Billionaire Yasseen Mansour's Palm Hills posts 29.55 percent profit jump to EGP 4.22 billion in 2025
Yasseen Mansour's Palm Hills Development posted a 29.55 percent rise in consolidated net profit to EGP 4.22 billion for full-year 2025.
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Yasseen Mansour's Palm Hills Development posted a 29.55 percent rise in consolidated net profit to EGP 4.22 billion for full-year 2025.
Palm Hills and Marriott plan a St. Regis near the Grand Egyptian Museum, adding new hotel rooms and branded residences to West Cairo.
Palm Hills, led by billionaire Yasseen Mansour, secures $18.2 million lease and UAE trademark deal, boosting its Gulf expansion strategy.
Chairman Yasseen Mansour’s Palm Hills stake falls $6.55 million amid continued share pressure on the Egyptian Exchange.
Yasseen Mansour loses nearly $10 million from Palm Hills stake as EGX shares drop, highlighting challenges in Egypt’s real estate sector.
Palm Hills launches Jirian, its first project in Egypt’s New Delta, targeting EGP200 billion ($4 billion) in sales as it redefines urban living with a Nile-front city.
Palm Hills expands beyond Egypt with a major Abu Dhabi project near Saadiyat Island, boosting Gulf presence amid record-breaking Q1 2025 sales.
Over the past 15 days, the company’s stock has risen by 9.64 percent, boosting Mansour’s stake from $43.15 million to $47.31 million.
Palm Hills, chaired by Yasseen Mansour, kicked off 2025 with $1 billion in Q1 sales, up 148%, driven by booming demand in New Cairo, Badya, and Alexandria.
Palm Hills backs $25.2 million loan for 200 hotel rooms at Hacienda White, boosting its stake in Egypt's North Coast tourism.
Palm Hills Developments' revenue surged 55.6% to $536 million in 2024, doubling profits as unit sales soared as strong asset growth cements its market leadership.
Mansour, one of Africa’s leading business leaders, holds a 10.83-percent stake in the Cairo-based real estate firm, equating to 318,574,726 shares.
The Egyptian billionaire’s stake could have grown by as much as $41.9 million if not for the devaluation of the Egyptian pound against the U.S. dollar.
Palm Hills Developments joins forces with Dallah Real Estate to create integrated projects, focusing on 15 international schools in Saudi Arabia.
Palm Hills raises stake in Macor Hotels to 69.5%, strengthening its presence in Egypt’s hospitality sector amid tourism growth.
Mansour, who serves as chairman of Palm Hills Developments, holds a 10.83 percent stake in the company, representing 318,574,726 shares.