Despite mixed performance in the first quarter of 2018, the various sectors of the property market in …
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"Housing Bank "
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The World Bank Group announced signing an agreement worth $500 million on Sunday with Egypt to develop …
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Real Estate
Egypt’s Madinet Nasr Housing, SODIC inch closer to tie-up deal
by Yomna Yasserby Yomna YasserEgypt’s Madinet Nasr Housing and Six of October Development & Investment Co. (SODIC) have reached an initial …
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Real Estate
Housing Ministry on track to execute 15 drinking water, sewage stations in Upper Egypt
by Yomna Yasserby Yomna YasserEgypt’s Housing Ministry says it is implementing 6 drinking water and 9 sewage stations in Upper Egyptian …
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Banks
Four banks team up to finance Zizinia El Mostakbal with 568mln pounds
by aya salahby aya salahA consortium of four banks including the National Bank of Egypt (NBE), Suez Canal Bank, and the …
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Banks
Egypt’s banks pumped 11 bln pounds among CBE’s mortgage initiative: Deputy Governor
by aya salahby aya salahEgypt’s local banks injected 11 billion Egyptian pounds (US$624 million) in favour of the central bank’s low-income …
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Real Estate
Egypt to seize new tranche from World Bank’s $550mn sewage loan before next June
by Yomna Yasserby Yomna YasserEgypt will attain a new tranche worth $100 million out of the World Bank’s $550 million loan …
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Banks
Arab Investment Bank to establish mortgage unit with 100 mln pounds capital
by aya salahby aya salahThe Arab Investment Bank would establish a new mortgage company with capital between 50 million Egyptian pounds …
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Banks
World Bank agency to provide credit facilities for Egypt’s solar energy flagship
by Yomna Yasserby Yomna YasserThe World Bank’s Multilateral Investment Guarantee Agency (MIGA) announced that it will provide Egypt with $102.6 million …
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Real Estate
Egypt’s Al-Abd to deliver two housing, infrastructure projects in Q1
by Yomna Yasserby Yomna YasserEgypt’s construction company Al-Abd says it prepares to deliver two housing and infrastructure flagships within the first …