TMG Holding partners with Huawei to launch Egypt's first AI cloud services
Building on their existing relationship in smart cities and sustainable solutions, TMG and Huawei plan to reshape Egypt’s urban landscape.
Building on their existing relationship in smart cities and sustainable solutions, TMG and Huawei plan to reshape Egypt’s urban landscape.
The company’s financial health remains robust, maintaining a net cash position of EGP23.9 billion ($501 million).
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.
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.
Over four decades, Moustafa has propelled TMG into a $6.4-billion global real estate powerhouse, leaving an indelible mark on Egypt’s landscape.
Hisham Talaat Moustafa is one of the wealthiest people in the entire North African region, thanks to his 43.16 percent stake in TMG Holdings
With a 43.16-percent stake in TMG, Hisham Talaat Moustafa ranks among the richest investors on the Egyptian Exchange.
Hisham Talaat Moustafa stressed TMG’s eagerness to share its expertise in creating integrated urban projects with Saudi Arabia.
Earlier this year, Moustafa led TMG Holding to ink a major partnership with British real estate services provider Savills.
With a 43.16-percent ownership stake in TMG Holding, Moustafa is widely recognized as one of the wealthiest investors on the Egyptian Exchange.
Moustafa, who owns a 43.16-percent stake in TMG Holding, is recognized as one of the richest investors on the Egyptian Exchange.
With a 43.16-percent stake in TMG Holding, Moustafa is one of the richest investors on the Egyptian Exchange.
With a 43.16-percent stake in TMG, Moustafa ranks among the richest investors on the Egyptian Exchange.