Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
What’s up in the real estate market?
Real estate developers are recording record sales figures in 2023 — fewer units are being sold, but they’re going for…
PHD to expand Palm Hills October after acquiring new land plot. PLUS: More Chinese investment?
The real estate developer expects to draw EGP 85 bn in sales proceeds from the plot over a 5-7-year period
Saudi wealth fund wants minority stake in Palm Hills
The Public Investment Fund is reportedly in talks with the Arab African International Bank to acquire its 13% stake in…
THIS EVENING: Saudi’s PIF is reportedly eyeing AAIB’s minority stake in Palm Hills + Oil Ministry awards four oil and gas exploration blocks
Good afternoon, ladies and gentlemen, and happy almost-THURSDAY-equivalent. We appear to be looking at a reasonably brisk news day as…
Palm Hills Developments’ income up 9% in 2Q, revenues flat
The company reported record new sales during the quarter after it hiked prices by up to 70%
Palm Hills closes EGP 472.5 mn securitized bond issuance
PHD closes second securitization transaction of 2023: Our friends at real estate developer Palm Hills Developments (PHD) has closed a…
THIS EVENING: EFG closes PHD’s securitized bond issuance
Good afternoon dear readers, and happy new Islamic New Year (and the long weekend it has brought forth). We need…
Palm Hills’ revenues up 22% in 1Q 2023
Net income was down 14% on higher financing costs
Something went wrong. Please refresh the page and/or try again.