Billionaire Hisham Talaat Moustafa says real estate prices in Egypt are unlikely to fall soon
Billionaires Africa | 02.02.2026 16:43
Hisham Talaat Moustafa, the CEO and managing director of Talaat Moustafa Group Holding, said residential prices are tied to the real cost of land and construction, not to short term hype or oversized profit taking. That math, he argued, makes declines unlikely while contractors and developers face higher inputs and rising execution costs.
