Egypt Launches New EGP 100 bn Mortgage Finance Initiative

Egyptian President Abdel Fattah Al-Sisi directs the Central Bank of Egypt (CBE) to launch a new mortgage finance program worth EGP 100 bn, Invest-Gate reports.

Real Estate Transactions in 2020 Hits USD 2.42bn

The annual real estate report issued by the Department of Land and Real Estate Regulation in Ajman has revealed the performance of the emirate’s real estate transactions in 2020 which worth USD 2.42bn

Beta Egypt Lists 100 West Cairo Units Under CBE Initiative

Beta Egypt for Urban Development and Banque Misr have partnered to provide mortgage services for the Egypt-based developer's various gated communities in west Cairo's October Gardens, thereby listing 100 residenti ...

SHMFF, Banque Misr Ink Protocol to Provide Mortgage for 1,200 Units

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

CBE Kicks off Initiative for E-Collection of Mortgage Payments

The Central Bank of Egypt (CBE), in collaboration with the Social Housing and Mortgage Finance Fund, has launched an initiative to start the collection of mortgage installments via e-payment methods in partnership ...

The Anticipated Nile Property Expo Kicks Off Today

The long- awaited Nile Property Expo, bringing together some of Egypt's biggest property developers, kicks off today in Abu Dhabi at the Abu Dhabi National Exhibition Center (ADNEC) following a lavish launch busin ...

Heliopolis Housing to Ink EGP 500 mn Lease Agreement Tomorrow

Egypt’s construction company Heliopolis for Housing and Development will sign a lease agreement with Al-Oula - El-Taamir for Mortgage Finance tomorrow, Invest-Gate reports.

Saudi Monetary Authority raises mortgage up to 85%

Saudi Arabian Monetary Authority (SAMA) has raised the loan limit for mortgages from 70 to 85% for first-time Saudi buyers, according to a statement

Dubai Issues Decree On Land Mortgages

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai issued a new decree on Tuesday regulating the mortgaging of government lands granted to individuals or businesses ...

Dubai Property Values Show Signs of Recovery -Report

Dubai's property values, on the decline since 2014, show signs of recovery as declines slow considerably, with some communities even recording a gain in prices, according to recent reports by Reidin-GCP on the change ...

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