"As the Egyptian real estate market continues to flourish, the need for true added value, integrated communities has never been greater. Recognizing this early on, Palm Hills Developments was fortunately able to take part of this exciting change in the real estate investment climate, to contribute in driving the country's economy forward". Capitalizing on market opportunities by acquiring land in strategic locations and developing communities for a rapidly growing demand, Palm Hills Developments became a trend-setter for innovative, fully integrated communities, as an Egyptian developer. With one of the largest land banks in Egypt and a multitude of projects in residential, commercial and tourism destination resorts under its helm, Palm Hills Developments is growing with strong momentum; offering high standard of quality and a seamless livable experience. As the result of a dynamic market, we are able to push our boundaries, develop and recreate better livable communities, and as a result, better living conditions for all. What has long set us apart is a deep commitment to innovation and an innate ability to tap into the needs and aspirations of our clients, offering the highest value and return on their properties. We shall continue our focus on enhancing the Company's financial performance and position through an ongoing implementation of our four strategic pillars namely growth, earnings stabilization and diversification, improving profitability and expediting project delivery. Our balance sheet is in its strongest position ever whereby we successfully completed the EGP1.65 billion Rights Issue of 824 million new ordinary shares in June 2015, a strong evidence of the sustained trust and commitment from our shareholders and the strong interest from new investors, with new shareholders coming onboard from the US, UK and UAE. At Palm Hills Developments, we believe that the core of our success stems from the belief that, by setting standards in quality, price and delivery, we will turn every integrated community into a success story; your success story."
Board of Directors
Mr. Yasseen Mansour
CHAIRMAN & GROUP CEO
Mr. 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
Mr. Mohamed Mansour
Mr. Mohamed I 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.
Mr. Timothy C.Collins
Mr. Collins is the CEO and senior MD of Ripplewood Advisors LLC, the successor to Ripplewood Holdings LLC, which he founded in 1995
Arch. Shehab A. Mazhar
FOUNDER AND EXECUTIVE BOARD MEMBER
Arch. Shehab A. Mazhar, one of the founders of Palm Hills Developments, is the company's Chief Executive Officer for Engineering.
Eng. Mohamed Ahmed Sultan
CHIEF EXECUTIVE OFFICER
Eng. Mohamed Sultan, Palm Hills Developments' appointed CEO in 2011, when he orchestrated the corporate's operation, leveling the playfield for its success story moving forward
Mr. Tarek Abdel Rahman
CO-CHIEF EXECUTIVE OFFICER
Mr. Tarek Abdel Rahman has joined Palm Hills Developments in the capacity of Chief Investment Officer. Mr. Tarek brings in a wealth of knowledge and expertise in Corporate Finance and Investment Banking
Mr. Ali Thabet
CHIEF FINANCIAL OFFICER
Mr. Thabet has over 35 years of experience in the field of finance and accounting, 19 of which spent in Palm hills Developments
Mr. Yasser El Mallawany
NON-EXECUTIVE BOARD MEMBER
As Chief Executive Officer of EFG Hermes, Mr. El Mallawany has played a key role in driving the consolidation of Egypt's investment banking sector
Mr. Youssef M. Medhat El Far
NON-EXECUTIVE BOARD MEMBER
As the Vice Chairman of NAEEM Holding, Mr. Youssef M. Medhat El Far is responsible for developing and setting the overall strategy and vision of the company.
Mr. Hassan Darwish
NON-EXECUTIVE BOARD MEMBER
Mr. Hassan Darwish is the Executive Vice President of El Mansour & El Maghraby Investment & Development Co. and the Chairman & CEO of Royal Insurance Co.
Aabar Investments PJSC Representative
Dr. Azza Galil El Bendary
CHIEF OFFICER OF HR & ADMINISTRATION
Dr. Azza El Bendary has more than 20 years of management experience, with half those spent specifically in the human resources field.
Eng. Ahmed Atalla
VICE PRESIDENT FOR DEVELOPMENT - 6TH OF OCTOBER
Program development expert & design professional with over 30 years of quality experience in project management
Mr. Amr El-Barbary
CEO Palm Hills Properties
Mr. Amr El-Barbary joined Palm Hills Developments in 2014 as CEO for Palm Hills Properties, the subsidiary responsible of developing
Eng. Sherif Sabry
HEAD OF INTERNATIONAL BUSINESS DEVELOPMENT
Prior to joining Palm Hills in the capacity of CEO of Palm Hills International, looking after regional and international expansion opportunities
Ms. Mona El Helw
CHIEF COMMERCIAL OFFICER
Ms. El Helw leads the company's global sales and marketing operations. She started her career in investment banking and portfolio management working for Delta Securities
Eng. Amr Mahfouz
VICE PRESIDENT FOR DEVELOPMENTS - NEW CAIRO
Prior to joining Palm Hills Developments in 2010, Eng. Mahfouz worked as Projects' Manager for the First Gulf Bank "Property Development Department" Head Office-Abu Dhabi for five years
Eng. Alaa Arafa
VICE PRESIDENT FOR CONTROLS
Engineer Arafa joined Palm Hills Developments in 2010, Brining 30 year extensive wealth of experience in Programme Management,
Mr. Maged Salah
VICE PRESIDENT FOR PORTFOLIO MANAGEMENT
Mr. Maged Salah Al Din carries more than 18 years of experience within the Egyptian real estate industry. Mr. Salah Al Din, joined Palm Hills Developments on September 2015.