Moustafa has been with TMG Holding for more than 40 years. In the first nine months of 2023, TMG recorded $6.4 billion in total assets and $596 million in revenues. In September 2023, TMG Holding signed an agreement with the Saudi National Housing Company to develop a smart residential city in Riyadh, with an investment cost of $10.7 billion. The group owns 1,084 upscale hotel rooms across four properties in Cairo, Sharm El Sheikh, and Alexandria, managed by Four Seasons and Kempinski. It is currently expanding its portfolio with an additional 877 rooms under construction.