This turnaround comes after a period of decline between late May and early June, when his stake slumped by EGP5.33 billion ($113.1 …
Hisham Talaat Moustafa
-
-
The company’s financial health remains robust, maintaining a net cash position of EGP23.9 billion ($501 million).
- Hot NewsLatest NewsNorth Africa
Egyptian billionaire Hisham Talaat Moustafa’s TMG stake falls below $1.1 billion
This follows a $59.19 million gain between May 15 and 23, when the market value of his shares climbed from EGP51.4 billion …
-
This significant upswing not only solidifies Moustafa’s status as one of the most influential investors on the EGX, but also elevates him …
- Hot News
Egyptian billionaire Hisham Talaat Moustafa’s group breaks ground on $8.4-billion project in Saudi Arabia
The development project builds on TMG’s successful track record in Africa and the Middle East.
-
The recent upswing follows a decline of EGP5.29 billion ($109.87 million) in his stake in TMG Holdings between April 15 and 22.
-
Despite these setbacks, Moustafa remains a prominent investor on the EGX and a leading figure among North Africa’s wealthiest individuals.
-
Despite the setback and financial challenges, Moustafa remains a prominent figure in the Egyptian business landscape.
-
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.
-
Hisham Talaat Moustafa is not only one of the wealthiest investors on the Egyptian Exchange but also one of the wealthiest people …