Egypt's second-biggest property developer Palm Hills Developments (PHD) has promoted chief investment officer Tarek Abdel Rahman to the position of co-chief executive officer with immediate effect, it said on Monday.
Egypt's Palm Hills, the country's second-biggest listed developer, said on Tuesday it had narrowed its first-quarter net loss as operating costs declined.
The luxury real estate developer posted a net loss of 16.3 million Egyptian pounds (
Egypt's second-biggest listed property developer, Palm Hills, reported on Monday it made a net loss of 331.3 million Egyptian pounds($55 million) last year, compared with a profit of 526 million pounds in 2010, as sales revenue plunged 67.6 pe
Egyptian real estate group Palm Hills, the country's second-biggest listed developer, dropped to a third-quarter net loss on Thursday, hit by weaker revenue.
The firm, battered by land probes and cancellations after the uprising that toppl
Egypt's Palm Hills Development, the country's second-biggest listed developer, said Orascom Construction had won the development contract for a 554 million Egyptian pounds ($93 million) Palm Hills project.
Palm Hills chief executive Mohame
Egyptian real estate firm Palm Hills Developments , the country's second-biggest developer slipped to a 2011 first-half net loss of EGP81.4 million ($13.6 million), the stock exchange said on Sunday.
The firm, hard hit by an uprising that
The Egyptian Housing Ministry plans to withdraw an unused 210 feddan (217.9 acre) plot of land from Egypt's second-biggest listed developer Palm Hills, a newspaper reported on Wednesday.
Palm Hills, whose shares have slumped 61 percent thi
An Egyptian court on Tuesday cleared the chairman of real estate developer Palm Hills and the former housing minister Ahmed el-Maghrabi of corruption charges in a state land sale.
Palm Hills, Egypt's second-biggest listed developer,
An Egyptian citizen who tried to overturn state land sales to Palm Hills and Saudi's Kingdom Holding has withdrawn the claims, saying there was little point continuing while the government is doing little to fight graft.
Palm Hills, Egypt's second-biggest listed developer, swung a first-quarter net loss of 36.2 million Egyptian pounds ($1.6 million), the stock exchange said on Tuesday.
Palm Hills, being hit by the political turmoil that