Talaat Moustafa Group

Talaat Mostafa Group Holding Co S.A.E.
(مجموعة طلعت مصطفى القابضة (ش.م.م
Talaat Moustafa Group
Native name
 مجموعة طلعت مصطفى القابضة
Société Anonyme Égyptienne
Traded as EGX: TMGH
EGX 30 Component
ISIN EGS691S1C011
Industry Agriculture, Construction, Manufacturing, Real Estate
Founded 1974
Founder Talaat Moustafa
Headquarters Cairo, Egypt
Area served
 Egypt
Key people
Products
Revenue Increase E£13 billion (2017)
Increase E£2.096 billion (2017)
Increase E£1.38 billion (2017)
Total assets Increase E£73.1 billion (2017)
Total equity Increase E£29.15 billion (2017)
Owner Talaat Moustafa's Family
Number of employees
 100,000+ (2015)
Website talaatmoustafa.com

The Talaat Moustafa Group (TMG), one of the largest conglomerates in Egypt, was founded by the late Talaat Moustafa and is headed by his son, Hisham Talaat Moustafa.

The Talaat Moustafa family, which includes the daughter of Talaat Moustafa, Sahar Talaat Mostafa,[1] owns 51% of the group's total stock; the rest is owned by Egyptian and Arab investors. Comprising 23 companies, the group is estimated to be worth 26.7 billion Egyptian pounds at the current market capitalization and employs more than 12,000 people along with 60,000 additional workers at its various project sites. In November 2007, the company's shares were made public. The construction branch is managed by Moustafa's eldest son, Tarek Talaat Moustafa, who is also the former head of the Egyptian Lower Parliament's housing committee. The agricultural branch is managed by his second eldest son, Hani Talaat Moustafa. The real estate branch is managed by his youngest son and former member of the Egyptian Shura Council, Hisham Talaat Moustafa.

References

  1. ↑ El-Din, Gamal Essam (April 23, 2016). "Pro-Sisi bloc sweeps elections of Egypt parliament's 25 committees". Ahram Online. Retrieved 30 October 2016.


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