Egyptian banks start trading currency on Sunday without central bank restrictions for the first time after policy …
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The Bank of Japan (BOJ) held off Tuesday on expanding stimulus, despite pushing back the time frame …
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Real Estate
Soaring house prices in Sweden an unnecessary reality: Nordea bank
by Yomna Yasserby Yomna YasserNegative interest rates in Sweden have caused a situation where soaring house prices have become an “unnecessary …
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Banks
Sisi’s Long Live Egypt launches savings certificates in six banks
by Yomna Yasserby Yomna YasserThe Long Live Egypt Fund (Tahya Misr), a fund created by Egyptian President Sisi to assist national …
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A new $500 million World Bank loan will help create jobs in Upper Egypt by enhancing the …
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Real Estate
Will Egyptian government intervention bridge the country’s housing gap?
by Yomna Yasserby Yomna YasserThe main mission before the Egyptian Ministry of Housing is the provision of shelter for citizens for …
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Real Estate
1.2 mln housing units constructed in Egypt in five years; says CAPMAS report
by Yomna Yasserby Yomna YasserThe number of housing units built in Egypt during the past five years is 1.2 million, with …
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Banks
National Bank of Egypt says financed purchase of 12,5K low-cost homes
by Yomna Yasserby Yomna YasserNational Bank of Egypt (NBE) says it has secured mortgage finances for around 12,500 homes in favour …
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Banks
Egypt’s IDWBE Bank financed 1,000 low-cost homes, 3,000 more soon
by Yomna Yasserby Yomna YasserEgypt’s state-run Industrial Development Bank (IDWBE) says it has secured mortgage finances for 1000 housing units in …
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Real Estate
Heliopolis Housing in talks over 388 mln Egyptian pound credit facility
by Yomna Yasserby Yomna YasserEgypt’s Heliopolis Company for Housing and Development is negotiating with a number of banks and leasing firms …