Artificial Intelligence
Builders Company
Developers/Palm Hills Developments
PH
Palm Hills DevelopmentsCairo, Egypt · founded 2005 · 1 active markets
PUBLIC LISTED

Palm Hills Developments builds integrated residential, commercial, resort, hospitality, and mixed-use communities in Egyptian urban and coastal markets, serving households and investors across income segments. Its model combines off-plan sales, masterplanning, commercial development, hospitality operations, and government co-development with partners.

Years in business
21
founded 2005
LinkedIn headcount
1,858
employees, as shown on LinkedIn · size band 1,001–5,000
Total projects
50
across the company’s whole history
Units delivered
20 K
as the company states it
Projects last researched October 12, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Palm Hills Developments S.A.E.1
Headquarters
Smart Village, A4 - B83 KM28, Cairo - Alexandria Desert Road Abou Rawash1, Cairo1, Egypt
Founded
20051
Entity type
PUBLIC LISTED1
Business model
offplan for sale1, commercial1, mixed use1, masterplan1, other1
Markets
2 markets listed
What they build
Residential, for sale (4 of 6) · Hotel (2 of 6)
Full dossier in About →

Delivery record

0 date-assessed of 6 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-16 through 2026-10-16, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
6
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Resident experience

5 of 6 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.3/ 10
Weighted judgment across build and operations · from 5 of 5 rated buildings
Little structure evidence (0 of 5 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 5 rated buildings
Management & living
7.7/ 10
Upkeep, response times, amenities, community · from 5 of 5 rated buildings

Against other developers

5 rated here · 12 developers, 37 rated buildings in Egypt
Overall rating
Palm Hills Developments · 12 other developers in Egypt
8.3 vs 8.5
this developer 0.2 worse
The weighted verdict on each side. From 5 of 5 rated buildings here and 37 in the market.
Structure & systems
Palm Hills Developments · 12 other developers in Egypt
— vs —
Too few buildings with this score here to compare (0 of 5)
Fabric and engineering only — fixed at handover. From 0 of 5 rated buildings here and 5 in the market.
Management & living
Palm Hills Developments · 12 other developers in Egypt
7.7 vs 8.2
this developer 0.5 worse
Upkeep and response — belongs to whoever runs the building now. From 5 of 5 rated buildings here and 36 in the market.
The market here is Egypt: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

  • PROJECT AWARD Winner 20 February 2025 (ceremony); reported 26 February 2025
    Best Residential Project of 2024 — International Property Awards · iCity New Cairo — Lagoon Beach Park experience
    Palm Hills reports receiving the regional Best Residential Project of 2024 award for the Lagoon Beach Park experience at iCity New Cairo at the London ceremony held on February 20, 2025.
  • PROJECT AWARD Winner 20 February 2025 (ceremony); reported 26 February 2025
    Best Residential Property of 2024 — International Property Awards · ALIVA — Greenhouse design
    Palm Hills reports receiving the regional Best Residential Property of 2024 award for the Greenhouse design at ALIVA, Mostaqbal City, at the London ceremony held on February 20, 2025.
  • RECOGNITION Winner Reported 6 March 2025
    North Africa Deal of the Year — Global Banking and Markets’ Africa Awards 2025 · Badya
    Palm Hills’ EGP 10.3 billion long-term syndicated financing facility for Badya was selected as North Africa Deal of the Year.
  • 4 more in Awards
All awards →

Risks & source coverage

  • LEGAL Reported March 16, 2026; judgment date not stated On March 16, 2026, Andersen Egypt reported that a court ordered Palm Hills Middle East to pay EGP 10 million to a North Coast buyer after finding that the developer failed to deliver the contracted unit on time and sold the same unit to another purchaser; the company argued that the buyer had failed to pay instalments, but the court rejected that defense and treated withholding payment as justified while delivery remained outstanding.
  • LEGAL Reported September 29, 2021; adjourned to October 27, 2021 On September 29, 2021, a Cairo Economic Court adjourned a buyer’s EGP 25 million compensation lawsuit against Palm Hills concerning a Hacienda Bay chalet; the buyer alleged that, after a dispute over maintenance-deposit differences, the company treated her 2015 contract as void. The report records an adjournment, not a final finding or resolution.
  • REGULATORY April 26, 2011 On April 26, 2011, an Egyptian court ruled that the state-land sale to Palm Hills Development for approximately 960,000 square metres in Cairo’s eastern expansion was illegal and annulled the contract because the land was allegedly priced too cheaply and was not publicly auctioned; subsequent reporting stated that Palm Hills intended to appeal, so the retrieved sources do not establish the final appellate outcome.
  • 1 more in Risk & Sources
Record status
active
Company sources
105 source entries across 81 fields
Projects tracked
6 · 6 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 6 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-16 through 2026-10-16, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
6
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

