TMG reports $9.4 billion in sales, fueled by booming demand for luxury real estate
TMG Holding's SouthMED and Benan projects fuel $9.4 billion in sales, showcasing the strong demand for luxury coastal living in Egypt and Saudi Arabia.
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Hisham Talaat Moustafa leads TMG to $3.2 billion in 2025 sales year-to-date
Cumulative real estate sales have now surpassed EGP1 trillion ($19.76 billion), cementing TMG’s place as Egypt’s most successful property developer.
Egyptian businessman Hisham Talaat Moustafa gains $54 million as TMG stock rises
The recovery follows a sharp decline between Jan. 1 and Feb. 7, when the market value of his stake dropped by EGP 2.84 billion ($56.48 million).
Egyptian billionaire Hisham Talaat Moustafa leads TMG to record $843.3 million revenue in 2024
The company’s growth is attributed to the continued success of its real estate ventures and the booming hospitality sector.
Egyptian billionaire Hisham Talaat Moustafa’s TMG stake dips below $1 billion
Even with this decline, Moustafa remains one of Egypt’s wealthiest individuals, backed by his significant holdings in TMG.
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