US EditionHisham Talaat Moustafa’s TMG stake tops $1 billion
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Hisham Talaat Moustafa’s TMG stake tops $1 billion
Key PointsMoustafa’s stake in TMG rebounds above $1 billion after adding $95 million in 22 days, driven by a 10.3% rise in share price.TMG shares gain 2.4% year-to-date despite wider market concerns, pushing market cap beyond $2.3 billion.Strong demand and sector confidence fuel recovery, helping TMG outperform and reinforcing Moustafa’s status among Egypt’s richest.Egyptian billionaire Hisham Talaat Moustafa, chairman of the Talaat Moustafa Gro…
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