6 of 6 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
New Cairo, Egypt
6th of October, Egypt
North Coast, Egypt
20142015201620172018201920202021202220232024202520262027todayNEW CAIRO, EGYPT+25.5 moestimated6TH OF OCTOBER, EGYPT+11.5 moestimated+11.5 moestimated+2.5 moestimatedNORTH COAST, EGYPTcompleted, no target publishedcompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 2 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

5 of 6 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.3/ 10
Weighted judgment across build and operations · from 5 of 5 rated buildings
Little structure evidence (0 of 5 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 5 rated buildings
Management & living
7.7/ 10
Upkeep, response times, amenities, community · from 5 of 5 rated buildings

Against other developers

5 rated here · 12 developers, 37 rated buildings in Egypt
Overall rating
Palm Hills Developments · 12 other developers in Egypt
8.3 vs 8.5
this developer 0.2 worse
The weighted verdict on each side. From 5 of 5 rated buildings here and 37 in the market.
Structure & systems
Palm Hills Developments · 12 other developers in Egypt
— vs —
Too few buildings with this score here to compare (0 of 5)
Fabric and engineering only — fixed at handover. From 0 of 5 rated buildings here and 5 in the market.
Management & living
Palm Hills Developments · 12 other developers in Egypt
7.7 vs 8.2
this developer 0.5 worse
Upkeep and response — belongs to whoever runs the building now. From 5 of 5 rated buildings here and 36 in the market.
The market here is Egypt: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

5 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Golf ExtensionWest Cairo, 6th of October963 units
8.7/ 10
—/ 10
8.7/ 10

The Google Reviews/Maps aggregate for Gate 1 - Palm Hills Golf Extension is 4.7/5 from 115 reviews, which sets the level and converts to approximately 8.9/10 under the requested curve. The score is adjusted modestly downward for the management-contact complaint; no published structural or systems evidence was found, so structure remains unscored.

+ Pleasant residential setting+ Friendly residents and people
− Slow management response− Landscaping could be better

no notes returned

no links returned

The published place listing is strongly positive at 4.7/5 from 115 reviews, with comments such as “Very good place and people are friendly” and “Wonderful residence area!” One reviewer reported that help was “very very slow or never done” and that management had created a barrier to contact; another said the landscaping “can be better.”

Mazeej HotelHacienda White, North Coast
8.6/ 10
—/ 10
6.1/ 10
Tripadvisor 5/5, 3.7/5, 1/5, 4.3/5 · 20 reviews · tripadvisor.com
Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.1.

Google's 4.7/5 from 70 reviews is the largest published review base and sets the level; on the stated market curve it converts to about 9.1/10. Tripadvisor is materially lower and the written evidence includes one serious electricity-related cancellation plus service complaints, while repeated praise for staff, cleanliness and atmosphere offsets part of that downward movement; the resulting evidence-based resident-experience score is 8.6/10.

+ Friendly, helpful staff+ Cleanliness and tidy rooms+ Strong design and atmosphere+ Scenic lagoon/beach views+ Quiet adult-only setting
− One reported electricity-related cancellation− Slow restaurant service− Forgotten drink orders− Lagoon dress-policy complaint

no notes returned

no links returned

Guest reviews commonly praise the staff as “very friendly, helpful and polite,” describe the hotel as “very clean throughout,” and highlight the design, views and calm atmosphere. Negative operational feedback includes one guest saying the hotel cancelled a reservation after a reported electricity problem, while another said service was slow and that staff forgot a drink order several times.

Palm ValleyWest Cairo, 6th of October237 units
8.5/ 10
—/ 10
8.5/ 10

The Google Reviews/Maps aggregate of 4.5/5 from 186 reviews is the only published building-specific rating located and therefore sets the anchor at 8.5/10 under the specified conversion curve. The displayed written reviews support a predominantly positive resident experience, while the repeated price complaint does not move the score under the scoring rules. No building-specific engineering or systems rating was found, so structure is null.

+ Quiet neighbourhood+ Well-maintained green areas+ Good services+ Closed residential compound
− High prices− Some services not inside the compound− Title-transfer uncertainty reported in 2026 coverage

no notes returned

no links returned

The review material describes Palm Valley as “a beautiful residential closed green compound” with “nice and well maintained green areas,” and another reviewer calls it “so quite and comfortable.” A review also notes “good services” but “no shops inside,” while 2026 reporting says legal notices created uncertainty over transferring ownership for buyers and residents; that report is a publication-date/current-status issue, not a resident rating.

