Beltone SMEs Boosts Growth with Doubling of Paid-in Capital to EGP 500 Mn, Achieves EGP 400 Mn Portfolio Milestone

Beltone Holding has reached a significant milestone through its subsidiary, Beltone SMEs, by doubling its paid-in capital from EGP 250 mn to EGP 500 mn, Invest-Gate reports.

Egypt’s Largest Door-Knock Mission Travels to UK for Investment Drive

A prominent Egyptian delegation, comprising government officials, business leaders, and distinguished investors, commenced a three-day visit to London, United Kingdom on Wednesday, as part of a pivotal door-knock ...

Egypt’s Ministers and CBE’s Officials Discuss Facilitating Real Estate Financing Procedures

Assem El Gazzar, Minister of Housing, Utilities and Urban Communities, and Omar Marwan, Minister of Justice, hold a meeting with the Central Bank of Egypt's (CBE) officials to discuss facilitating real estate fina ...

Egypt’s Stock Market Resumes Trading on CIB Shares

Egypt’s Stock Exchange has resumed trading Commercial International Bank (CIB) shares on October 25 after suspending it on October 23 at the request of the Financial Regulatory Authority (FRA)

FRA Raises Mortgage Funding Limit to 15%

The Financial Regulatory Authority (FRA) has signed off on allowing Egypt-based mortgage finance companies to lend up to 15% of their capital base to an individual household, instead of 10% earlier.

Cabinet Signs Off on Changes to Real Estate Funds Regulations

Egypt's Cabinet has approved some far-reaching legislative amendments to the Capital Markets Act, which governs real estate funds, in a bid to facilitate and reduce burdens halting property investment.

Egypt’s Mortgage Funding Down 84.2% in April: FRA

The Financial Regulatory Authority (FRA) has unveiled that Egypt’s mortgage finance activity dropped by 84.2% last April versus the year-ago figures.

Cabinet Amends Regulations of Real Estate Funds

Egypt's cabinet issued a decree on June 11 to amend the executive regulations of "Capital Markets Act," governing real estate funds, in an attempt to facilitate and reduce burdens halting real estate investment.

Mortgage Finance Loans Hit EGP 392.7 mn by End-April

Egypt’s Mortgage Finance Fund (MFF), targeting middle- and low-income citizens, provided loans worth EGP 392.7 mn in April versus EGP 127 mn in the year-ago period, amid a 208% surge in banks' key interest rates

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