Palm Hills Developments
Mohamed Elbassel has extensive experience in human resources, currently serving as HR Operations Associate Director at Palm Hills Developments since September 2008. Previous roles at Palm Hills Developments include HR Operations Senior Manager, HR Operations Manager, HR Assistant Manager, and HR Senior Generalist, where responsibilities encompassed auditing personnel actions, processing employee data, and maintaining HR systems. Additionally, Mohamed co-founded ThinkUp Arts from January 2013 to January 2015, a company dedicated to innovative home decoration with original handmade products. Mohamed holds a degree in Commerce with a focus on Accounting from Ain Shams Academy, graduating in 2008 with a commendable score of 83.71%.
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Palm Hills Developments
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Palm Hills Developments is a leading real estate company in the Egyptian market, primarily developing integrated residential, commercial real estate and resort projects. Founded in 2005 by Mansour and Maghraby Investment and Development Company [MMID], the company which is listed on the Egyptian Stock Exchange and London Stock Exchange, traded under the symbols "PHDC.CA" and "PHDC.LI" respectively, was the result of a vision to create self-sufficient and well integrated communities. Presently Palm Hills Developments possesses one of the largest land banks in the country and is rapidly growing into a regional player, thanks to a geographically diversified land bank suitable for the development of a broad range of real estate products all fashioned to cater for customers' need gaps and preferences. Currently, Palm Hills Developments has a portfolio of 26 projects spanning different development stages nationwide, and spreading over 27 million square meters [sqm] in Egypt, including 5 million sqm in which is held for sale in Saudi Arabia. The Company's product offering includes primary homes on both West Cairo and East Cairo, as well as second homes by the Mediterranean Sea [North Coast]. The land bank includes 757,000 sqm of land earmarked for Commercial/Retail developments, with ambitions to have such properties contribute around 25% of the Company's consolidated Net Income by 2020.