Egypt’s government, the Central Bank of Egypt (CBE) and real estate developers agreed on procedures to fund housing units, in order to contribute to spurring the real estate investment sector.

This agreement was made during a meeting chaired by Prime Minister Mostafa Madbouli in the presence of Central Bank Governor Tarek Amer, Minister of Housing, Utilities and Urban Communities; Assem al-Jazzar and officials from the banks in addition to real estate developers.

Read more on: https://aawsat.com/english/home/article/1651641/egypt-sets-new-procedures-fund-housing-units/