Company: Palm Hills Development Co.
Country: Egypt
Sector: Real Estate Development
CEO: Yasseen Mansour
Website: https://www.palmhillsdevelopments.com
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Cairo, Egypt
Founded: 1997
Valuation/Revenue: $411.3m market value (African Business Top 250, 2025); EGP 4.22bn net profit for FY2025, up 29.55% year-on-year (company results reporting, 2026)
Palm Hills Developments (PHDC) is one of Egypt’s largest real estate developers, listed on the Egyptian Exchange, building integrated residential, commercial and resort communities across Greater Cairo, Alexandria, the North Coast and the Red Sea. Chaired and led by billionaire businessman Yasseen Mansour of the Mansour Group, the company has recently posted strong revenue and profit growth and is expanding into new international markets including the UAE.
What Does Palm Hills Development Do?
Palm Hills designs, builds and sells master-planned residential communities alongside commercial and resort real estate, aiming to create what it describes as “self-sufficient, diverse communities” with integrated amenities. Its major projects include Badya, a roughly 3,000-acre smart city development, several Hacienda-branded North Coast and Red Sea resort communities (including the newer Hacienda Ras El Hekma), Palm Hills One, and Village de la Capitale near Egypt’s New Administrative Capital. The company has also announced plans to expand its footprint into the UAE market.
How Old Is Palm Hills Development?
Palm Hills Developments was established in the late 1990s and has grown over more than 25 years into one of Egypt’s leading listed homebuilders, expanding from its original Cairo-area projects into a multi-region portfolio spanning the capital, the north coast and the Red Sea.
Is Palm Hills Development Publicly Traded?
Yes. Palm Hills Developments is listed on the Egyptian Exchange (EGX: PHDC) and is one of the more actively traded real-estate names on the exchange, with regular quarterly and annual results disclosures covered by Egyptian and regional financial media.
How Big Is Palm Hills Development?
African Business’s 2025 Top 250 valued Palm Hills at $411.3 million by market capitalisation, ranking it number 283. The company reported a 29.55% year-on-year jump in consolidated net profit to EGP 4.22 billion for full-year 2025, following a reported 42% revenue growth and 50% net profit increase in the first nine months of 2025 versus the prior year, reflecting Egypt’s strong real-estate demand amid currency and inflation pressures that have pushed buyers toward property as a store of value.
Who Is the CEO of Palm Hills Development?
Yasseen Mansour serves as Chairman and Group CEO of Palm Hills Developments. He is a senior figure within Egypt’s Mansour Group, one of the country’s largest conglomerates, and has led Palm Hills’ strategy of geographic diversification, including its recent push into the Abu Dhabi/UAE market, where the company has forecast very large project sales values.
Who Owns Palm Hills Development?
Palm Hills is closely linked to the Mansour family and the wider Mansour Group, with Yasseen Mansour a controlling figure in the company’s ownership and governance, alongside institutional and free-float shareholders on the EGX. Precise current shareholding percentages are disclosed in the company’s EGX filings and annual report.
What Has Palm Hills Been in the News For Recently?
Recent coverage has focused on Palm Hills’ strong 2025 financial results, its unveiling of a new project in the UAE, and Yasseen Mansour’s public comments on the company’s Hacienda Ras El Hekma Mediterranean-coast development, part of a broader push to diversify beyond the Greater Cairo market it was historically best known for.
How Does Palm Hills Development Compare to Its Competitors?
Palm Hills is generally ranked among Egypt’s top three to four listed real estate developers by market value and project pipeline, alongside Talaat Moustafa Group (TMG Holding), Emaar Misr and SODIC. Compared with TMG Holding, which is larger by market capitalisation and known for mega-projects like Madinaty and Al Rehab, Palm Hills has built its brand around premium gated communities in West Cairo and North Coast/Red Sea resort destinations, and has more recently signalled ambitions to diversify outside Egypt through its planned UAE project, a move that would set it apart from most Egypt-focused peers.
Links
Website: https://www.palmhillsdevelopments.com
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Q: Is Palm Hills Development legit?
A: Yes — it is a long-established, EGX-listed real estate developer and one of Egypt’s largest homebuilders.
Q: Who is the CEO of Palm Hills Development?
A: Yasseen Mansour, who serves as Chairman and Group CEO.
Q: Who owns Palm Hills Development?
A: The Mansour family, led by Yasseen Mansour, holds a controlling position, alongside EGX free-float shareholders.
Q: Is Palm Hills Development publicly traded?
A: Yes, on the Egyptian Exchange under ticker PHDC.
Q: Where is Palm Hills Development headquartered?
A: Cairo, Egypt.
Q: How big is Palm Hills Development?
A: African Business’s 2025 Top 250 valued it at $411.3 million; it reported EGP 4.22 billion net profit for FY2025.