CBE allocates $56mn to Mortgage Initiative
Central Bank of Egypt (CBE) allocated 500 million Egyptian pounds for mortgage firms among the first stage of…
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Mortgage
HSBC says H1 pre-tax net profit hit $235 mln in Egypt
HSBC plc says net profit before tax in Egypt reached $235 million in the first half of the 2016. The bank in Egypt…
Mortgage firms in Egypt grant funds of $60.7mn in H1 2016
Egypt's mortgage companies have granted funds estimated at 540 million Egyptian pounds ($60.7 million) during the…
United National Bank to provide mortgage for Misr Italia clients
Egypt-based property developer Misr Italia Holding signed protocol on cooperation with the United National Bank to…
Egypt’s mortgage activity grows 12 percent in five months
Egypt's mortgage sector activity grew 12 percent during the first five months of 2016, Sherif Samy, Chairman of the…
Egypt’s mortgage sector leapt by 30 pct in 2016
Egypt’s first-quarter mortgage activity surged by 30 percent, the head of Egyptian Financial Supervisory Authority,…
Egypt low-income citizens can apply for 500,000 affordable housing units: Minister
Egypt’s housing ministry announced on Thursday that low-income citizens will be able as of Saturday to purchase…
Egypt’s banks pumped US$225mn among CBE’s mortgage initiative in 2 years
Egypt’s local banks injected 2 billion Egyptian pounds (US$225 million) in favour of the central bank's low-income…
Citigroup executives avoid U.S. charges over mortgage bonds – document
U.S. authorities have decided not to pursue criminal charges against any Citigroup Inc (C.N) executives or…
Egypt’s mortgage sector leapt by 600% in 2016
Egypt's mortgage sector has jumped by 600 percent during January 2016, largely the mortgage companies has granted…
