The phenomenal growth followed the surge in new sales in both residential and commercial segments, largely supported by strong demand for Palm Hills New Cairo, Badya, and the recently launched Palm Hills Alamein.
Latest in Tag: PHD Highlight
Latest in Tag: PHD
At the same time, it has applied to cancel the admission to trading of its GDRs on the main London Stock Exchange (LSE) market, which was to have taken effect on 22 December 2020.
The company will cover all expenses related to the patients’ stay, including medical teams and supporting staff, alongside those of the hotel’s employees and maintenance workers.
Palm Hills Developments sales grow 20% YoY to record EGP 14.9bn in FY2019
The Loan is segregated into Tranches A and B, with maturity of five and four years respectively, complemented by a grace period of five months.
Securitisation, discounting transactions of gross receivables portfolio of EGP 1bn during Q4 of 2019
Palm Hills Developments (PHD) and Sarwa Capital (Sarwa) announce the closing of the latest issue of securitisation bond for PHD, backed by the receivables portfolio’s net present value which stood at EGP 609m, after applying a discount rate of 16.04% on the gross receivables portfolio of EGP 760m, calculated based on the average coupon of …
Video by Asmaa Gamal Editing by Omar Korashi
Protesters demand employment in Ministry of Higher Education
Revenue of the project is estimated to range between EGP 700m and EGP 800m
PHD posted a 9% rise in first-quarter net profit to EGP 49.7m ($7m) versus a year earlier.
By Mohammed Ali Ibrahim Once upon a time I wrote in Algoumhoria newspaper that we don’t need another Mahathir Mohammad here to score an economic miracle like that of Malaysia. Rather we need the Malaysian people who achieved that leap into the future. The occasion of the aforementioned article was the visit of the Malaysian prime minister …