HSBC plc says net profit before tax in Egypt reached $235 million in the first half of …
Mortgage
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Egypt’s mortgage companies have granted funds estimated at 540 million Egyptian pounds ($60.7 million) during the first …
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Real Estate
United National Bank to provide mortgage for Misr Italia clients
by aya salahby aya salahEgypt-based property developer Misr Italia Holding signed protocol on cooperation with the United National Bank to provide …
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Egypt’s mortgage sector activity grew 12 percent during the first five months of 2016, Sherif Samy, Chairman …
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Egypt’s first-quarter mortgage activity surged by 30 percent, the head of Egyptian Financial Supervisory Authority, Sherif Samy …
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Real Estate
Egypt low-income citizens can apply for 500,000 affordable housing units: Minister
by aya salahby aya salahEgypt’s housing ministry announced on Thursday that low-income citizens will be able as of Saturday to purchase …
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Real Estate
Egypt’s banks pumped US$225mn among CBE’s mortgage initiative in 2 years
by aya salahby aya salahEgypt’s local banks injected 2 billion Egyptian pounds (US$225 million) in favour of the central bank’s low-income …
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Banks
Citigroup executives avoid U.S. charges over mortgage bonds – document
by Noha Gadby Noha GadU.S. authorities have decided not to pursue criminal charges against any Citigroup Inc (C.N) executives or employees …
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Egypt’s mortgage sector has jumped by 600 percent during January 2016, largely the mortgage companies has granted …
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Banks
CBE amends the mortgage finance initiative keeping in mind low-income earners
by aya salahby aya salahCentral Bank of Egypt (CBE) amended the mortgage finance initiative, which was issued in February 2014 to …