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The Housing and Development Bank (Arabic: بنك التعمير والإسكان) is an Egyptian bank established in Cairo on June 30, 1979, originally as a state owned enterprise (SOE), with a mandate to alleviate housing shortages by narrowing the gap between the low supply and increasing demand. [3]
First Abu Dhabi Bank - Misr (FAB), part of First Abu Dhabi Bank Group; Ahli United Bank - Egypt (AUB), part of Ahli United Bank Group; Faisal Islamic Bank of Egypt; Housing and Development Bank (HD-Bank), state-controlled; Al Baraka Bank of Egypt S.A.E. National Bank of Kuwait - Egypt (NBK), part of National Bank of Kuwait Group
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
When public housing production expanded in the 1950s, it was renamed as the Department of Housing and moved to the Ministry of Municipal and Village Affairs. [2] It was only in 1961, after a large scale restructuring of government offices, was the Ministry of Housing and Utilities established as an independent office.
The Housing Bank for Trade and Finance - Jordan United Bank Limited; Wholesale Conventional Banks ... National Egyptian Bank; National Investment Bank;
Modern self-built homes, and older rural houses near Ard El Liwa, Giza, with the Giza Pyramids in the background. Even though mathematically more housing than needed is produced in Egypt resulting in millions of vacant homes, [1] large portions of its residents live in inadequate housing that may lack secure tenure, safe drinking water and wastewater treatment, are crowded or are prone to ...
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The New Urban Communities Authority (Arabic: هيئة المجتمعات العمرانية الجديدة) is an Egyptian state owned enterprise (SOE) established in 1979 and affiliated to the Ministry of Housing. [1]