Home / news / Hisham Talaat Moustafa: GEM opening boosts economy

Hisham Talaat Moustafa: GEM opening boosts economy

Businessmen Team news 01 November 2025 08:59 PM
Share Article:
Hisham Talaat Moustafa: GEM opening boosts economy

Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group (TMG), confirmed that the opening of the Grand Egyptian Museum (GEM) marks a historic event and a milestone in modern Egyptian history.

Hisham Talaat spoke at a press conference held at GEM, attended by Prime Minister Dr. Moustafa Madbouly and private sector partners of the project. He emphasized the vital role of Egypt’s tourism sector in protecting the economy from inflation.

Hisham Talaat added that unprecedented economic figures will be achieved thanks to the museum. He noted a significant rise in hotel occupancy rates in tourist cities and confirmed that room rates have quadrupled.