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Central Bank of Egypt to launch mortgage finance program in March
CBE to launch mortgage finance program next month: The Central Bank of Egypt (CBE) is finalizing its mortgage finance program…
HOUSING
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Jaz hotels to invest EGP 2.5 bn this year to build 4 hotels
Travco subsidiary Jaz Hotel Group is planning to invest EGP 2.5 bn this year to build four new hotels in…
HHD posts EGP 351.3 mn profit in 2H2019
EARNINGS WATCH- Real estate company Heliopolis Housing and Development (HHD) posted net profits of EGP 351.3 mn in 2H2019, up…
Pioneers Holding to invest EGP 3 bn through its subsidiaries in 2020
INVESTMENT WATCH- Pioneers Holding plans to invest EGP 3 bn through its subsidiaries by the end of this year, according…
Deadline for HHD 10% stake + management contract bids extended until February
PRIVATIZATION WATCH- Deadline to bid for 10% stake in HHD with management rights extended until February: Heliopolis Housing & Development…
NACCUD to increase land prices by up to 20% this year
The New Administrative Capital Company for Urban Development (NACCUD) will raise land prices in the new capital by up to…
Ashraf Salman appointed as City Edge Chairman, Ahmed Wehashi joins board
MOVES- Ashraf Salman appointed City Edge chairman, Ahmed Wehashi joins board: The City Edge board has approved the appointment of…
Heliopolis Housing to extend management rights contract to 10 years
PRIVATIZATION WATCH- HHD to extend management rights contract to 10 years: State-owned Heliopolis Housing and Development (HHD) has decided to…
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