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Egyptian billionaire Hisham Talaat Moustafa’s TMG stake rebounds above $1 billion

Summary by Billionaires.Africa
Key PointsHisham Talaat Moustafa’s stake in TMG rose $145 million in 49 days, pushing his wealth above $1 billion amid a strong EGX share rally.TMG plans $4.7 billion expansion in Oman, leveraging record $3.2 billion sales this year to grow beyond Egypt’s real estate market.Despite recent gains, TMG shares remain down 1.8% year-to-date, reflecting cautious investor sentiment amid profit-taking and regional market shifts.Egyptian billionaire busi…
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Billionaires.Africa broke the news in on Thursday, May 29, 2025.
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