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RIYADH: Egypt’s Palm Hills Development is targeting 20 Egyptian billion pounds ($1.1 billion) in real estate sales this year, co-CEO Hazem Badran told Asharq. The company, which is the second-largest real estate firm listed on EGX30, achieved a 62 percent increase in its contractual sales to 5.5 billion Egyptian pounds last quarter. This was coupled with a 44 percent profit ....