Egypt’s Housing and Real Estate Investment Company (HDRIC), an affiliate of state-run Housing and Development Bank, has …
HDB
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Banks
Housing and Development Bank posts 644 mln pounds net profit by end-2016
by nada nasserby nada nasserEgypt’s state-run Housing and Development Bank (HDB) said Thursday net profit rose to 644.161 million Egyptian pounds …
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The Egyptian government is currently carrying out 550,000 residential units as a part of Social Housing Project, …
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Banks
Egypt’s state agriculture bank injects 635mn pounds in micro-sized project initiative
by Yomna Yasserby Yomna YasserEgypt’s main agricultural lender, the Egyptian Agricultural Bank has pumped 635 million Egyptian pounds ($33.5 million) in …
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Banks
Egypt’s state-owned Housing and Development Bank goes live on Temenos core banking system
by Yomna Yasserby Yomna YasserTemenos (SIX: TEMN), the software specialist for banking and finance, announced on December 6th that one of …
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Egypt-based investment bank Acumen Holding has won the management of the Housing and Development Bank’s (HDB) newest …
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Banks
Acumen Beltone wins management of HDB bank’s 1st property fund
by Yomna Yasserby Yomna YasserAcumen Beltone, a joint venture between investment banks Beltone Private Equity and Acumen Asset Management, is mandate …
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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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Four Egyptian banks signed on Thursday the biggest financing deal in the history of the country’s housing …
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Banks
Four Egyptian banks brace for biggest ever loan to build 500k low-income homes
by Yomna Yasserby Yomna YasserFour Egyptian banks will be arranging the biggest financing in the history of the country’s housing sector …