AMEinfo EXPERTS
by Ismail Al Hammadi
Al Ruwad Real Estate


by Pushan Dutt
INSEAD


VIEW ALL EXPERTS

Egypt’s PHD names new co-CEO

June 10, 2014 1:12 am


Egypt’s second-biggest property developer, Palm Hills Developments (PHD) has said the firm’s chief investment officer, Tarek Abdel Rahman, has been promoted to the position of co-chief executive officer with immediate effect, Reuters has reported. The move follows US private equity firm Ripplewood’s acquisition of a 2.3% stake in PHD last month, highlighting international appetite for Egyptian real estate. Abdel Rahman will join PHD’s CEO Mohamed Ahmed Sultan, who has been in his position since 2011.

By

AMEinfo EXPERTS
by John Peacock
BSA Ahmad Bin Hezeem & Associates


VIEW ALL EXPERTS
s