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Talaat Moustafa Group

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Modern cityscape of Egypt’s ‘The Spine’ development with skyscrapers and water features.

Egypt’s $27 Billion Desert Dream: Talaat Moustafa Unveils ‘The Spine’ – A New City for a New Era

Hisham Talaat Moustafa stood before a bank of cameras on April 18 and declared he was building “the spinal cord of a modern economy.” His company, Talaat Moustafa Group, one of Egypt’s largest real-estate developers, has unveiled plans for a $27 billion (1.4 trillion Egyptian pounds) mixed-use city east of the capital. Dubbed “The Spine,” […]

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