Palm Hills
Egypt’s Palm Hills posts 2015 Q4 profit of $26 million
Business
February 7, 2016
Egypt’s Palm Hills posts 2015 Q4 profit of $26 million
Palm Hills, Egypt's second-largest listed property developer, reported on Sunday a 128 percent rise in fourth-quarter net profits to LE203.5…
Profits quadruple at Egyptian property group Palm Hills in Q2
Business
August 13, 2015
Profits quadruple at Egyptian property group Palm Hills in Q2
Palm Hills, Egypt's second-biggest listed property developer, reported on Thursday a four-fold increase in second-quarter net profits on the back…
Court rejects appeal against former minister’s acquittal in Akhbar Al-Youm land sale case
Egypt
June 14, 2015
Court rejects appeal against former minister’s acquittal in Akhbar Al-Youm land sale case
The Court of Cassation has rejected the appeal filed by the prosecution against the acquittal of former Housing Minister Ahmed…
Egyptian developer Palm Hills posts Q1 profit of LE215 million
Business
April 28, 2015
Egyptian developer Palm Hills posts Q1 profit of LE215 million
Palm Hills reported a first-quarter net profit after minority interests of LE215 million ($28.2 million), up from 50 million in…
Egypt’s Palm Hills plans $230 mln share issue to raise capital
Business
January 7, 2015
Egypt’s Palm Hills plans $230 mln share issue to raise capital
Palm Hills, Egypt's second-largest listed real estate developer, plans to issue new shares worth 1.65 billion Egyptian pounds ($230.49 million)…
Attorney general cancels decision to confiscate money of Palm Hills chairman
Egypt
April 26, 2012
Attorney general cancels decision to confiscate money of Palm Hills chairman
Attorney General Abdel Meguid Mahmoud has decided to cancel a verdict freezing and confiscating the money of the former board…
Egypt’s Palm Hills slips into H1 net loss
Business
August 21, 2011
Egypt’s Palm Hills slips into H1 net loss
Egyptian real estate firm Palm Hills Developments , the country's second-biggest developer, slipped to a 2011 second-quarter net loss, hit…
Egyptian to drop Palm Hills, Kingdom cases
Business
June 27, 2011
Egyptian to drop Palm Hills, Kingdom cases
An Egyptian citizen who tried to overturn state land sales to Palm Hills and Saudi firm Kingdom Holding has decided…
Egypt to uphold verdict that Palm Hills illegal
Business
May 9, 2011
Egypt to uphold verdict that Palm Hills illegal
Egypt's government will uphold a court ruling to scrap a sale of state land to developer Palm Hills but will…
Alaa Mubarak owns over LE49 million worth of shares in Palm Hills
Egypt
March 23, 2011
Alaa Mubarak owns over LE49 million worth of shares in Palm Hills
Alaa Mubarak, son of deposed Egyptian President Hosni Mubarak owns LE49,535,000 worth of shares in Palm Hills Urban Development Company,…