Public Sector Endows 60% of Egypt’s Annual Property Investments: Abbas

• Wednesday, 23rd December 2020
• by Invest Gate

Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas has confirmed that the annual investments in the real estate sector stand at EGP 700 bn - EGP 800 bn, of which 60% ar ...

TMG to Set Up Mortgage Finance JV With GB Capital, EFG Hermes

• Thursday, 18th April 2019
• by Invest Gate

Talaat Moustafa Group (TMG) Holding has agreed to establish a mortgage finance joint venture (JV) with GB Capital, financing subsidiary of GB Auto, and EFG Hermes, in a bid to serve Egypt’s growing population of h ...

EFG Hermes to Set Foot in Insurance, Mortgage Sectors

• Wednesday, 28th November 2018
• by Invest Gate

Egypt's investment bank EFG Hermes is planning to expand by adding insurance and mortgage lending to its services after getting regulatory approval, while also seeking to set foot in a new market in Asia or Africa ...

Egypt Tops World’s Fastest Growing Mortgage Markets

• Wednesday, 22nd March 2017
• by Fatma Khaled

Egypt tops the world’s fastest growing mortgage markets and anticipates an expansion of 18.9% in mortgaged homes in 2017, Invest-Gate reports.