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Will Abu Qir Fertilizers be next in the (revived) state privatization program?
The long-awaited sale of an additional stake by EGX-listed Abu Qir Fertilizers will go ahead within the next month, Public…
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…
CBE extends EGP 235 mn in mortgage financing
The Central Bank of Egypt (CBE) has extended an additional EGP 235 mn to mortgage companies to provide subsidized loans…
El Gazzar talks PPP housing projects with Egyptian real estate developers
Housing Minister Assem El Gazzar discussed setting up social housing projects under a public-private partnership (PPP) framework with representatives from…
Mortgage Finance Fund to receive USD 60 mn loan from World Bank in June
The Mortgage Finance Fund (MFF) will receive c.USD 60 mn from the World Bank this June, Chairman Mai Abdel Hamid…
CBE amends how state-subsidized mortgages to low-income households will be dispersed
CBE amends how state-subsidized mortgages to low-income households will be disbursed: The central bank amended the terms for how the…
Mortgage Finance Fund expects second tranche of World Bank loan
The Mortgage Finance Fund (MFF) is expecting a second tranche of USD 50 mn from the World Bank loan in…
Housing Ministry, CBE look to expand Mortgage Finance Fund by EGP 10 bn
The Housing Ministry is in talks with the CBE to extend the EGP 20 bn Mortgage Finance Fund with an…