Key Factors
- Hisham Talaat Moustafa’s stake in TMG climbs above $1 billion after shares surge 8.72% in lower than two weeks.
- TMG shares climbed 8.72%, lifting the corporate’s market cap above $2.4 billion on the Egyptian Trade.
- Yr-to-date, TMG shares gained 0.8%, delivering modest returns regardless of a difficult market atmosphere in 2025.
Egyptian actual property billionaire Hisham Talaat Moustafa, chairman of Talaat Moustafa Group (TMG), has as soon as once more seen his fortune climb previous the $1-billion mark after a pointy rally within the firm’s inventory on the Egyptian Exchange (EGX).
Holding a 43.5 p.c stake in Egypt’s largest actual property developer, Moustafa gained EGP3.49 billion ($72.04 million) in simply 12 days. His shares are actually price EGP50.27 billion ($1.04 billion), reinforcing his place among the many nation’s richest traders and reflecting renewed confidence in Egypt’s property sector.
TMG shares achieve 8.72 p.c, market cap tops $2.4 billion
Based by Hisham Talaat Moustafa in 1974, TMG Holding has grown into one in every of Egypt’s prime actual property builders, greatest identified for initiatives like Madinaty, Al Rehab Metropolis, and several other luxurious inns. It stays a heavyweight on the Egyptian Trade, drawing curiosity from native and worldwide traders who see alternative within the nation’s increasing city panorama.
That confidence has been mirrored in latest buying and selling. Over the previous 12 days, TMG’s share value climbed 8.72 p.c, rising from EGP52.53 ($1.084) on July 30 to EGP56.45 ($1.165). The achieve lifted the corporate’s market worth to greater than $2.4 billion and rewarded shareholders with strong returns. Moustafa additionally benefited, with the worth of his stake growing from EGP46.78 billion ($965.44 million) to EGP50.27 billion ($1.04 billion) in beneath two weeks.
Your cash and your life
Yr up to now, TMG shares have risen 0.80 p.c. An investor who put $100,000 into the inventory at the beginning of 2025 would now have about $100,800 — a modest however welcome achieve in what has been a tricky market. With ongoing enlargement, high-profile initiatives, and renewed curiosity from patrons, Hisham Talaat Moustafa’s billion-dollar actual property enterprise seems set to maintain constructing on its latest good points in Egypt’s property market.
