Real estate related news and press releases covering MENA region.
Egypt's Palm Hills posts $2.7m net loss in Q1
May 16, 2012
Egypt's second-largest listed developer, Palm Hills has reported a net loss of EGP16.3m ($2.7m) in the first quarter of 2012, Reuters has reported. The luxury real estate developer had posted a net loss of EGP36.2m in the same period a year earlier.