Gov’t to Finalize 648 Social Housing Units in New Assuit

Egypt's housing ministry is on the verge to finalize 648 social housing units, within 27 buildings, in New Assiut, as part of the state's plan to provide affordable housing to low-income citizens.

UAE’s Lootah Introduces Modern Lifestyle Compound in Jumeirah

UAE-based Lootah Real Estate Development has announced plans to launch "Living Garden," a modern lifestyle compound comprising affordable studios and one-bedroom apartments, in the up-and-coming neighborhood of Ju ...

Royal Eyes EGP 250 mn Sales of Egyptian Projects in 2019

Egypt-based Royal for Real Estate Development aims to achieve sales worth EGP 250 mn from its array of projects across the country in 2019.

MNHD Signs Deal to Finance Nasr Gardens Compound in West Cairo

Madinet Nasr for Housing and Development's (MNHD)'s board of directors has mandated the company's managing director to ink a protocol with a real estate finance company to fund housing units of Nasr Gardens compou ...

Gov’t Officials Agree to Raise Mortgages by EGP 40 bn

Mortgage Finance Fund's (MFF) board of directors have signed a cooperation protocol with the finance ministry to raise the value of mortgages provided to low-income citizens by an additional EGP 40 bn, bringing th ...

CBE Sets New Measures for Mortgage Finance Initiative

The Central Bank of Egypt (CBE) has put in place new policies and measures on the bank's mortgage finance initiative and its subsequent amendments, limiting it to financing low-income citizens only.

GCC Countries Exert Efforts to Offer Affordable Housing

GCC countries are strengthening their efforts to give more access to affordable housing for low- and middle-income households.

Lootah Real Estate Begins Delivering The Waves

UAE's modern real estate developer Lootah Real Estate Development has announced the on-time completion and delivery of its latest residential project in Jumeirah Village Circle (JVC), The Waves, catering to the "e ...

Qatar to Invest USD 250 mn in Affordable Housing, India

Qatar Holding Llc is to invest USD 250 mn in Arthveda Fund Management Pvt. Ltd’s new Affordable Housing Fund

Madbouly: Affordable Housing Shortage to be Resolved in 4 Years

The shortfall of affordable housing in Egypt will be resolved within four years based on the current rate of construction implemented under the social housing program, according to Mostafa Madbouly, Minister of Housi ...

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