Hisham Talaat Moustafa

Hisham Talaat Moustafa, head of the Real Estate Branch of the Talaat Moustafa Group, and the company's chairman, is an Egyptian billionaire businessman and senator. Moustafa, born in the Egyptian city of Alexandria in 1959, graduated from the University of Alexandria's College of Commerce with an accounting degree. The youngest son of construction magnate Talaat Moustafa, he is married and has three children. [TMG Executive Profile: Hisham Talaat Moustafa. URL:http://tmg.star-ware.com/ExecutiveProfile/HishamTalaatMostafa/tabid/69/Default.aspx , Retrieved Sept. 2, 2008]

On Sept. 2, 2008, Moustafa was charged in Cairo with arranging the murder of his mistress, the Lebanese singer Suzanne Tamim. [El Madany, Sherine, "Hisham Talaat Moustafa referred to criminal court, TMG shares plunge 15.97 percent", Daily News Egypt, Sept. 2, 2008. URL: http://www.dailystaregypt.com/article.aspx?ArticleID=16195, Retrieved Sept. 2, 2008] Shares in Talaat Moustafa, one of Egypt's biggest real estate developers, fell 16 percent to 5.21 pounds ($0.97) on the day of his arrest as reports of the indictment reached the stock market. [cite web|url=http://www.arabianbusiness.com/529752-property-tycoon-charged-over-tamim-killing|title=Property tycoon charged over Tamim killing|date=2008-09-02|publisher=ArabianBusiness.com|accessdate=2008-09-03] The stock had declined during the summer as rumors of Moustafa's involvement in the murder swirled through Egypt.

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