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Infrastructure 
CBE raises rates on subsidized mortgage initiatives for low- and mid-income borrowers
The new rates apply to fresh loans starting 15 October
More cement production licenses incoming?
PLUS- CIB is planning to apply for a digital banking license early next year
Samih Sawiris says the state is finally recognizing investors’ importance
Sawiris added that the real estate market slowdown was a needed correction
EgyptAlum to invest EGP 6 bn in the current fiscal year
PLUS- The Finance Ministry will announce potential investments in Assiut in the coming days
Hyde Park plans to add 710 hotel rooms to its local portfolio over the coming years
PLUS- Abu Dhabi sovereign wealth fund ADQ’s Alpha Oryx trimmed its stake in CIB to 15.7%
Gov’t mulls low-interest financing for home buyers
The Real Estate Developers Chamber proposed rates between 8-12% depending on property size
Midar and Sodic to develop EGP 110 bn wellness-focused project in New Cairo
Sodic will develop a 500-feddan plot under a revenue-sharing model
Saudi’s Sumou Holding mulls Midar acquisition
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