Egypt's Housing and Development Bank joins alliance funding a $2.2B real estate project in New Cairo.

Egypt's Housing and Development Bank (HDB) is part of a banking alliance providing EGP 4.4 billion in financing for seven years to Saudi Egyptian Developers for a major real estate project called "Central" in New Cairo. The total project is valued at EGP 25 billion. The alliance includes several banks, and the financing aims to support major housing projects and sustainable development in Egypt.

November 09, 2024
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