HDB’s Housing and Real Estate Investment completes 70% of Eshraqa
Egypt’s Housing and Real Estate Investment Company (HDRIC), an affiliate of state-run Housing and Development Bank,…
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HDB
Housing and Development Bank posts 644 mln pounds net profit by end-2016
Egypt's state-run Housing and Development Bank (HDB) said Thursday net profit rose to 644.161 million Egyptian…
Egypt executes 55,000 units among Social Housing Project
The Egyptian government is currently carrying out 550,000 residential units as a part of Social Housing Project,…
Egypt’s state agriculture bank injects 635mn pounds in micro-sized project initiative
Egypt’s main agricultural lender, the Egyptian Agricultural Bank has pumped 635 million Egyptian pounds ($33.5…
Egypt’s state-owned Housing and Development Bank goes live on Temenos core banking system
Temenos (SIX: TEMN), the software specialist for banking and finance, announced on December 6th that one of Egypt’s…
Egypt’s Acumen to launch HDB’s property fund in Q1
Egypt-based investment bank Acumen Holding has won the management of the Housing and Development Bank’s (HDB)…
Acumen Beltone wins management of HDB bank’s 1st property fund
Acumen Beltone, a joint venture between investment banks Beltone Private Equity and Acumen Asset Management, is…
Sisi’s Long Live Egypt launches savings certificates in six banks
The Long Live Egypt Fund (Tahya Misr), a fund created by Egyptian President Sisi to assist national economy, has…
Four banks ink 20 billion Egyptian pounds social housing loan
Four Egyptian banks signed on Thursday the biggest financing deal in the history of the country’s housing sector,…
Four Egyptian banks brace for biggest ever loan to build 500k low-income homes
Four Egyptian banks will be arranging the biggest financing in the history of the country’s housing sector worth 20…