
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.
The company’s growth is attributed to the continued success of its real estate ventures and the booming hospitality sector.
The payout comes as the company reaffirms its commitment to its shareholders amid economic pressures.
Billionaire Sawiris-led consortium to develop Essaouira Mogador with new hotels, resorts, and residential complexes.
The Khamis family, one of Egypt’s wealthiest, holds a majority stake in Oriental Weavers, a leading carpet manufacturer with a global presence.
Palm Hills, which already owns 60.3 percent of Macor Hotels, will raise its ownership to 69.8 percent by acquiring a 9.5-percent stake.