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

TMG owns the largest urban development project 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. In July 2006, The Talaat Moustafa Group started on the Madinaty project, which occupies 8,000 feddans and is expected to be the largest all inclusive city in the Middle East when it is completed in 2010.

The group contains 23 companies and employs more than 10,000 people. The construction branch is managed by Moustafa's eldest son, Tarek Talaat Moustafa, who is also the head of the Egyptian Lower Parliament's housing committee. The agricultural branch is managed by his second eldest son, Hani Talaat Moustafa. The real estate branch was managed by his youngest son and former member of the Egyptian Shura Council, Hisham Talaat Moustafa. Tarek took over Hisham's duties after he was arrested in September 2008 for the murder of Lebanese singer Suzanne Tamim. On May 21, 2009, Hisham was sentenced to death for the murder