When was Palm Hills Developments founded?

Palm Hills Developments was founded in 2005 and raised its 1st funding round 13 years after it was founded.

Where is Palm Hills Developments located?

Palm Hills Developments is headquartered in Giza, Egypt.

Who is the current CEO of Palm Hills Developments?

Mohamed Ahmed Sultan of Palm Hills Developments.

How many employees does Palm Hills Developments have?

As of Aug 31, 2026, the latest employee count at Palm Hills Developments is 1849.

Is Palm Hills Developments a funded company?

Palm Hills Developments is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 11, 2018.

When was the latest funding round of Palm Hills Developments?

Palm Hills Developments' latest funding was a $***** Seed round on Jan 11, 2018, with participation from 1 investor.

Where does Palm Hills Developments rank among its competitors?

Palm Hills Developments ranks 9th amongst 305 active competitors, of which 5 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Mirastar, which secured an undisclosed amount in Sep, 2025.

Who are the top competitors of Palm Hills Developments?

Palm Hills Developments' top competitors include ATENOR, Klovern and Mirastar. Among them, Mirastar secured the most recent funding round in September, 2025.

Palm Hills Developments - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: www.palmhillsdevelopments.com
Social
Email ID: *****@phdint.com
Phone Number: +20 **********

Key Metrics

Founded Year

2005

Location

Giza, Egypt

Stage

Seed

Latest Funding Round

Seed, Jan 11, 2018, $*****

Investors

Arab African International Bank & 1 more

Ranked

9^th among 305 active competitors

Employee Count

1,849 as on Aug 31, 2026

Similar Companies

ATENOR & 309 more

View Palm Hills Developments' full profile

Palm Hills Developments has raised funding over 1 round. Its latest funding round was a Seed round on Jan 11, 2018 for $*****. 1 investor participated in its latest round. Palm Hills Developments has 2 institutional investors.

Here is the list of recent funding rounds of Palm Hills Developments:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 11, 2018	9025125	Seed	9340336	9638500	8765233	5981575

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View details of Palm Hills Developments's funding rounds and investors

The founders of Palm Hills Developments is Shehab Mazhar. Mohamed Ahmed Sultan and Yasseen Mansour are the CEOs of Palm Hills Developments.

Here are the details of Palm Hills Developments' key team members:

Shehab Mazhar: Co-Founder of Palm Hills Developments.
Mohamed Ahmed Sultan: Co-CEO of Palm Hills Developments.

View details of Palm Hills Developments's Founder profiles and Board Members

Palm Hills Developments' employee count trend

Palm Hills Developments has 1,849 employees as of Aug 26. Here is Palm Hills Developments's employee count trend over the years:

Employee count trend for Palm Hills Developments

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Top competitors of Palm Hills Developments include ATENOR, Klovern and Mirastar. Here is the list of Top 10 competitors of Palm Hills Developments, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ATENOR 1910, La Hulpe (Belgium), Public	Developer of sustainable real estate properties	-	Erste Group, 3d investors & 2 others	54/100
2nd	Klovern 2002, Stockholm (Sweden), Acquired	Provider of sustainable infrastructure development services	-	Danske Bank, Nordea & 1 others	54/100
3rd	Mirastar 2019, London (United Kingdom), Late Stage	Developer of box logistics assets	-	KKR, M7 Real Estate	49/100
4th	Aluwind Architectural 2003, Mumbai (India), Public	Provider of aluminum windows and glass facade solutions	-	-	48/100
5th	Shinsegae Property 2013, Seoul (South Korea), Acquired	Developer of residential & commercial properties	-	-	47/100
6th	Møller Eiendom 2014, Oslo (Norway), Unfunded	Provider of sustainability development services	-	-	46/100
7th	Hufvudstaden 1915, Stockholm (Sweden), Public	Provider of services to maintain sustainable development in cities	-	Pemrose Holding	46/100
8th	BAM 1874, Hemel Hempstead (United Kingdom), Acquired	Provider of diversified real estate & infrastructure development services	-	Europa	45/100
9th	Palm Hills Developments 2005, Giza (Egypt), Seed	Developer of sustainable residential & commercial properties	-	Arab African International Bank, Union Properties	45/100
10th	Ginger Group 1933, Elancourt (France), Acquired	Developer of buildings & infrastructures for sustainable development	-	Socadif, EMZ Partners & 1 others	45/100