Palm Hills

Talaat Leads Real-Estate Rally Amid Inflation Bets: Cairo Mover

Talaat Moustafa Group Holding led surging Egyptian real estate shares as investors anticipate inflation will increase demand for properties.

Sixth of October, Palm Hills May Make Bid for Land on Outskirts of Cairo

Six of October Development & Investment Co. and Palm Hills Developments SAE, two Egyptian luxury real-estate companies, said they may make separate bids for a plot of land on the outskirts of Cairo in a government auction in July.

Fakhrany to Seek Annulment of Palm Hills Land New Cairo Land Sale in Court

Hamdy Fakhrany, a private Egyptian citizen, said he is seeking the annulment of a land sale in New Cairo to Palm Hills Developments SAE because of irregularities in the way it was sold by the government.

Egypt’s Islamists Woo Mubarak Tycoons as Mursi Seeks Funds

Black lacquered walls and crystalline lighting greeted attendees at a two-day London conference touting investment opportunities in Egypt.

Egypt’s Developers Pay the Price for Ties to Mubarak’s Regime

The Egyptian revolution that swept Hosni Mubarak from power threatens to hobble the real-estate developers that profited from their ties to the former president.

Palm Hills Denies Banks Reconsidering $204 Million Egypt Loan

Palm Hills Developments SAE , an Egyptian real-estate developer, denied that lenders providing it with a 1.2 billion Egyptian-pound ($204 million) loan are reconsidering the deal because of the referral of the company’s chairman to trial.

Palm Hills Negotiating More Sales With Burooj Properties, Citigroup Says

Palm Hills Developments SAE , Egypt’s second-biggest publicly traded property company, is in talks to expand its bulk-sale agreement with Abu Dhabi-based Burooj Properties, according to Citigroup Inc. analyst David Spiez .

Egypt's Palm Hills Developments May Offer Budget Housing, Expand in Africa

Palm Hills Developments SAE, Egypt’s second-biggest publicly traded property company, may start building low-cost housing and expand into sub-Saharan Africa.

Palm Hills of Egypt Says Revolution Poses Challenge for Survival

Palm Hills Developments SAE , the second-biggest publicly traded real-estate developer in Egypt, said 2011 will “pose challenges” to its survival in the wake of a revolution in the country last month.

Palm Hills Falls Most in 4 Months After Reporting 2011 Loss

Palm Hills Developments SAE tumbled the most in almost four months after the Egyptian developer of luxury property reported a 2011 loss that was more than estimated following last year’s popular uprising.

Egypt

Hosni Mubarak

European Stocks Fall as BOJ Adds No New Stimulus

Yen Rallies After BOJ Keeps Policy Unchanged; Aussie Weakens

Jim O’Neill Says Get Used to U.S. Bond Yields Nearer 4% Than 2%

U.S. Stocks Decline as BOJ Leaves Stimulus Unchanged

Stocks Fall With Bonds, Commodities on BOJ as Yen Rallies