Le Sidi Boutique Hotel & RestaurantHacienda Bay, North Coast
7.9/ 10
—/ 10
7.8/ 10
Booking.com 9.2/10, 8.9/10, 9.4/10, 9.3/10, 8.2/10, 9.1/10, 10/10 · 133 reviews · booking.com
Combined from 7 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.8.

Google’s 4.3/5 from 181 reviews is the largest directly observed review base and converts to 7.9/10 under the stated curve. Booking.com and Tripadvisor are also positive, while the written comments mainly support staff, cleanliness, views and food; no reliable structural condition evidence was published in the material read.

+ Helpful staff+ Friendly service+ Clean rooms+ Quiet lagoon views+ Good food
− Slow restaurant service

no notes returned

no links returned

Guests repeatedly praise the service: one review calls the staff “very very helpful and friendly,” while another says check-in was seamless and staff were “friendly, welcoming and attentive.” The newest August 2026 review says the hotel was exceptionally clean and that a Wi‑Fi/TV issue was resolved “immediately”; an older review qualifies the praise by saying restaurant service was “a tad slow” and prices were high.

WoodvilleWest Cairo, 6th of October
7.6/ 10
—/ 10
7.2/ 10

Google Reviews/Maps provides the largest and only identified building-specific aggregate: 4.3/5 from 127 reviews, which converts to 7.0/10 under the requested curve. The score moves modestly upward for repeated praise of greenery and quietness; structure remains unscored because the published material does not provide a building-specific systems or engineering rating.

− One review alleged bad construction
+ Green areas+ Quiet atmosphere+ Reported security+ Spacious setting
− High prices

The sampled Google material contains one structural-quality allegation: “bad designs, small areas with bad constructions.” This was a single older review rather than a repeated or severe failure, and no published building-specific engineering, plumbing, HVAC, waterproofing or electrical rating was found.

Published reviews describe “loads of green areas,” a “nice and quiet residential place,” and a “very secured, elegant and spacious place.” The same review set includes a price complaint—“Very high prices”—and an older comment that the area was “Still developing”; the latter is historical evidence, not a current status finding.

Only buildings that have reached handover are rated. 1 of 6 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Palm Hills Developments S.A.E.
Headquarters
Smart Village, A4 - B83 KM28, Cairo - Alexandria Desert Road Abou Rawash, Cairo, Egypt
Abou Rawash
Founded
2005
EG
Entity type
PUBLIC LISTED
Revenue
USD 564.04 million annual revenue
Business model
offplan for sale, commercial, mixed use, masterplan, other

Offices

head office and 3 others
CairoAlexandria6th of October

Sources: office cities

COMPANYdate not shown in source

Let’s Get In Touch

Palm Hills Developments
Zamalek ... 5th settlement ... Alexandria ... 6th of October
value seen: Zamalek; 5th settlement; Alexandria; 6th of October
value paraphrased from this source
https://www.palmhillsdevelopments.com/en-us/contactus

Partners

2 partners
Egyptian New Urban Communities Authority (NUCA)
government partner

NUCA contributes the land bank and associated external infrastructure, while Palm Hills handles financing, construction, development, internal infrastructure, marketing and sales for a revenue-sharing integrated West Cairo community.

Marriott International
operator

Marriott signed an agreement with Palm Hills to open The Ritz-Carlton Cairo, Palm Hills, as part of the West Cairo mixed-use development.

Sources: partners

COMPANY2018-09-11

Palm hills developments and nuca inks co development agreement of an integrated residential community spreading 12 6 million sqm in west cairo

Palm Hills Developments
PHD announce the signature of an agreement with the Egyptian New Urban Communities Authority ("NUCA"), with the purpose of co-developing, on a revenue sharing basis, an integrated residential community spreading over 12.6 million sqm in West Cairo.
value seen: Egyptian New Urban Communities Authority (NUCA)
https://ir.palmhillsdevelopments.com/en-us/newsevents/newsarticle/palm-hills-developments-and-nuca-inks-co-development-agreement-of-an-integrated-residential-community-spreading-12-6-million-sqm-in-west-cairo

Sources: partners

PRESS2023-12-05

Marriott International, Inc. / Press release | Marriott International and Palm Hills Developments Sign Agreement to Open the Ritz-Carlton Cairo, Palm Hills in Egypt

