PHD’s sales jump to EGP 10.7bn in 1H 2022
EGP 1.7bn spent on construction
Latest in Tag: PHD Highlight
Latest in Tag: PHD
PHD achieves revenues of EGP 2bn in Q1 2021
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.
PHD Intents to Cancel Listing and Terminate GDR Programmes
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.
PHD places hotel with 71 COVID-19 cases under Ministry of Health
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.
PHD eyes EGP 1.2bn securitisation issuance in 2020
Palm Hills Developments sales grow 20% YoY to record EGP 14.9bn in FY2019
PHD, CIB sign EGP1.1bn medium-term loan to refinance some existing debt
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.
PHD achieve positive cash flows from operations of EGP 0.5bn
Securitisation, discounting transactions of gross receivables portfolio of EGP 1bn during Q4 of 2019
PHD, Sarwa Capital announce closing of EGP 760m securitisation bonds
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
In Video: PhD and Masters holders 45th rally
Video by Asmaa Gamal Editing by Omar Korashi
Security forces disperse protest by PhD, masters holders
Protesters demand employment in Ministry of Higher Education
PHD and REACAP develop integrated residential, commercial project
Revenue of the project is estimated to range between EGP 700m and EGP 800m
Egypt’s Palm Hills real estate developer appoints new co-CEO
PHD posted a 9% rise in first-quarter net profit to EGP 49.7m ($7m) versus a year earlier.
When the bankrupt are pushed to pay
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 …