Banque Misr and the Real Estate Development Chamber at the Federation of Egyptian Industries (FEI) signed on June 17 a cooperation protocol to stimulate local real estate financing.
Madinet Nasr for Housing and Development (MNHD) has secured an EGP 2.1 bn syndicated loan from three Egypt-based banks in funding for some of the developer's projects in New Cairo.
Social Housing and Mortgage Finance Fund (SHMFF) signed a joint cooperation protocol with the Suez Canal Authority and Banque Misr to allocate 1,200 units to the authority's workers union
Egypt’s New Urban Communities Authority (NUCA) has concluded a securitization bond issue worth EGP 4 bn to finance a number of its underway megaprojects cross-country
Marakez for Real Estate Investment, a subsidiary of Saudi Arabia's Fawaz Alhokair Group, has obtained an EGP 1.5 bn loan facility from five banks to develop phase I of its latest commercial project in east Cairo, ...
Arab Contractors, an Egyptian construction and contracting company, will sell 4% of its shareholding in El Mostakbal for Urban Development to two local banks
The Arab Bank for Economic Development in Africa (BADEA) agreed on September 27 to grant Egypt a line of credit (LOC) during its BoD meeting in Khartoum
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