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MNHD obtains land plot adjacent to Taj City in a land swap agreement
Madinet Nasr Housing and Development (MNHD) reached an agreement with the Armed Forces Land Projects Agency to swap 93.5k sqm…
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Egypt’s parliament committees finalize Unified Building Code draft
LEGISLATION WATCH- House committees finalize Unified Building Code draft: The House housing, constitutional, and local management committees have finalized a…
Central Bank of Egypt launches its mortgage finance program
The Central Bank of Egypt (CBE) has launched its EGP 50 bn mortgage finance program for middle-income housing ahead of…
Mortgages in Egypt can now make up 10% of commercial bank portfolios
REGULATION WATCH- Central bank raises ceiling on mortgages as a percentage of bank loan books: Mortgages can now make up…
Concrete Plus Engineering signs EGP 1.8 bn syndicated loan agreement
Concrete Plus Engineering signed a EGP 1.8 bn syndicated loan agreement with the National Bank of Egypt and Qatar National…
Al Burouj Egypt to invest EGP 1.5 bn in new capital mall
Al Burouj Egypt will invest EGP 1.5 bn in the Sixty Business Park mall project in the new administrative capital,…
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…
Hussein Shoukry resigns from SODIC board
MOVES- Hussein Shoukry resigns from SODIC board: HC Securities Chairman Hussein Shoukry has submitted his resignation from the SODIC board…
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