In a new achievement reflecting Egypt’s leadership in the real estate development sector, prominent Egyptian businessman Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding (TMG), has been named among Forbes Middle East’s “Top 5 Most Influential Real Estate Leaders of 2025.” This recognition comes as a result of exceptional performance and groundbreaking projects that have reshaped the real estate landscape in Egypt and the region.

A Global Ranking that Embodies Leadership

Hisham Talaat Moustafa advanced to 4th place in Forbes Middle East’s 2025 ranking, moving up three spots from the previous year—making him the only Egyptian in the top 10.

He was preceded in the ranking by:

• Hussain Sajwani, Founder and Chairman of DAMAC Properties – UAE (1st place)
• Mohamed Alabbar, Founder and Board Member of Emaar Properties – UAE (2nd place)
• Talal Al Dhiyebi, CEO of Aldar Properties – UAE (3rd place)

He was followed by:

• Khalid Al Malik, CEO of Dubai Holding Real Estate – UAE (5th place)

This ranking reflects the prestigious status Talaat Moustafa Group has attained under Hisham Talaat’s leadership, solidifying its strong presence not only in Egypt but across the region.

Strong Economic Performance in 2024

The year 2024 marked a record-breaking financial performance for Talaat Moustafa Group:

• Achieved contractual sales of EGP 504 billion, the highest in the history of the sector.
• Profits grew by more than 236%, reaching EGP 9.06 billion in the first nine months alone.
• The group’s sales exceeded the combined total of the nine next-largest real estate companies in Egypt.

Performance of Key Competitors:

• Palm Hills Developments: ~EGP 110 billion in sales by August 2024, with growth in the North Coast and West Cairo.
• Ora Developers: EGP 29.8 billion in Q1 2024 sales (+99% YoY).
• Mountain View: EGP 27.88 billion in Q1 2024 sales (+520% YoY).
• City Edge Developments: EGP 18.4 billion in Q1 2024 sales (+300% YoY).
• La Vista Developments: EGP 15.3 billion in Q1 2024, up from EGP 0.5 billion in Q1 2023 (+3000%).
• Madinet Nasr for Housing & Development: EGP 14.8 billion in Q1 2024 (+640% YoY).
• New Giza Developments: EGP 13 billion in Q1 2024 (+333% YoY).
• Hyde Park Developments: EGP 12.1 billion in Q1 2024 (+348% YoY).
• Tatweer Misr: EGP 11 billion in Q1 2024 (+200% YoY).

It’s worth noting that TMG’s sales in 2024 matched the combined sales of Egypt’s top nine real estate companies.

Strategic Projects Locally and Regionally

Hisham Talaat’s rise in the 2025 Forbes rankings is a direct result of the group’s major accomplishments in 2024, including the execution of landmark real estate projects both within Egypt and across the region.

• South Med – North Coast: One of the most successful new developments, with over 12,000 units sold in a short period. It recorded 20% in overseas sales, the highest in the Egyptian market.
• Banan – Riyadh: The group’s first project in Saudi Arabia, marking a strong regional expansion and a strategic step in exporting Egypt’s real estate model to the Gulf markets.

Hospitality Sector Boom

2024 also witnessed significant growth in TMG’s hospitality operations:

• TMG acquired a 51% stake in “Legacy Hotels and Tourism Projects” via its hospitality arm “ICON.” The name “Legacy” remains in use as a standalone company, born from a partnership between the Sovereign Fund of Egypt and the Holding Company for Tourism and Hotels (HOTAC).

Legacy’s notable properties include:

• Marriott Mena House – Cairo: A historic luxury hotel near the Pyramids of Giza.
• Sofitel Legend Old Cataract – Aswan: Renowned for its historical design and Nile views.
• Sofitel Winter Palace – Luxor: A 19th-century gem near the famous temples of Luxor.

TMG plans to invest approximately $150 million to renovate and develop these iconic hotels while preserving their heritage, aiming to solidify their position in Egypt’s luxury hospitality market.

• Hospitality room capacity increased to around 5,000 rooms.
• Hospitality revenue grew by 225%, reaching $255 million.

Investing in Technology and Community Impact

TMG has embraced modern digital strategies, including the integration of artificial intelligence in collaboration with companies like Huawei, enhancing operational efficiency.

On a social level, TMG projects currently house more than 1.2 million residents, with expectations to reach 2 million in the coming years as projects like Nour and South Med are delivered.

Consult’s Role in Supporting Real Estate Excellence

Amid this booming real estate environment and growing international recognition of Egypt’s property market, Consult offers specialized advisory services tailored to the needs of developers and investors:

• Real Estate Investment Services – Comprehensive guidance for secure investment decisions.
• Sales & Leasing Services – Efficient management of property sales and leasing operations.
• Property Management – Integrated solutions for asset and property administration.
• Real Estate Development Consulting – Strategic planning to enhance property value.

With deep market insight and trend analysis, Consult empowers clients to make informed decisions that maximize success and competitive edge.

What Talaat Moustafa Group has achieved under Hisham Talaat’s leadership is not just a temporary success but a living example of how vision and strategy can create lasting impact—and that’s where smart consultancy plays a vital role in sustaining such growth.

For those aiming for real estate excellence, Consult is the ideal partner to confidently move toward the future.