An Egyptian-Gulf consortium agreed Friday to undertake three housing projects worth EGP 11.2 billion, presented during the …
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Blogging
Egypt’s Banking Sector: Beacon of Stability; CIB Chief writes
by Yomna Yasserby Yomna YasserIn his recent article at The Hill newspaper, high-profile Egyptian banking figure Hisham Ezz Al-Arab writes about the …
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Local bankers are joining the fight against a congressional proposal to audit the U.S. Federal Reserve’s policy …
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Banks
World Bank wants to Loan $1bn to ‘Polluted Villages Project’: Egypt Minister
by Yomna Yasserby Yomna YasserThe World Bank is interested in participating in the “polluted villages’ project” with $1bn in loans, Egyptian …
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Egypt News
New West Bank Settlements Destroy Egypt’s Efforts in Peace Talks
by Salma Aymanby Salma AymanEgypt’s foreign ministry condemned the building of new 450 Israeli housing units inside the West Bank in …
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Egypt’s housing ministry is in ongoing talks with the Arab Fund for Economic and Social Development (AFESD) …
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Real Estate
Egypt Mortgage Finance to disburse $100mn of World Bank next March
by Noha Gadby Noha GadThe Egyptian Mortgage Financial Fund (MFF) is about to disburse the World Bank-funded third tranche worth US$100 …
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Banks
Egypt Central Bank cuts Benchmark Rates as Inflation Outlook eases
by Yomna Yasserby Yomna YasserEgypt’s central bank made a surprise 50 basis-point cut in its main interest rates on Thursday, saying …
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Real Estate
World Bank to resume $1bn Loan Talks for Egypt’s Sanitation Project Next Jan 17
by Yomna Yasserby Yomna YasserA World Bank delegation is visiting Egypt next January 18th to resume talks over US$1 billion loan …
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Egypt’s Ministry of Housing, Utilities & Urban Development announced Today new facilities for Dar Misr project for …