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FRA approves legislative amendments to set up new database for mortgages
Mortgaged properties yet to be added to the national real estate registry are going to be logged on a new…
Contact makes first sukuk sale this year
Contact closes its second EGP 2.5 bn sukuk offering: Contact Financial Holding, formerly Sarwa Capital Holding, has closed its second…
Mercedes-Benz to set up Ain Sokhna logistic center
Mercedes-Benz will set up a logistics center in Ain Sokhna under an agreement with the Suez Canal Economic Zone (SCZone),…
Aldar gets more time for SODIC MTO
Aldar Properties has another 30 working days beyond a previous 2 August deadline to submit a mandatory tender offer for…
More details on the EGP 100 bn mortgage finance initiative
The new mortgage finance initiative for low- and middle-income earners came top of the agenda on the nation’s talk shows…
Subsidized 30-year mortgages are now a thing for low- and middle-income earners
The Central Bank of Egypt (CBE) launched today an EGP 100 bn mortgage financeinitiative for low- and middle-income earners, offering…
Real estate sector faces sweeping new regulations
A bill that would enact sweeping regulatory changes to the real estate sector is back from the dead: The House…
THIS MORNING: Subsidized mortgage program goes live next month; US earnings season starts this week; Branson goes to space.
Good morning ladies and gents — we have quite a packed issue for you this morning so let’s get to…
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