CBE Issues New Amendments to its Real Estate Financing Initiative

CBE amends some of the conditions of the real estate finance initiative for middle-income issued in December 2019,

El Gazzar Reviews Projects Progress in Capital Gardens City

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, declares the execution rate of several residential and services projects in Capital Gardens City.

New Real Estate Financing of EGP 100 bn for Low and Middle Income Announced

A new real estate finance initiative of EGP 100bn- allocated for low and middle incomes- is announced, confirms Mai Abdel Hamid, head of Social Housing and Mortgage Finance Fund

Reservation for “Housing for All Egyptians 2” Initiative is Open

Assem El Gazzar, Minister of Housing, Utilities, and Urban Utilities announces that the Social Housing and Mortgage Finance Fund (SHMFF) has opened the reservation for fully finished housing units, as part of Pres ...

CBE to Provide Funding for Middle-Income Mortgages

The Central Bank of Egypt (CBE) will reintroduce subsidized mortgages worth EGP 50 bn for middle-income individuals, thereof, a committee of members from the bank, local banks, and real estate developers will be f ...

192 Units to be Delivered in Sheikh Zayed As Part Of Dar Misr Project

Minister of Housing Mostafa Madbouly announced that the Sheikh Zayed City Authority will begin on April 22 the delivery of 192 housing units, 8 residential building, in the second phase of the middle-income projec ...

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