Moustafa ranked 35th in the Real Estate and Hospitality sector, making him the only Egyptian in this sector on the list. He was featured among a cohort of leading business figures from banking, industry, real estate, construction, and energy sectors.
Moustafa also topped the sub-list of the most influential
figures in the Real Estate and Hospitality sector, a nod to his pivotal role in
developing strategic projects that have brought about a paradigm shift in
Egypt's urban development and tourism landscape. Under his leadership, the
sector has seen the execution of pioneering projects that blend contemporary
design, high quality, and environmental sustainability, solidifying his status
as a key investor and influential figure shaping the real estate and
hospitality sectors across the Arab world.
The selection reflects Moustafa's long-standing career,
spanning over 40 years, at the helm of Talaat Moustafa Group (TMG) Holding. TMG
has developed a vast portfolio of residential and hotel projects across 115
million square metres of developed land in Egypt, Saudi Arabia, and Oman, with
an additional 14 million square metres planned for development in Iraq.
In the first half of 2025, Hisham Moustafa successfully
increased the Group's assets to $8 billion, with the Group reporting revenues
of $507 million. Furthermore, in May, TMG signed an agreement with the Ministry
of Housing and Urban Planning in Oman to develop two real estate projects near
Sultan Haitham City, underscoring the Group's expansion into new markets.
Projects such as Banan in Saudi Arabia and SouthMED on Egypt's North Coast contributed to a nearly threefold increase in the Group's real estate sales in 2024, reaching $10 billion after the sale of approximately 30,000 units. This dramatic surge underscores Mustafa's robust strategy for expanding the group's portfolio and enhancing its returns.