Last Update 19:21
Friday, 15 November 2019

Court postpones case of Al Waleed Bin Talal and Palm Hills

Egypt's administrative court today postponed the review of a lawsuit calling for the annulment of land sales to two major developers

Marwa Hussein, Tuesday 4 Jan 2011
Palm Hills1
(photo: Foad Mansour)
Views: 2275
Views: 2275

Egypt's administrative court today postponed the review of a lawsuit calling for the annulment of land sales to the Palm Hills Development (PHD) project in New Cairo as well as for Kingdom Agricultural Development land acquisition, which are alleged of violating the law regulating tenders and auctions.     

The lawsuit against Palm Hills, filed by Hamdi al-Fakharani, owner of a construction company, claims the contract, in which 960,000 square metres of land were assigned by direct order to the company, violates the law regulating tenders and auctions.

“We presented today to the court the commercial register of Palm Hills which proves that the El Mansour and El Maghraby Investment and Development Company is a main shareholder in Palm hills,” said al-Fakharani’s lawyer, Khaled Ali, to Ahram Online.

Khaled Ali and others accuse the Housing Minister Ahmed Al-Maghrabi and the former Transport minister, Ahmed Mansour, of owning a stake in Palm Hills Developments, in violation of the Constitution, which stipulates that ministers may not purchase state land while in office

In the second case to be postponed, the Saudi prince Al Waleed Bin Talal, the owner of Kingdom Agricultural Development, is accused of being allocated 100 thousand feddans in Toshka, South of Egypt, by the Egyptian government for which he only paid LE2 million ($0.34 million) in the late 1990s. The land is valued at LE 5 million ($0.86 million).

The cases were filed after the court issued a verdict in September last year declaring that Talaat Mustafa Group’s (TMG) contract with the ministry of housing for ownership of Madinaty Compound's land through direct land allocation was illegal.

Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.