April 21, 2021 00:35


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News


(2015-01-14) Palm Hills to boost capital by LE1.6 bln for commercial property expansion
Egyptian property developer Palm Hills Developments Company (PHDC) intends to increase its paid capital to LE4.3 billion for a number of reasons, most important is to expand in commercial property which generates regular revenue as well as acquiring new plots of land, its Co-CEO Tariq Abdul Rahman. Abdul Rahman told AlMal newspaper that EFG-Hermes (HRHO), Arab African International Bank (AAIB), and Akanar Finance Advisory is its financial advisors.