Marriott International, Inc.
Marriott International and Palm Hills Developments Sign Agreement to Open the Ritz-Carlton Cairo, Palm Hills in Egypt
value seen: Marriott International
https://marriott.africa-newsroom.com/press/marriott-international-and-palm-hills-developments-sign-agreement-to-open-the-ritzcarlton-cairo-palm-hills-in-egypt?lang=en

Registrations & licences

COMPANY NUMBER6801
Egyptian Commercial Register · EG
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

2 countries
Egyptactive 6 projects tracked
United Arab Emiratesannounced_only 0 projects tracked

What they build

2 types
Residential, for sale4 of 6
Hotel2 of 6
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
YM
Yasseen Mansour
Chairman and Group CEO, described by the company as a driving force behind Palm Hills’ growth and the leader who guided it from its first projects into a leading Egyptian real-estate player. His background includes Mansour Motors Group and leadership of companies he owns or presides over, alongside board and philanthropic roles.
Current title
Chairman & Group CEO
Experience
no career length stated
Companies before
Mansour Motors Group
Education
not published
Other boards
MantracUnatracAccor HotelsMcDonald’s EgyptThe National Cancer Institute
Known for
ChairmanGroup CEOMansour Motors GroupCo-founder, Lead Foundation

Sources: other boards

COMPANYdate not shown in source

Yasseen Mansour

Palm Hills Developments
He is also a Board Member in Mantrac, Unatrac, Accor Hotels ... and McDonald’s Egypt.
value seen: Mantrac; Unatrac; Accor Hotels; McDonald’s Egypt; The National Cancer Institute
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: previous companies

COMPANYdate not shown in source

Yasseen Mansour

Palm Hills Developments
from the onset of his career in 1986 at Mansour Motors Group
value seen: Mansour Motors Group
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: role type

COMPANYdate not shown in source

Yasseen Mansour

Palm Hills Developments
He serves as Chairman & Group CEO of the Board of Directors
value seen: Chairman & Group CEO
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: summary

COMPANYdate not shown in source

Yasseen Mansour

Palm Hills Developments
Yasseen Mansour has been a driving force behind the growth of Palm Hills Developments. He serves as Chairman & Group CEO of the Board of Directors and has guided the company from its first projects in 1997 into a leading real estate player in Egypt.
value seen: Chairman and Group CEO, described by the company as a driving force behind Palm Hills’ growth and the leader who guided it from its first projects into a leading Egyptian real-estate player. His background includes Mansour Motors Group and leadership of companies he owns or presides over, alongside board and philanthropic roles.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: tags

COMPANYdate not shown in source

Yasseen Mansour

Palm Hills Developments
from the onset of his career in 1986 at Mansour Motors Group
value seen: Mansour Motors Group
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Yasseen Mansour

Palm Hills Developments
Chairman & Group CEO
value seen: Chairman
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Yasseen Mansour

Palm Hills Developments
Chairman & Group CEO
value seen: Group CEO
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Yasseen Mansour

Palm Hills Developments
He is the co-founder and active member of Lead Foundation
value seen: Co-founder, Lead Foundation
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: title

COMPANYdate not shown in source

Yasseen Mansour

Palm Hills Developments
Chairman & Group CEO
value seen: Chairman & Group CEO
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
MM
Mohamed Mansour
Vice Chairman representing MMID. The company biography also identifies him as Managing Director of ManFoods McDonald’s Egypt and chairman and managing director of Infinity Capital and Infinity Developments, with board seats at Mantrac and MMID.
Current title
Vice Chairman Representative of MMID
Experience
no career length stated
Companies before
ManFoods McDonald’s Egypt
Education
Babson CollegeBachelor’s degree in Finance
Other boards
MantracMMIDInfinity Capital LtdInfinity Developments SAE
Known for
Vice ChairmanMMID representativeManFoods McDonald’s EgyptBabson finance

Sources: education

COMPANYdate not shown in source

Mohamed Mansour

Palm Hills Developments
Mr. Mansour holds a bachelor’s degree from Babson College 1997 in Finance.
value seen: Babson College; Bachelor’s degree in Finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: other boards

COMPANYdate not shown in source

Mohamed Mansour

Palm Hills Developments
In addition, he is board member of Mantrac and MMID.
value seen: Mantrac; MMID; Infinity Capital Ltd; Infinity Developments SAE
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: previous companies

COMPANYdate not shown in source

Mohamed Mansour

Palm Hills Developments
Managing Director of ManFoods McDonalds Egypt
value seen: ManFoods McDonald’s Egypt
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: summary

