Social Housing Fund, Banque Misr Sign Protocol to Strengthen Cooperation in Mortgage Finance Field

The Social Housing and Mortgage Finance Fund and Banque Misr have signed a protocol to enhance cooperation in providing mortgage finance to low-income and middle-income citizens, Invest-Gate reports.

Egypt’s Housing Ministry Launches Green Low-Cost Housing Design Competition

Mai Abdel Hamid. CEO Social Housing and Mortgage Support Fund, launched the "Green Low-Cost Housing" design competition alongside Mohamed Masoud of the National Center for Housing Research, Invest-Gate reports.

El-Batal Group, QNB Sign Mortgage Finance Protocol

El-Batal Group signs mortgage finance protocol with QNB for 6th of October and 5th Settlement Units.

SODIC, CIB Pen Mortgage Finance Protocol

SODIC signs a collaboration protocol with the Commercial International Bank (CIB) – Egypt, to provide mortgage finance solutions to SODIC customers.

Al Ahly Sabbour Now Provides Mortgage Finance Via CIB

Al Ahly Sabbour, a leading developer in Egypt’s real estate market, reveals signing a tie-up with CIB to provide mortgage finance services of up to 20 years for its Green Square project in New Cairo, Invest-Gate r ...

IGI Lists Homes at Ashghar City Under CBE Initiative

IGI Real Estate says residential units at its gated community in west Cairo, “Ashgar City,” are now listed under the Central Bank of Egypt (CBE) real estate financing initiative, in a move that aims at revitalizin ...

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.

SHMFF Agrees to Offer 125,000 Housing Units Across Egypt

The Board of Directors of the Social Housing and Mortgage Finance Fund (SHMFF) has approved the offering of 125,000 residential units (100,000 social housing and 25,000 middle-income housing units), as part of pha ...

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.

CED, Al Oula Join Forces to Offer Various Mortgage Packages

Egypt's national developer City Edge Development (CED) and Al Tameer Mortgage Finance (Al Oula) have joined forces to provide a diverse range of mortgage financing activities to potential home buyers.

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