Moody’s Keeps Egypt Credit Rating at B2 Thanks to Economic Strength

• Tuesday, 15th December 2020
• by Invest Gate

Moody’s Investors Service has kept Egypt’s credit profile at “B2 stable,” with a stable outlook underpinned by the country's economic strength.

Gov’t Extends Online Reservation for New Mallawi Plots

• Monday, 13th July 2020
• by Invest Gate

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has announced the extension of the online reservation period for 204 land plots in Upper Egypt's New Mallawi for an additional week.

New Aswan Sees Delivery of 1,506 Housing Units

• Sunday, 29th September 2019
• by Invest Gate

The Ministry of Housing handed over on September 28 the first batch of social housing units in New Aswan to beneficiaries, presenting 1,506 out of the total 3,951 properties allocated to low-income citizens.

TMG to Set Up Mortgage Finance JV With GB Capital, EFG Hermes

• Thursday, 18th April 2019
• by Invest Gate

Talaat Moustafa Group (TMG) Holding has agreed to establish a mortgage finance joint venture (JV) with GB Capital, financing subsidiary of GB Auto, and EFG Hermes, in a bid to serve Egypt’s growing population of h ...

Saudi Austerity Measures Dampening Home Ownership Drive -JLL

• Tuesday, 25th October 2016
• by Karim Mohy

Saudi Arabia's austerity drive is increasingly pressuring its people's ability to buy their own homes, possibly pushing down housing prices by nearly a third.