COMPANYdate not shown in source

Mohamed Mansour

Palm Hills Developments
Mohamed Mansour holds the position of Managing Director of ManFoods McDonalds Egypt, also he is managing his new Investment Company acting as Chairman and Managing Director of Infinity Capital Ltd & Infinity Developments SAE.
value seen: Vice Chairman representing MMID. The company biography also identifies him as Managing Director of ManFoods McDonald’s Egypt and chairman and managing director of Infinity Capital and Infinity Developments, with board seats at Mantrac and MMID.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: tags

COMPANYdate not shown in source

Mohamed Mansour

Palm Hills Developments
Vice Chairman Representative of MMID
value seen: Vice Chairman
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Mohamed Mansour

Palm Hills Developments
Managing Director of ManFoods McDonalds Egypt
value seen: ManFoods McDonald’s Egypt
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Mohamed Mansour

Palm Hills Developments
Mr. Mansour holds a bachelor’s degree from Babson College 1997 in Finance.
value seen: Babson finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Mohamed Mansour

Palm Hills Developments
Vice Chairman Representative of MMID
value seen: MMID representative
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: title

COMPANYdate not shown in source

Mohamed Mansour

Palm Hills Developments
Vice Chairman Representative of MMID
value seen: Vice Chairman Representative of MMID
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
HB
Hazem Badran
Co-CEO and Managing Director since mid-2021, responsible at group level for running the listed developer. He previously led CI Capital and spent nine years at EFG Hermes, bringing corporate-finance and investment-banking experience in MENA; he also oversees strategic investment and board work outside PHD.
Current title
CO-CEO & Managing Director
since since mid-2021
Experience
22+ years corporate finance
Companies before
CI CapitalEFG Hermes
Education
Arab Academy for Science and TechnologyBA in Business Administration
Harvard InstituteCourses in Investment Assessment, Project Finance and Risk Analysis
Other boards
Taaleem Management ServicesAmerican Chamber of Commerce in Egypt Investments Committee
Known for
CO-CEOManaging Directorex-CI Capitalex-EFG HermesBA Business Administration

Sources: education

COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
has completed courses in Investment Assessment, Project Finance and Risk Analysis at the Harvard Institute
value seen: Harvard Institute; courses in Investment Assessment, Project Finance and Risk Analysis
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
Badran holds a BA in Business Administration from the Arab Academy for Science and Technology
value seen: Arab Academy for Science and Technology; BA in Business Administration
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: other boards

COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
Badran is a Board member of Taaleem Management Services and also chairs the Investments Committee of the American Chamber of Commerce in Egypt.
value seen: Taaleem Management Services; American Chamber of Commerce in Egypt Investments Committee
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: previous companies

COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
Prior to joining Palm Hills Developments, Hazem Badran was CI Capital’s Co-CEO. Prior to that, Badran had a nine-year career at EFG Hermes
value seen: CI Capital; EFG Hermes
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: role type

COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
He has been the Co-CEO and Managing Director of Palm Hills Developments since mid-2021.
value seen: CEO
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: since

COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
since mid-2021
value seen: since mid-2021
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: summary

COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
Prior to joining Palm Hills Developments, Hazem Badran was CI Capital’s Co-CEO. Badran brings more than 22 years of experience in corporate finance and investment banking in the MENA region.
value seen: Co-CEO and Managing Director since mid-2021, responsible at group level for running the listed developer. He previously led CI Capital and spent nine years at EFG Hermes, bringing corporate-finance and investment-banking experience in MENA; he also oversees strategic investment and board work outside PHD.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: tags

COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
He has been the Co-CEO and Managing Director of Palm Hills Developments since mid-2021.
value seen: CO-CEO
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
He has been the Co-CEO and Managing Director of Palm Hills Developments since mid-2021.
value seen: Managing Director
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
Badran holds a BA in Business Administration from the Arab Academy for Science and Technology
value seen: BA Business Administration
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
Prior to that, Badran had a nine-year career at EFG Hermes
value seen: ex-EFG Hermes
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
Prior to joining Palm Hills Developments, Hazem Badran was CI Capital’s Co-CEO.
value seen: ex-CI Capital
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
Badran brings more than 22 years of experience in corporate finance and investment banking in the MENA region.
value seen: 22+ yrs corporate finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: title

