MFF Head: VAT, Dollar Value to Increase Real Estate Prices
Wednesday, 12th October 2016
The increasing value of the dollar and the new value-added tax (VAT) are expected to result in an increase in the prices of social housing units, according to Mai Abdel Hamid, Head of the Mortgage Finance Fund.
Mortgage Financiers Provide EGP 2.5 M for Citizens Earning Under EGP 2,500
Tuesday, 4th October 2016
Mortgage finance companies have provided only EGP 2.5 million to citizens with incomes lower than EGP 2,500 during the first eight months of 2016, according to the Egyptian Financial Supervisory Authority.