Cairo, May 25, 2025: Palm Hills Developments ("Palm Hills" or "the Company") a leading real estate developer in Egypt, has entered into an agreement with WAVE SEVEN INVESTMENT RSC LTD (“Wave Seven”) to develop a 1.87 million sqm plot in Abu Dhabi, directly facing the iconic Saadiyat Island. The development will be executed through PHD North Jubail Property Development Comapny, a fully owned subsidiary of Palm Hills Developments SAE. The project lies adjacent to Saadiyat Island—close to the Louvre Abu Dhabi—and near landmark destinations including Yas Island, and Al Reem Island, making it one of the capital’s most prestigious and well-connected locations. Yasseen Mansour, Executive Chairman, comments: “We are proud to announce our first project outside of Egypt, marking a significant milestone in our company’s history. Abu Dhabi offers an exceptionally wellgoverned and forward-looking real estate environment, supported by government-led initiatives that continue to attract foreign investments and drive strong demand”.