The development project builds on TMG’s successful track record in Africa and the Middle East.
"Hisham Talaat Moustafa"
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The recent upswing follows a decline of EGP5.29 billion ($109.87 million) in his stake in TMG Holdings between April 15 and April …
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Despite these setbacks, Moustafa remains a prominent investor on the EGX and a leading figure among North Africa’s wealthiest individuals.
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Moustafa holds a controlling stake of 43.16 percent in the group, representing 890,633,483 ordinary shares.
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Despite the setback and financial challenges, Moustafa remains a prominent figure in the Egyptian business landscape.
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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.
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Hisham Talaat Moustafa is not only one of the wealthiest investors on the Egyptian Exchange but also one of the wealthiest people …
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Egyptian tycoon Hisham Talaat Moustafa’s TMG secures stake in newly established Legacy Hospitality
The recent acquisition aligns with TMG’s strategy to maximize recurring income activities, enhance foreign currency resources, and create spare liquidity for future …
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Over four decades, Moustafa has propelled TMG into a $6.4-billion global real estate powerhouse, leaving an indelible mark on Egypt’s landscape.
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According to data tracked by Billionaires.Africa, Moustafa’s stake in the Cairo-based real estate holding company has risen by EGP 6.1 billion ($197.43 …