HDB mulls establishing up to EGP500 million real estate fund
Fathy Al Sebai, Housing and Development Bank (HDB)’s Chairman said the bank is studying the establishment of a real estate fund with capital between EGP200 million to EGP500 million in the current year. Al Sebai added the bank wishes to fund the Suez Canal projects, as it is considered axis of development in Egypt. (Arab Finance)
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