Talaat Moustafa Group

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

The group contains 23 companies and employs more than 10,000 people. It has a construction branch which is managed and looked after by his Moustafa's eldest son, Tarek Talaat Moustafa, who is a member of the Egyptian Parliament. Another part of The Talaat Moustafa Group is an agriculture branch which is managed and looked after by his second eldest son, Hani Talaat Moustafa. The last, but certainly not least, major branch in TMG is the real estate branch which is managed and looked after by his youngest son and member of the Egyptian senate, Hisham Talaat Moustafa. TMG owns the biggest resort in Egypt, El-Rehab, a resort at Sharm el-Sheikh, and other major resorts. It has built the San Stefano Grand Plaza in Alexandria. TMG has opened three Four Seasons Hotels in Egypt and is working on a major resort in Marsa Alam. Recently, in July 2006, The Talaat Moustafa Group started on the Madinaty project which occupies 8,000 feddans. Madinaty will be the biggest all inclusive city in the Middle East.

In September 2008 Hisham Talaat Moustafa was arrested for murder and his brother Tarek took over his duties for the time being. [cite web|url=http://www.arabianbusiness.com/529752-property-tycoon-charged-over-tamim-killing|title=Egyptian businessman Hesham Talaat Moustafa charged over murder of Suzan Tamim|date=2008-09-02|publisher=ArabianBusiness.com|accessdate=2008-09-03]

References

External links

* [http://www.talaatmoustafa.com/ Talaar Moustafa Group web site]