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,…
Browsing Tag
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…
Housing and Development Bank to pump 3 bln Egyptian pounds into SMEs in 4yrs
Egyptian lender Housing and Development Bank (HDB) is planning to pump 3 billion Egyptian pounds ($335.2 million)…
EALB, HDB, Coldwell Banker targets Launch of Real Estate Funds in Egypt
The Egyptian Arab Land Bank, Housing & Development Bank, and Coldwell Banker are seeking to launch real estate…
Vodafone Egypt to Impose 1% Fees on Vodafone Cash Services by December
Vodafone Egypt starts to impose new fees on Vodafone cash services by 1% from the beginning of the next month which…
HDB-Egypt Aims to Open 6 New Branches by 2015
Housing and Development bank (HDB) is aiming to inaugurate from 4 to 6 branches by the next year so as to support…
Egypt’s SFD, HDB to Ink Two Contracts for Small Projects, Debit Account Today
Egypt’s Social Fund for Development (SFD) is to sign today two contracts worth EGP 60 million with Housing and…
NBE to Ink EGP250mn Contract with SFD to Finance Small Projects Tomorrow
National Bank of Egypt (NBE) will sign tomorrow a contract with Social Fund for Development (SFD) worth EGP250…
Misr Iran Bank’s Investments in T-Bills Fell to EGP1.4bn in September
Misr Iran Development Bank's investments fell to EGP200 million to register EGP1.4 billion in September in compared…
Misr Iran Joins Central Bank’s Housing Initiative Next Month
Egypt’s Misr Iran Development Bank announced allocation of EGP 150 million to participate within next month in the…
Credit Portfolio of Egypt’s HDB ups EGP7bn
Chairman and Managing Director of Housing and Development Bank (HDB) Mr. Fathy El Sibai said the loans portfolio…
Misr Life Insurance to Promote its Products via HDB by October
Misr Life Insurance Company is planning promoting its products through Housing and Development Bank (HDB) in…
Housing & Development Bank: 21% Rise in H1 Profit – Indicators
Egyptian lender Housing and Development Bank (HDB) posted 188 million Egyptian pounds in net profit in the first…
HDB Considers Financing 3000 Housing Units through CBE’s initiative
Housing and Development Bank (HDB) is considering financing around 3000 residential units according to Central bank…
Egypt’s Housing, 3 Banks Ink Protocol to Finance Two Units
Egyptian Housing Ministry has signed a cooperation protocol with Banque Misr, National Bank of Egypt (NBE), Housing…
MFF Secures EGP225mn for Egypt’s Housing Initiative – Phase I
Chairman of Mortgage Finance Fund (MFF) Mai Abdel Hamid said the volume of subsidiary which provided by the…
CBE’s Decision to Stop Gamayah Won’t Affect Mobile Payment Service
Senior sources in Mobile Phone operators asserted that the decision of Central bank of Egypt to stop some products…
AUB Says Retail Portfolio May Hit EGP450mn by June-End
Head of the Retail Banking division at Ahli United Bank (AUB) Ashraf Shabib expected that the retail banking…
Banque Misr, SFD in Talk over EGP100mn Islamic Contract for SMEs
Banque Misr is currently in talks with Social Fund for Development (SFD) in order to sign the first Islamic…
11 Egyptian Banks ink Protocol for Affordable Housing Initiative
Egypt's Mortgage Finance Fund signed today protocols of cooperation with 11 local banks to support low-income…
CBE Orders Reactivation of Vodafone Cash at Egypt Banks
The Central Bank of Egypt (CBE) approved reactivating Vodafone Cash service starting from tomorrow as it was…
SFD, United Bank Ink EGP50mn Islamic Contract for SMEs
Egypt-base Social Fund for Development (SFD) and United Bank are in talk over a new Islamic contract worth EGP50…
Exclusive – Who’s Who to Adopt Bancassurance Services in Egypt
Amwal Al Ghad publishes the list of companies and banks that are granted the Egyptian regulatory approvals to apply…
Housing and Developing Bank Attains EGP142.1mln Profits in Q1
Consolidated Financial Statements of Housing & Development Bank (HDB) revealed that the bank achieved…
C.Bank Mulls New Applications for Mobile Payment Service
It seems that Money Transfer Via Mobile Phone did not achieve the expected results since it applied in 2013 and…
CBE Grants Bank Audi Egypt ‘Mobile Payment’ Licence – Sources
Bank Audi S.A.E. is now licenced to offer its clients in Egypt the mobile payment services, according to banking…
Chimi Art Egypt Says to Launch EGP12mn New Plant by 2015
Chimi Art for Chemicals is planning to finalize its new plant for producing Ferric Chloride with EGP12 million…
Libya Insecurity Delays Egyptian HDB’s Expansions
Egyptian lender Housing and Development Bank (HDB) will not go on with its expansions in Libya in the meantime amid…
Misr Iran Targets Mobile Money Transfer Service Launch within H2/14
Misr Iran Development Bank (MIDB) revealed on Tuesday plans to apply the Mobile Money Transfer (MMT) service within…
Housing & Development Bank: Profits Surge to EGP283.4 mln in 9 Months
Egyptian lender Housing and Development Bank (HDB) has reported its consolidated financial results for the first 9…
Housing & Development Bank: Consolidated Profits Surge to EGP164.5 mln – H1
Egypt’s Housing and Development Bank reported its consolidated financial statements for the first 6 months of 2013…
6 Banks To Grant Hyde Park’s EGP1.2 bln Loan Next Tuesday
6 Banks will be signing the final contracts for Hyde Park’s Loan worth EGP 1.2 billion next Tuesday. The loan…