THE MIDDLE EAST’S

45. Hisham Talaat Moustafa

Company: Talaat Moustafa Group Holding (TMG Holding)
Designation: CEO and Managing Director
Nationality: Egyptian
Sector: Hotels and Resorts

Moustafa has been with TMG Holding for more than 40 years. The company owns the Four Seasons Sharm El Sheikh Resort, the Four Seasons Nile Plaza Cairo, the Four Seasons San Stefano Grand Plaza Alexandria, and the Kempinski Nile Hotel Cairo, which together have over 1,000 units. In 2022, the group’s hospitality revenues jumped 102%, with an occupancy rate of 60%. The group is also among the biggest real estate developers in the region. In June 2022, the group laid the cornerstone of a 200-room, 40,000-square-meter Four Seasons hotel project in Luxor, Egypt. Moustafa started his career in 1980 at his family business, the Alexandria Construction Company.