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AAIB takes 12.25% stake in Palm Hills Developments, appearing to buy out the Emirates’ Union Properties
M&A WATCH- AAIB takes 12.25% stake in Palm Hills Developments, appearing to buy out the Emirates’ Union Properties. Arab African…
The coronavirus is fuelling a stock buyback boom in Egypt
The coronavirus is fuelling a stock buyback boom in Egypt: Since March, EGX-listed companies have been buying back their own…
Palm Hills seeks EGP 400 mn following debt restructuring to develop The Crown
Palm Hills Developments is reportedly in talks with seven banks to restructure its EGP 1.24 bn debt and borrow an…
PHD appoints Tarek Tantawi as a board member, Mohamed El Saadawi new MIH chairman
MOVES- Palm Hills Developments has appointed CI Capital Holding’s group co-CEO and managing director Tarek Tantawy (LinkedIn) as a board…
Earnings Watch: Palm Hills, Pioneers Holding, Sidpec, Suez Cement
EARNINGS WATCH- Palm Hills Developments (PHD) saw its net profits fall by 42% to EGP 81 mn in 1Q2020 from…
Palm Hills, CI Capital’s Taaleem ink MoU to set up health sciences university in Badya compound
PHD, CI Capital’s Taaleem ink MoU to set up life sciences university in Badya compound: Palm Hills Development (PHD) has…
Palm Hills signs EGP 365 mn loan with BM, AAIB to finance Hacienda Bay
Real estate developer Palm Hills Developments has signed a EGP 365 mn loan agreement with Banque Misr and the Arab…
PHD signs EGP 3.5 bn agreement with Al Shorouk for Ain Sokhna development
Palm Hills Developments (PHD) has signed a EGP 3.5 bn agreement with Al Shorouk for Touristic Developments to build a…
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