Egypt’s Talaat Moustafa Group Crowned Top Real Estate Developer by Forbes Middle East
CAIRO – Talaat Moustafa Group (TMG) Holding has been recognized as Egypt’s leading listed real estate developer for 2026, according to a new ranking released by Forbes Middle East. The accolade reflects a period of substantial growth for the company, driven by increased market valuation and strategic expansion throughout the Middle East.
The ranking, part of Forbes’ broader list of the top 50 companies in Egypt by market value, considered TMG’s financial performance, growth in market capitalization, and its expansion into both domestic and international markets. TMG reported contractual sales of $8 billion during 2025, alongside a 43% increase in net profit, reaching $381 million.
Forbes Middle East assessed companies based on their market value as of January 31, 2026, utilizing exchange rates from that same date. The combined market value of the top 50 Egyptian companies totaled $55.8 billion, representing approximately 83% of the Egyptian Exchange’s (EGX) overall market capitalization of $67.3 billion.
The EGX experienced a significant 40% surge in total market value by the end of January 2026, compared to the same period the previous year. While the banking and financial services sector comprised roughly 30% of the top 50 firms, TMG distinguished itself as the leading real estate developer on the list.
TMG’s extensive project portfolio spans Egypt, with regional ventures in Saudi Arabia, Oman, and Iraq. Notably, in May 2025, the company secured an agreement to develop two sustainable mixed-use projects in Oman, encompassing 4.9 million square meters.
Forbes Middle East highlighted that TMG’s selection underscores its strong position within the Egyptian real estate sector and demonstrates investor confidence in the group’s capacity to deliver consistent returns and innovative developments. The magazine emphasized that TMG’s performance contributed to achieving record market value within the 2026 rankings.
Hesham Talaat Moustafa, who has been with TMG Holding for over 40 years, leads the company. TMG Holding currently boasts a total land bank of 115 million square meters across Egypt, Saudi Arabia, and Oman, with plans to add another 14 million square meters in Iraq. The Group’s total assets reached $8 billion, with revenues of $507 million reported in the first half of 2025.
