
Government further expands in middle-income housing projects
18,857 new units offered in Sakan Misr, Dar Misr, and Jannah projects
18,857 new units offered in Sakan Misr, Dar Misr, and Jannah projects
Total of 1.7m jobs across Middle East projected to be lost in 2020
Hegazy attributed the bank’s success in being able to finance its large number of clients to its ongoing cooperation with concerned parties, such as the CBE and the Mortgage Finance Fund (MFF), in addition to covering all geographic areas in Egypt
70.8% of the units were implemented through private sector investments of EGP 15.5bn
Government and developers need to cooperate in fixing the shortfall, JLL suggested
CBE launched mortgage initiative last April worth EGP 10bn for real estate financing involving funding housing for low-middle income classes at concessional terms