{"id":625140,"date":"2018-09-27T04:19:15","date_gmt":"2018-09-27T04:19:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/palm-hills-to-invest-egp-1-539-bn-from-capital-increase-in-four-new-projects\/"},"modified":"2018-09-27T04:19:15","modified_gmt":"2018-09-27T04:19:15","slug":"palm-hills-to-invest-egp-1-539-bn-from-capital-increase-in-four-new-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/palm-hills-to-invest-egp-1-539-bn-from-capital-increase-in-four-new-projects\/","title":{"rendered":"Palm Hills to invest EGP 1.539 bn from capital increase in four new projects"},"content":{"rendered":"

Palm Hills Development (PHD) is looking to invest EGP 1.539 bn from its latest capital increase in four real estate projects, according to an EGX disclosure<\/a>. The investments will include infrastructure works at its megaproject Badya<\/a> in West Cairo, adding a commercial zone to its Palm Hills New Cairo, and developing two new mixed-use projects in West Cairo. The company\u2019s EGM had approved earlier this month<\/a> a decision to increase issued capital by EGP 1.5 bn. The capital increase is pending approval from the Financial Regulatory Authority.<\/p>\n","protected":false},"excerpt":{"rendered":"

Palm Hills Development (PHD) is looking to invest EGP 1.539 bn from its latest capital increase in four real estate projects, according to an EGX disclosure. The investments will include infrastructure works at its megaproject Badya in West Cairo, adding a commercial zone to its Palm Hills New Cairo, and developing two new mixed-use projects […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625140","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"021df0a1-71b2-4070-88a4-26dd45b680cc","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Palm Hills to invest EGP 1.539 bn from capital increase in four new projects","related_issue":[625107],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.17c3bf43-7151-460d-ac89-d9b992ba0c7e.mp3"},"yoast_head":"\nPalm Hills to invest EGP 1.539 bn from capital increase in four new projects - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/27\/palm-hills-to-invest-egp-1-539-bn-from-capital-increase-in-four-new-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palm Hills to invest EGP 1.539 bn from capital increase in four new projects\" \/>\n<meta property=\"og:description\" content=\"Palm Hills Development (PHD) is looking to invest EGP 1.539 bn from its latest capital increase in four real estate projects, according to an EGX disclosure. 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The projects, one in each of the company\u2019s developments\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591885,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/palm-hills-signs-egp-1-1-bn-medium-term-loan-agreement-with-cib-to-refinance-debt\/","url_meta":{"origin":625140,"position":4},"title":"Palm Hills signs EGP 1.1 bn medium-term loan agreement with CIB to refinance debt","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"DEBT WATCH- Palm Hills Developments (PHD) has signed a EGP 1.1 bn medium-term loan agreement with CIB to refinance some of its existing debt, according to a statement. 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