Palm Hills

Talaat Moustafa Group, Egypt's most powerful real estate company

Tue, 09 Feb 2021 - 10:53 GMT

The infographic results were based on 3 main indicators, which are the volume of the land and assets portfolio, revenues, and the contractual sales .

Palm Hills Group wins bt100 award for best urban concept

Tue, 03 Mar 2020 - 08:04 GMT

Palm Hills Development’s Badya project has won the best urban concept and design award at bt100 Awards.

Mazeej Hotel is the first architectural feature of its kind in the North Coast

Wed, 07 Aug 2019 - 12:51 GMT

Yaseen Mansour: Mazeej Hotel is the start of Palm Hills Developments’ expansion into the hospitality industry and follows the national initiative set by the Ministry of Tourism.

Palm Hills Developments wins 'Exceptionally Innovative Project' award for Badya

Tue, 05 Mar 2019 - 01:19 GMT

“This award underscores Palm Hills Developments’ success in pioneering the concept of innovation in the real estate market," CEO said.

First phase of Palm Hills’ offering oversubscribed by 80.7%

Mon, 19 Nov 2018 - 11:19 GMT

The company clarified in a filing to the Egyptian Exchange (EGX) that the subscription reached LE 1.24 billion, excluding issuance expenses of LE 18.6 million.

Palm Hills profit up 19% in 2017, Pharos reiterates recommendation

Mon, 26 Feb 2018 - 01:07 GMT

Palm Hills Development Company’s (PHDC) announced that it achieved a 19.25 percent increase of its profits in 2017.

Emirati company acquires 5.7% stake in Palm Hills

Wed, 10 Jan 2018 - 10:45 GMT

Gross profit of the company in Q3 increased by 2.7% year-on-year to reach LE 530.5 million.

Palm Hills’ net profit slumps 50% in Q3

Thu, 02 Nov 2017 - 02:54 GMT

The second largest real estate developer in Egypt said it was hardly hit by increases in financial costs.

Pharos upgrades Palm Hills FV, with overweight recommendation

Fri, 11 Aug 2017 - 06:00 GMT

Sales surged 156 percent year-on-year to LE 2.5 billion, leveled down 18.0 percent quarter-on-quarter.

Palm Hills achieves $ 25.9 million in sales

Wed, 07 Jun 2017 - 07:11 GMT

Palm Hills Development achieve sales from commercial projects amounting 470 million EGP.

Overview: Real estate firms boom, reversing forecasts

Fri, 02 Jun 2017 - 10:00 GMT

In contrast to expectations of a weak real estate market following the flotation of Egyptian pound in November.

Palm Hills net profits double in Q1

Wed, 10 May 2017 - 07:30 GMT

Palm Hills Developments (PHDC) posted 212.3 million EGP ($11.72 million) in net profit during the first quarter (Q1) of 2017.