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.
Hisham Talaat Moustafa’s TMG shares hit $1.04 billion in value as the company’s stock climbs 8.72%, pushing market cap above $2.4 billion.
Moustafa, who played a key role in the firm’s transformation, controls a 43.16-percent stake in the conglomerate.
Moustafa is implementing the project through his TMG Holding in partnership with the Egyptian government.