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 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 ...

PHD Inks EGP 505 mn Facility to Refinance Existing Debt

Palm Hills Developments (PHD) announced signing a loan agreement of EGP 505 mn with Ahli United Bank Egypt (AUB)

PHD Closes EGP 1.1 bn Loan Facility to Settle Debt

Egypt's property developer Palm Hills Developments (PHD) signed on December 18 a deal with the Commercial International Bank Egypt (CIB) to secure EGP 1.1 bn medium-term loan facility.

Palm Hills Alexandria Phase II Kicks off

Palm Hills Alexandria’s Phase II has been launched during an exclusive event on December 3, following the success of the first phase, which was released in late 2018.

Sarwa Capital Concludes EGP 776 mn PHD Securitization

Palm Hills Developments (PHD) and Sarwa Capital announced the closing of the latest and fourth securitization bond backed by a receivables portfolio worth of EGP 776 mn

PHD Implements EGP 300 mn Hotels on North Coast

Palm Hills Developments (PHD) has invested nearly EGP 300 mn in the Egyptian hospitality industry to implement two niche boutique hotels within Hacienda White and Hacienda Bay, its flagship projects on the North C ...

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