COMPANYdate not shown in source

Hazem Badran

Palm Hills Developments
CO-CEO & Managing Director
value seen: CO-CEO & Managing Director
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
HD
Hassan Darwish
Non-executive board member representing MMID and Executive Vice President of El Mansour & El Maghraby Investment & Development. His broader operating background includes chairing Royal Insurance, Maccor, Neema for Tourism Investment and Novotel for Hotels, with earlier insurance and group-board experience.
Current title
Non-Executive Board Member Representative of MMID
Experience
no career length stated
Companies before
El Gabr GroupEl Ahram Company for Insurance
Education
Alexandria UniversityBA in Commerce
Other boards
Royal Insurance Co.MaccorNeema for Tourism Investment Co.Novotel for Hotels Co.Egyptian Insurance Institute
Known for
MMID representativeExecutive Vice President, MMIDChairman & CEO, Royal InsuranceInsurance founder

Sources: education

COMPANYdate not shown in source

Hassan Darwish

Palm Hills Developments
Mr. Darwish received a BA degree in Commerce from Alexandria University.
value seen: Alexandria University; BA in Commerce
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: other boards

COMPANYdate not shown in source

Hassan Darwish

Palm Hills Developments
He also currently holds the position of Chairman of Maccor, Neema for Tourism Investment Co. and Novotel for Hotels Co. He is a Board Member of Palm Hills Developments & The Egyptian Insurance Institute.
value seen: Royal Insurance Co.; Maccor; Neema for Tourism Investment Co.; Novotel for Hotels Co.; Egyptian Insurance Institute
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: previous companies

COMPANYdate not shown in source

Hassan Darwish

Palm Hills Developments
Prior to joining MMID in June 2000, Mr. Darwish was a Board Member in El Gabr Group from 1985 to 1996. In 1997 he managed to successfully establish El Ahram Company for Insurance.
value seen: El Gabr Group; El Ahram Company for Insurance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: summary

COMPANYdate not shown in source

Hassan Darwish

Palm Hills Developments
Hassan Darwish is the Executive Vice President of El Mansour & El Maghraby Investment & Development Co. and the Chairman & CEO of Royal Insurance Co.
value seen: Non-executive board member representing MMID and Executive Vice President of El Mansour & El Maghraby Investment & Development. His broader operating background includes chairing Royal Insurance, Maccor, Neema for Tourism Investment and Novotel for Hotels, with earlier insurance and group-board experience.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: tags

COMPANYdate not shown in source

Hassan Darwish

Palm Hills Developments
In 1997 he managed to successfully establish El Ahram Company for Insurance.
value seen: Insurance founder
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Hassan Darwish

Palm Hills Developments
the Chairman & CEO of Royal Insurance Co.
value seen: Chairman & CEO, Royal Insurance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Hassan Darwish

Palm Hills Developments
Hassan Darwish is the Executive Vice President of El Mansour & El Maghraby Investment & Development Co.
value seen: Executive Vice President, MMID
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Hassan Darwish

Palm Hills Developments
Non-Executive Board Member Representative of MMID
value seen: MMID representative
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: title

COMPANYdate not shown in source

Hassan Darwish

Palm Hills Developments
Non-Executive Board Member Representative of MMID
value seen: Non-Executive Board Member Representative of MMID
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
AE
Amr El Garhy
Non-executive board member with a senior Egyptian finance and public-sector track record. The company biography records leadership or board roles at CIB, Commercial International Investment Company, EFG Hermes, National Investment Bank and Citadel Capital, and service as Minister of Finance from 2016 to 2018.
Current title
Non-Executive Board Member
Experience
no career length stated
Companies before
Chase National BankCIBCommercial International Investment CompanyEFG HermesNational Investment BankCitadel Capital
Education
not published
Other boards
none sourced
Known for
Non-Executive Board MemberFormer Minister of Financeex-CIBex-EFG HermesInvestment banking

Sources: previous companies

COMPANYdate not shown in source

Amr El Garhy

Palm Hills Developments
Mr. El-Garhy started his career back in 1981 at Chase National Bank ... He then worked at CIB ... In 2006 ... Commercial International Investment Company ... joined EFG Hermes ... National Investment Bank ... Citadel Capital holding.
value seen: Chase National Bank; CIB; Commercial International Investment Company; EFG Hermes; National Investment Bank; Citadel Capital
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: summary

COMPANYdate not shown in source

Amr El Garhy

Palm Hills Developments
Amr El Garhy was the Minister of Finance from 2016 to 2018. Mr. El-Garhy started his career back in 1981 at Chase National Bank, which was transformed into CIB in 1986.
value seen: Non-executive board member with a senior Egyptian finance and public-sector track record. The company biography records leadership or board roles at CIB, Commercial International Investment Company, EFG Hermes, National Investment Bank and Citadel Capital, and service as Minister of Finance from 2016 to 2018.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: tags

