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 ...

SHMFF Attempts to Automate its Real Estate Financing Services

The Social Housing and Mortgage Finance Fund (SHMFF) has signed a cooperation protocol with the Ministry of Communications and Information Technology to automate its services, in a move aimed at developing a digit ...

El Gazzar Reviews Implementation of Social Housing Units

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has followed up on the implementation of social housing units across several governorates and new cities.

The United Bank Grants EGP 130 mn Mortgages in H1: Official

Head of Real Estate Finance Sector at The United Bank of Egypt Ayman Mohamed has affirmed that 1,000 clients were granted EGP 130 mn worth of mortgage financing in H1 2020.

CBE Announces Unified Conditions for Real Estate Financing

The Central Bank of Egypt (CBE) has announced unified conditions that banks should abide by when providing real estate financing for citizens with limited incomes, according to a statement released by the CBE.

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