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FINANCIAL NEWS
Sale of vacation properties to grow by 40 pct in Egypt
03 May 2016
(MENAFN) The sale of vacation properties will increase between 30-40 percent this year owing to increased demand from Egyptians and Arabs.
Moreover, the reduction of the Egyptian pound against the dollar will be a substance for the growth of real estate investment in the coming period.
The firm is focusing its sales on Egyptians as well as nationals living abroad; while properties will also be sold to Arabs in the recent season.
In addition, the project involves 2,000 housing units differs between tourist villas and chalets, with investments of USD 0.20bn.
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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