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Property valuers get an updated rulebook adding data quality, ESG, and model valuation chapters
The new 140-page manual is the first update since 2015. The full text has not yet been released, pending Official…
Open-house model makes Egypt debut as buyers become more selective
The new model puts the homebuying experience at the center of the sales pitch
CBE raises rates on subsidized mortgage initiatives for low- and mid-income borrowers
The new rates apply to fresh loans starting 15 October
Redrafted Labor Act receives provisional approval from House committee. PLUS: News from Kazyon, Tez Tours, Huawei, B-Well
The redrafted bill will be sent to the cabinet for approval and then referred back to the House
Fresh capital requirements for mortgage finance firms + more approved by the cabinet
The cabinet approved amendments hiking the capital requirements for mortgage finance firms to EGP 100 mn
How did non-banking financial services perform during 4Q 2023?
The value of leasing contracts jumped about 68% y-o-y to almost EGP 39 bn in 4Q
How did non-banking financial services perform during 3Q 2023?
Mortgage financing fell almost 42% y-o-y during 3Q 2023
Beltone pushes into mortgage financing, targeting secondary market with faster turnaround times
The company plans to offer the shortest processing time in the mortgage finance market
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