Palm Hills Developments Records EGP 10.7 bn in Sales in H1

Palm Hills Developments achieved new sales of EGP 10.7 bn in H1 2022, a 38% growth compared to EGP 7.7 bn in H1 2021, Invest-Gate reports.

PHD, Taaleem Sign Deal with JBI for Badya University Implementation

Palm Hills Developments (PHD) and Taaleem Management Services have contracted with Julius Berger International (JBI) to take over management and supervision of the Badya International University project implementa ...

PHD Acquires WE to Provide Telecom Services in Badya

Palm Hills Development (PHD) acquires Telecom Egypt (WE) to provide integrated telecommunication services to Badya, the first fourth-generation city in west Cairo

Palm Hills Partners with Inspired Education Group

Palm Hills Developments announce a partnership with Inspired Education Group (Inspired) to launch the first King’s School in the The Crown project in West Cairo, Invest-Gate reports.

PHD Closes its Largest Securitization Transaction

Palm Hills Developments (PHD) has announced closing its fifth and largest securitization bond, in a transaction backed by a receivables portfolio of EGP 1.5 bn, and handled by the Arab African International Bank ( ...

PHD Agrees on JV for University Campus in Badya

Palm Hills Developments (PHD) and Taaleem Management Services, a subsidiary of CI Capital Holding for Financial Investments, have signed a deal to establish an educational company for developing a university campu ...

PHD, NBE Partner for EGP 1 bn Facility Deal

Palm Hills Developments (PHD) has inked an EGP 1 bn facility agreement with the National Bank of Egypt (NBE), while still aiming to meet the EGP 1.5 bn net debt target by year-end.

PHD Inks MoU to Build University in West Cairo’s Badya

Palm Hills Developments (PHD) and Taaleem Management Services, a subsidiary of CI Capital Holding for Financial Investments, have signed a Memorandum of Understanding (MoU) to build a higher education campus in Ba ...

PHD Secures EGP 365 mn Loan for Hacienda Bay

Palm Hills Developments (PHD) has inked an EGP 365 mn medium-term loan agreement with Arab African International Bank (AAIB) and Banque Misr to fund work at the former's North Coast project, or Hacienda Bay.

Palm Hills Signs EGP 3.5 bn Deal for New Project in Ain Sokhna

Palm Hills Developments (PHD) and Al Shorouk for Touristic Developments have signed a co-development agreement for a mixed-use community in Ain Sokhna, Red Sea, under a revenue-sharing scheme, with investments val ...

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