Palm Hills is one of Egypt’s largest real-estate developers, active since 2005 with numerous high-end housing and commercial projects. It reports a backlog of 19 launched projects and 10 under construction nationwide. The company targets integrated luxury communities (e.g. Palm Hills October) and holds a large land bank. (A 2016 Oxford Business Group profile noted 11 completed projects with 12 more in development.)

Palm Hills’s recent financials are strong. In 2024 it posted EGP 3.25 bn consolidated net profit (up 106% YoY) on EGP 27.16 bn in sales. Its stock performance and debt levels have been a concern in the past, but the company has raised capital (rights issues, sukuk) to fund growth. (For example, analysts in 2011 called its balance sheet “one of the weakest among Egyptian developers” due to heavy debt and losses, but recent reports show robust revenues.)

Palm Hills typically delivers high-end, luxury residential and mixed-use projects. It has won design and finance awards (e.g. a North Africa Deal of the Year award for its EGP 10.3 bn Badya project, a “sustainable smart city” initiative). International firms like Chapman Taylor praise its projects’ sustainability: its New Cairo Admin Park uses energy-efficient design and promotes a low-carbon workplace. These references suggest modern, well-regarded project quality.

The company faced major legal scrutiny in 2011, when Egyptian courts voided a state-land sale to Palm Hills as illegally priced. In July 2011, its chairman (and co-owner Ahmed Maghrabi) was cleared of corruption charges related to that land deal. Palm Hills appealed the land-sale verdict. Management noted that construction and deliveries were not halted by the ruling. To our knowledge, no recent litigation is outstanding, but these cases are part of its regulatory history.

Palm Hills markets to upper-middle and luxury buyers and has a strong brand in Egypt. We found no authoritative reports of systemic customer failures. (Informal customer complaints do exist online, but no official sources were found.)

The company is widely known as a top Egyptian developer. It has earned international finance awards and a stock-market presence. Its executives are prominent (the Mansour family). However, past controversies dented its image until recent years. Current news coverage emphasizes its growth and profitability, and no major scandals have re-emerged recently.

Palm Hills is pursuing green and smart development. Its Badya project is billed as “Egypt’s first sustainable smart city” and secured the largest-ever syndicated real-estate financing in Egypt (EGP 10.3 bn). Its Admin Park in New Cairo is explicitly designed for energy efficiency and sustainability. These initiatives point to a focus on innovation and sustainable design.