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المصدر
Source: المصدر
11 Hrsالمصدر
Source: المصدر
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Prime Minister Dr. Mustafa Madbouly signed a financing agreement worth 10 billion Egyptian pounds from Bank of Egypt in favor of "Founders" company for real estate marketing, a subsidiary of "Hyde Park" Development. The financing aims to support the purchase and marketing of assets owned by the Urban Communities Authority, in addition to covering operational costs for various projects. The funding extends for up to 8 years and seeks to bolster the real estate sector, contribute to the development of residential, commercial, and administrative units aligned with Egypt’s 2030 Plan, and enhance economic activity in the country. This financing serves as a testament to the banking sector’s confidence in the development industry, supporting the government's plans to provide diverse housing units and stimulate related industries, thereby contributing to sustainable economic growth.
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