $1.3 billion in Q1 sales
The company’s financial health remains robust, maintaining a net cash position of EGP23.9 billion ($501 million).
Egyptian billionaire Hisham Talaat Moustafa’s TMG stake falls below $1.1 billion
This follows a $59.19 million gain between May 15 and 23, when the market value of his shares climbed from EGP51.4 billion ($1.1 billion) to EGP54.1 billion ($1.16 billion).
Egyptian tycoon Hisham Talaat Moustafa gains $59 million from TMG shares
This significant upswing not only solidifies Moustafa’s status as one of the most influential investors on the EGX, but also elevates him to the ranks of Africa’s billionaires.
Egyptian billionaire Hisham Talaat Moustafa’s group breaks ground on $8.4-billion project in Saudi Arabia
The development project builds on TMG’s successful track record in Africa and the Middle East.
Egyptian tycoon Hisham Talaat Moustafa makes nearly $200 million from TMG shares
The recent upswing follows a decline of EGP5.29 billion ($109.87 million) in his stake in TMG Holdings between April 15 and 22.
Egyptian tycoon Hisham Talaat Moustafa’s TMG share loses $109 million in value
Despite these setbacks, Moustafa remains a prominent investor on the EGX and a leading figure among North Africa’s wealthiest individuals.
Egyptian billionaire Hisham Talaat Moustafa faces $727-million loss due to devaluation
Despite the setback and financial challenges, Moustafa remains a prominent figure in the Egyptian business landscape.
Egyptian billionaire Hisham Talaat Moustafa’s TMG records $107-million profit in 2023
Shareholders can anticipate dividends distributed in two installments of EGP0.109 ($0.00356) each, with pay-out dates scheduled for May 31 and July 31.