Palm Hills partners with Saudi firm to boost real estate and education development
Palm Hills Developments joins forces with Dallah Real Estate to create integrated projects, focusing on 15 international schools in Saudi Arabia.
Palm Hills Developments joins forces with Dallah Real Estate to create integrated projects, focusing on 15 international schools in Saudi Arabia.
Palm Hills Developments reports robust 9M 2024 performance, surpasses revenue expectations.
Palm Hills raises stake in Macor Hotels to 69.5%, strengthening its presence in Egypt’s hospitality sector amid tourism growth.
This follows Mansour's acquisition of an additional stake in Taaleem, increasing his holding to 18.3 percent after purchasing shares worth EGP505.6 million ($10.46 million).
Badya, Palm Hills Developments' flagship smart city, leads the way in innovative property development in the MENA region.
Egyptian billionaire Yasseen Mansour increases stake in Taaleem Management Services with $10.4 million share purchase.
Palm Hills Developments reports robust H1 2024 performance, surpasses revenue expectations.
Executive Chairman Yasseen Mansour attributed the impressive results to strong sales across various regions.
Under Yasseen Mansour’s leadership, Palm Hills reported a $51.1 million profit at the end of its 2023 fiscal year, reflecting a robust 25.9 percent year-over-year increase.
Despite the recent decline in the market value of his holding in Palm Hills, Mansour remains one of Egypt’s wealthiest men.
MMID divested 39.4 million shares of Palm Hills on April 7, 2024, for a total of EGP141.5 million ($2.98 million) at an average price of EGP3.59 ($0.0755) per share.
This significant increase reinforces Mansour’s position as one of Egypt’s and Africa’s billionaires, solidifying his position among the continent’s financial elites.