hisham talaat moustafa

Biography of Hisham Talaat Moustafa

Name: Hisham Talaat Moustafa
Date of Birth: September 24, 1959
Nationality: Egyptian
Occupation: Businessman, Founder & Chairman of Talaat Moustafa Group (TMG Holding)
Residence: Egypt

Educational Background

Hisham Talaat Moustafa graduated from Faculty of Commerce, Ain Shams University in 1981, where he earned a strong foundation in business management and project development. His academic background laid the groundwork for his entrepreneurial journey, enabling him to spearhead projects that shaped the Egyptian real estate and tourism sectors.

Professional Career

Hisham's career began in the banking sector in 1980, where he worked at Banque du Caire. However, his entrepreneurial ambitions led him to found Talaat Moustafa Group (TMG) in 1982, marking the start of a journey that would transform Egypt's urban landscape. Over the years, TMG has grown to become one of Egypt’s largest and most influential real estate developers.

Under his leadership, the company has diversified its portfolio, handling luxury residential projects, tourism development, and commercial ventures, which include landmark developments that have redefined urban living in Egypt.

Major Projects by Talaat Moustafa Group

1. Madinaty:

   • One of the largest and most iconic residential projects in Cairo, Madinaty spans over 33 million square meters and includes diverse housing options along with integrated facilities, commercial zones, and recreational spaces.
   • The project is home to over 150,000 residents and remains one of the key achievements in Egypt's modern urban development.

2. Al Rehab City:

   • A leading residential community designed to offer an upscale living environment. It is one of Egypt's first projects to bring modern, suburban-style housing to the capital’s outskirts.

3. Taj City:

   • A modern mixed-use development blending residential, commercial, and recreational areas, strategically located near Cairo’s Cairo International Airport.

4. SouthMED Project:

   • A $20.9 billion investment located on Egypt’s North Coast, SouthMED is set to be a tourism and residential haven. The project’s sales reached $4.2 billion and includes luxury hotels, residential units, and leisure facilities.

International Investments

Hisham Talaat Moustafa has expanded the Group’s reach beyond Egypt. His investments span multiple countries, with a focus on real estate and tourism. These international ventures reflect his ambition to position Talaat Moustafa Group as a global player, shaping cities and luxury developments on an international scale.

Net Worth

Hisham Talaat Moustafa is ranked among Egypt’s wealthiest individuals, with an estimated net worth of $1.4 billion. His wealth is primarily derived from the success of Talaat Moustafa Group, which continues to dominate the real estate market in Egypt and beyond.

Awards and Recognition

Hisham has received numerous awards and accolades throughout his career. He is widely regarded as a leader in the Egyptian real estate sector and has been recognized for his contributions to urban development, economic growth, and societal improvement through various projects. His achievements have solidified his place as a prominent businessman in the region.

Public Appearances and Media Presence

Hisham Talaat Moustafa frequently appears in media outlets, both locally and internationally. He has participated in several business forums, economic summits, and real estate conferences, where he shares his insights into investment strategies and the future of the Egyptian real estate sector.

He is known for his active presence in TV interviews and business panels, offering valuable perspectives on the role of real estate in Egypt's economic future.

Personal Life

Hisham Talaat Moustafa is married with children. He is a private individual, and although he does not often share details about his personal life, it is known that he values the balance between his professional and personal life. His family continues to play a central role in his business ventures.

Summary

Hisham Talaat Moustafa is a visionary businessman whose contributions have redefined Egypt’s urban and real estate landscape. Through Talaat Moustafa Group, he has transformed residential, commercial, and tourism developments, making him a central figure in the Egyptian economy. With his continued expansion into international markets and his innovative approach to urban development, Hisham remains a key leader in the real estate and business communities.

Frequently Asked Questions

1. What is Hisham Talaat Moustafa’s net worth?
   Hisham Talaat Moustafa’s net worth is estimated to be around $1.4 billion.

2. Is Hisham Talaat Moustafa an engineer?
   No, Hisham Talaat Moustafa holds a Bachelor’s degree in Commerce from Ain Shams University.

3. Who owns Talaat Moustafa Group?
   Hisham Talaat Moustafa is the founder and current Chairman of the Group.

4. Who is Hisham Talaat Moustafa’s son?
   His son, Omar Hisham Talaat Moustafa, is involved in several aspects of the family business.

5. Who is Hisham Talaat Moustafa’s wife?
   Details about Hisham Talaat Moustafa's wife remain private.

6. Where is Hisham Talaat Moustafa from?
   He hails from Alexandria, Egypt.