COMPANYdate not shown in source

Amr El Garhy

Palm Hills Developments
Non-Executive Board Member
value seen: Non-Executive Board Member
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Amr El Garhy

Palm Hills Developments
In 2002 , he joined EFG Hermes as board member and Managing Director as well as Co-headed its investment banking operations.
value seen: Investment banking
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Amr El Garhy

Palm Hills Developments
Amr El Garhy was the Minister of Finance from 2016 to 2018.
value seen: Former Minister of Finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Amr El Garhy

Palm Hills Developments
He then worked at CIB for ten years from 1986 to 2006.
value seen: ex-CIB
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Amr El Garhy

Palm Hills Developments
In 2002 , he joined EFG Hermes as board member and Managing Director
value seen: ex-EFG Hermes
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: title

COMPANYdate not shown in source

Amr El Garhy

Palm Hills Developments
Non-Executive Board Member
value seen: Non-Executive Board Member
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
AT
Ali Thabet
Chief Financial Officer with more than 35 years in finance and accounting, including 22 years at Palm Hills; the company says he joined as Vice President for Finance, Accounting and Administration and was promoted to CFO in 2011. He previously ran a chartered-accounting and financial-management office and advises the Egyptian Society for Public Finances and Taxes.
Current title
Chief Financial Officer
Experience
22+ years at palm hills
Companies before
Ali Thabet Chartered Accounting and Financial Management Services
Education
Ain Shams UniversityB.Sc. Commerce; Auditing and Taxation High Diploma
ESLSCA Business SchoolMIBA (Master in International Business Administration)
Other boards
Egyptian Society for Public Finances and Taxes
Known for
CFO35+ yrs finance & accountingMIBAAin Shams University
https://linkedin.com/in/ali-thabet-88059265
since promoted to CFO in 2011

Sources: education

COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
Mr. Thabet holds a B.Sc. Commerce, as well as Auditing and Taxation High Diploma from Ain Shams University
value seen: Ain Shams University; B.Sc. Commerce; Auditing and Taxation High Diploma
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
a MIBA (Master in International Business Administration) from the ESLSCA Business School
value seen: ESLSCA Business School; MIBA (Master in International Business Administration)
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: linkedin page

SOCIAL2026-09-05

Ali Thabet

Zawya · carried by linkedin.com
CFO at Palm Hills Developments
value seen: https://linkedin.com/in/ali-thabet-88059265
value paraphrased from this source
https://linkedin.com/in/ali-thabet-88059265

Sources: other boards

COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
He also acts a consultant for the Egyptian Society for Public Finances and Taxes.
value seen: Egyptian Society for Public Finances and Taxes
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: previous companies

COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
Previously, Mr. Thabet ran his own office for Chartered Accounting and Financial Management Services.
value seen: Ali Thabet Chartered Accounting and Financial Management Services
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: since

COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
was promoted to CFO in 2011
value seen: promoted to CFO in 2011
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: summary

COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
Ali Thabet has over 35 years of experience in the field of finance and accounting, 22 of which spent in Palm Hills Developments, when he first joined in the capacity of Vice President for Finance, Accounting and Administration, and was promoted to CFO in 2011.
value seen: Chief Financial Officer with more than 35 years in finance and accounting, including 22 years at Palm Hills; the company says he joined as Vice President for Finance, Accounting and Administration and was promoted to CFO in 2011. He previously ran a chartered-accounting and financial-management office and advises the Egyptian Society for Public Finances and Taxes.
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: tags

COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
Auditing and Taxation High Diploma from Ain Shams University
value seen: Ain Shams University
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
a MIBA (Master in International Business Administration) from the ESLSCA Business School
value seen: MIBA
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
Chief Financial Officer
value seen: CFO
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
22 of which spent in Palm Hills Developments
value seen: 22 yrs at Palm Hills
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors
COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
over 35 years of experience in the field of finance and accounting
value seen: 35+ yrs finance & accounting
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Sources: title

COMPANYdate not shown in source

Ali Thabet

Palm Hills Developments
Chief Financial Officer
value seen: Chief Financial Officer
https://ir.palmhillsdevelopments.com/en-us/corporate/boardofdirectors

Projects

Assessment coverage

Completed projects: 2016-10-16 through 2026-10-16. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

