Norway’s central bank hiked on Thursday its benchmark interest rate by 50 basis and announced another potential …
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FeatureFinancial InstitutionsMoneyReal Estate
EFG Hermes, Madinet Nasr for Housing sign sale and leaseback deal
Egyptian investment bank EFG Hermes announced on Sunday that it had signed a sale and leaseback agreement …
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Al Baraka Bank Egypt, part of Bahraini Islamic lender Al Baraka Group, said on Tuesday its board …
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BanksFeatureMoney
One of Egypt’s oldest lenders prepares to launch its first digital bank in Q1-2022
Banque Misr, Egypt’s second biggest state lender, is expected to launch a digital bank in the homeland …
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Egypt’s central bank has launched on Tuesday a mortgage initiative, allocating 100 billion Egyptian pounds ($6.4 billion) …
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The Egyptian President Abdel Fattah El-Sisi issued the presidential decree no. 448 of 2020 for the approval …
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FeatureMoneyReal Estate
Egyptian state banks jointly launch new arm for investment, property development
Two Egyptian largest state-owned lenders; National Bank of Egypt (NBE) and Banque Misr have joined forces to …
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FeatureIndustry & TradeTech/AI
Egypt’s parliament Oks two deals for housing, water sectors – minister
Egypt’s parliament ratified two deals with the International Bank for Reconstruction and Development (IBRD), a financial arm …
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The Lebanese real estate sector has witnessed a spike in activity in the past three months despite …
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FeatureMoneyReal Estate
Egypt’s NUCA bonds wins The Banker’s “Securitisation Deal of the Year 2020- Africa
by Yomna Yasserby Yomna YasserA bond issued by Egypt’s New Urban Communities Authority (NUCA), part of the Ministry of Housing, has …