Palm Hills revenue tops $360 million in 9M 2024
Palm Hills Developments reports robust 9M 2024 performance, surpasses revenue expectations.
Yasseen Mansour
Palm Hills expands stake in Egypt’s hospitality sector with Macor Hotels deal
Palm Hills raises stake in Macor Hotels to 69.5%, strengthening its presence in Egypt’s hospitality sector amid tourism growth.
Palm Hills to buy nearly $40-million stake in Taaleem from Egyptian billionaire Yasseen Mansour
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).
Egyptian billionaire Yasseen Mansour’s Palm Hills approves $212.3-million loan for Badya project
Badya, Palm Hills Developments' flagship smart city, leads the way in innovative property development in the MENA region.
Egyptian billionaire Yasseen Mansour invests $10.4 million in Egypt’s education sector
Egyptian billionaire Yasseen Mansour increases stake in Taaleem Management Services with $10.4 million share purchase.
Yasseen Mansour’s Palm Hills reports $225-million revenue in H1 2024
Palm Hills Developments reports robust H1 2024 performance, surpasses revenue expectations.
Egyptian billionaire Yasseen Mansour’s company records $131-million revenue in Q1 2024
Executive Chairman Yasseen Mansour attributed the impressive results to strong sales across various regions.
Egyptian billionaire Yasseen Mansour’s Palm Hills signs deal for Northern Coast project
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.
Egyptian billionaire Yasseen Mansour loses $5.1 million from Palm Hills stake
Despite the recent decline in the market value of his holding in Palm Hills, Mansour remains one of Egypt’s wealthiest men.
Firm linked to Egypt’s billionaire Mansour family sells $3-million stake in Palm Hills
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.
Egyptian billionaire Yasseen Mansour gains $1.8 million from Palm Hills stake
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.
Egyptian billionaire Yasseen Mansour’s Palm Hills posts $51.1-million profit in 2023
Mansour highlighted the company’s record-breaking new sales of EGP59.5 billion ($1.92 billion), indicating a growth of 129 percent year-on-year.