Search results
Results From The WOW.Com Content Network
The bank is a joint-stock company, where at the end of 2021 Egyptian SOEs owned the majority of shares ( 29.81% New Urban Communities Authority, 8.92% Misr Life Insurance, 8.29% by Misr Insurance, and 7.41% by the Housing Projects Fund, 5.03% Ministry of Awqaf) in addition to significant holdings by Saudi Arabian businessmen Abdelmoniem al ...
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.
Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.
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]
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
Act No. 495 was issued on 23 September 1954 to establish the Institute for building researches in Egypt as an independent organization. In 1971, decision number 1871 was issued from the Prime Minister stating the affiliation of the Institute to the Ministry of Housing, Utilities and Urban Development.
NUCA was originally tasked with addressing housing issues in Egypt by developing new urban communities to redistribute the population of existing cities away from Egypt's Nile valley and delta, and into the desert in order to save agricultural land from being urbanized. [1]
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 ...