Egyptians for Housing and Development Company is seeking to increase its profits to 300 million Egyptian pounds …
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Banks
Egypt: New measures to reduce consumer loans and diversify banks’ client base
by aya salahby aya salahEgypt’s central bank (CBE) has unleashed new measures to limit retail and consumer loans and to encourage …
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Egypt’s central bank said Monday it had amended credit market rules to encourage banks to lend to …
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Egypt’s economic growth is forecasted to slow to 3.8 percent in financial year 2015/16 from 4.2 percent …
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Egypt’s Nasser Social Bank is targeting a long-term investments estimated at 6 billion Egyptian pounds (US$766 million) …
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Egyptian Prime Minister Sherif Ismail said Monday that the World Bank’s approval of a three-billion-dollar loan gives …
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Hungary is ready to finance two projects related to housing and desalination fields in Egypt, said Egyptian …
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Egypt is negotiating two loans worth US$1 billion from the World Bank to fund the country’s development …
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Banks
World Bank agrees to raise Egypt’s portfolio to $6bn: minister
by Yomna Yasserby Yomna YasserThe World Bank agreed to raise Egypt’s portfolio from $5.5 billion to $6 billion, increasing the bank’s …
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Real Estate
Egypt’s stalled $35bn housing scheme: big dreams to harsh reality
by Yomna Yasserby Yomna YasserWhen Abu Dhabi-run contractor Arabtec signed a deal with the Egyptian government for a high-profile housing project …