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Five banks launch electronic payment of mortgage installments
Five banks began on Sunday collecting mortgage payments electronically under the Central Bank of Egypt (CBE) and Mortgage Finance Fund’s…
MBG Development plans EGP 10 bn new capital housing project
MBG Development plans to launch a EGP 10 bn, 100-feddan housing project in the new administrative capital in partnership with…
Egypt’s HDB Chairman Fathy El Sebai resigns
MOVES- Housing & Development Bank (HDB) Chairman Fathy El Sebai has resigned from his post for undisclosed reasons, Al Mal…
HHD 10% stake + management contract to be awarded at the end of January -Tawfik
EXCLUSIVE: HHD 10% stake + management contract to be awarded at the end of January -Tawfik: NI Capital will choose…
Earnings watch: HHD posts EGP 29 mn profit in 3Q2019
EARNINGS WATCH- Real estate company Heliopolis Housing and Development posted net profits of EGP 29.4 mn in 1Q2019-2020, up from…
Nasr, Maait drum up British investments in Egypt during UK doorknock mission
Nasr, Maait drum up British investments in Egypt during UK doorknock mission: Investment Minister Sahar Nasr and Finance Minister Mohamed…
Heliopolis Housing to sell 22-25% stake in 1Q2020, Tawfik says
PRIVATIZATION WATCH- HHD to sell 22-25% stake in 1Q2020, Tawfik says: State-owned Heliopolis Housing and Development (HHD) will offer a…
Orascom Development Egypt begins phase two of Makadi Heights
Orascom Development Egypt has started work on a new phase in its Red Sea development Makadi Heights, the company announced…
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