Palm Hills Development Co SAE (PHDC)

General Information

Company Name Palm Hills Development Co SAE (PHDC)

Company Purpose Following a vision to create self-sufficient and well-integrated communities in Egypt, Palm Hills Developments became an ever-growing leader in integrated residential, commercial and resorts projects since 1997. Today, we possess one of the largest and most diversified land banks spreading 29 million sqm, and an impressive roster of 34 projects in West Cairo, East Cairo, Alexandria and North Coast.

Company Establish Date 10 January 2005

Financial Year Start First Quarter

Auditor

• Mazars Mostafa Shawki and Co

Ownership

• El Mansour and El Maghraby for Investment and Development SAE (39.85%)
• Arab African International Bank (12.98%)
• Yaseen Ibrahim Lotfi Mansour (10.17%)
• Mahmoud Lotfi Ismail Mahmoud Lotfi Mansour (0.92%)
• Royal Insurance Co SAE - Egypt (0.41%)
• Hazem Mohamed Magdy Khalil Badran (0.3739%)
• Tarek Mohamed Saladin Tantawy (0.3468%)
• Youssef Mohamed Medhat Youssef Al Far (0.1275%)
• Hasan Mohamed Hasan Darwish (0.053%)
• EGX 30 INDEX ETF (0.02%)
• El Kahera El Watania Investment (0.0098%)
• Mohamed El Amin Ismail Lotfi Mansour (0.0015%)
• Khaled Mohamed Khalil (NA)

Management

Subsidiaries

• Gawda for Trade Services SAE (99.996%)
• Palm Hills Middle East for Real Estate Investment (99.99%)
• New Cairo for Real Estate Development SAE (99.985%)
• Khedma for Real estate and tourist resort management (99.96%)
• Rakeen Egypt for Real Estate Investment (99.9454%)
• Palm Sports for clubs (99.90%)
• Palm Hills for Tourist Development and Real Estate (99.40%)
• Palm Investment and Real Estate Development (99.40%)
• Palm Real Estate Development (99.40%)
• Palm for Touristic Resorts (99.40%)
• Palm for Urban Development (99.40%)
• Palm Hills Tourism Investment (99.40%)
• Palm Construction and Real Estate Development (99.40%)
• United Engineering for Engineering and Contracting (99.25%)
• Palm Hills for Real Estate (99.20%)
• Palm Hills Club (99.20%)
• Palm Holding for Financial Investments (99.00%)
• Palm Hills Restaurants (99.00%)
• Palm Hills Hotels (98.00%)
• Eastern New Cairo for Real Estate Development (89.00%)
• Macor for Securities Investment Co (60.00%)
• Naeem Hotels and Touristic Villages (60.00%)
• Palm Alexandria (60.00%)
• Gamsha for Tourist Development (59.00%)
• Saudi Urban Development Co SAE (51.00%)
• Royal Gardens for Real Estate Investment (51.00%)
• Nile Palm Al Naeem for Real Estate Development SAE (51.00%)
• IFS Facilities Management (49.00%)
• Coldwell Banker - Egypt (49.00%)
• Palm Hills Education (28.16%)
• Palm Mortgage Finance (9.00%)
• Inspired Education - Egypt (1.00%)
• Palm October (0.24%)

Contacts