The government is mulling setting up a fund to support mortgages for middle-income earners, according to a cabinet statement released following a meeting yesterday between Prime Minister Moustafa Madbouly, Central Bank Governor Tarek Amer and Housing Minister Assem El Gazzar. The suggestion for the fund was well received at the meeting and the PM has asked relevant officials to prepare a detailed vision for it, the statement added.
More from Enterprise
Banque du Caire’s blockbuster IPO holds firm against EGX selloff
The IFC and the EBRD are in for USD 100…
Electricity Ministry studies changing how your electricity bill gets calculated
The plan is still under study, and neither of the…
EGX30 sheds 4.43% in October to post its first back-to-back monthly loss of 2026
The benchmark fell 4.43% and the small caps twice as…
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a…