THE MIDDLE EAST’S

12. Hisham Talaat Moustafa

Company: Talaat Moustafa Group Holding (TMG Holding)
Designation: CEO & Managing Director
Nationality: Egyptian
Residence: Egypt
Category: Hotels & Resorts

Moustafa has been with TMG Holding for over 40 years. The company manages over 5,000 keys across 11 existing hotels and five under development. It has a total land bank of 125.9 million square meters in Egypt and Saudi Arabia, Oman, and Iraq. In Q1 2025, its sales backlog amounted to $6.9 billion, and its hospitality arm saw revenues increase 50% to $69 million, making up around 37% of the company’s $186 million revenues. In May 2025, TMG Holding signed an agreement with Oman’s Ministry of Housing and Urban Planning to develop two real estate projects near Sultan Haitham City.