6 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Palm Hills Katameya Extension 2New Cairo, Egypt
East Cairo
residential for sale———————Jan 2019 – Dec 2019Aug 2021+25.5 mo
(+20.0 to +31.0)
estimatedcompleted
Golf Extension6th of October, Egypt
West Cairo
residential for sale9631———10% down payment and the remaining amount over 7 years1——Jan 2019 – Dec 2019Jun 2020+11.5 mo
(+6.0 to +17.0)
estimatedcompleted
Woodville6th of October, Egypt
West Cairo
residential for sale————10% 10%120142014Jan 2019 – Dec 2019Jun 2020+11.5 mo
(+6.0 to +17.0)
estimatedcompleted
Le Sidi Boutique Hotel & RestaurantNorth Coast, Egypt
Hacienda Bay
hotel————————Sep 2019—not scorablecompleted
Palm Valley6th of October, Egypt
West Cairo
residential for sale2371———10% down payment, another 5% after three months, and the rest in installments over 6 years1——Jan 2019 – Dec 2019Sep 2019+2.5 mo
(−3.0 to +8.0)
estimatedcompleted
Mazeej HotelNorth Coast, Egypt
Hacienda White
hotel————————Aug 2019—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
PROJECT AWARD Winner 20 February 2025 (ceremony); reported 26 February 2025
Best Residential Project of 2024 — International Property Awards · iCity New Cairo — Lagoon Beach Park experience
Palm Hills reports receiving the regional Best Residential Project of 2024 award for the Lagoon Beach Park experience at iCity New Cairo at the London ceremony held on February 20, 2025.
PROJECT AWARD Winner 20 February 2025 (ceremony); reported 26 February 2025
Best Residential Property of 2024 — International Property Awards · ALIVA — Greenhouse design
Palm Hills reports receiving the regional Best Residential Property of 2024 award for the Greenhouse design at ALIVA, Mostaqbal City, at the London ceremony held on February 20, 2025.
RECOGNITION Winner Reported 6 March 2025
North Africa Deal of the Year — Global Banking and Markets’ Africa Awards 2025 · Badya
Palm Hills’ EGP 10.3 billion long-term syndicated financing facility for Badya was selected as North Africa Deal of the Year.
RANKING Ranked 12 December 2021
Top 50 Real Estate Developers in MENA 2021
Palm Hills Developments was ranked 21st in Forbes Middle East’s Top 50 Real Estate Developers in MENA 2021 list.
PROJECT AWARD Winner 3 March 2020
Best Urban Concept and Design Award — bt100 Awards · Badya
Palm Hills Development’s Badya project won the Best Urban Concept and Design Award at the bt100 Awards.
PROJECT AWARD Winner 5 March 2019
Exceptionally Innovative Project — BT100 · Badya
Palm Hills Developments was awarded the BT100 Exceptionally Innovative Project accolade for Badya, described as the company’s second consecutive year receiving the accolade.
PROJECT AWARD Winner 14 March 2018
Commercial Project Award — Cityscape Awards Egypt · Palm Central
Palm Hills Developers received the Commercial Project Award for Palm Central in 6th of October City.

Risks

Risk flags

4 found
LEGAL Reported March 16, 2026; judgment date not stated
On March 16, 2026, Andersen Egypt reported that a court ordered Palm Hills Middle East to pay EGP 10 million to a North Coast buyer after finding that the developer failed to deliver the contracted unit on time and sold the same unit to another purchaser; the company argued that the buyer had failed to pay instalments, but the court rejected that defense and treated withholding payment as justified while delivery remained outstanding.
LEGAL Reported September 29, 2021; adjourned to October 27, 2021
On September 29, 2021, a Cairo Economic Court adjourned a buyer’s EGP 25 million compensation lawsuit against Palm Hills concerning a Hacienda Bay chalet; the buyer alleged that, after a dispute over maintenance-deposit differences, the company treated her 2015 contract as void. The report records an adjournment, not a final finding or resolution.
REGULATORY April 26, 2011
On April 26, 2011, an Egyptian court ruled that the state-land sale to Palm Hills Development for approximately 960,000 square metres in Cairo’s eastern expansion was illegal and annulled the contract because the land was allegedly priced too cheaply and was not publicly auctioned; subsequent reporting stated that Palm Hills intended to appeal, so the retrieved sources do not establish the final appellate outcome.
DELIVERY DELAY Source published 2026-03-16; judgment/event date not stated
Palm Hills Middle East, a Palm Hills Developments subsidiary, was found by an Egyptian court to have failed to deliver a contracted residential unit in an unnamed North Coast tourist project by the agreed date and to have sold that same unit to another buyer; the court ordered EGP 10 million in compensation. The available report does not identify the project name or the contractual delivery date, and does not state whether the wider project remains incomplete.

Record status

active
Coverageactive
Tracked sinceOctober 11, 2026
Last checkedOctober 12, 2026 this month
Profile last researchedOctober 12, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.