home about categories posts news
discussions archive recommendations faq contacts

Al-Ahly Mortgage Finance Targets EGP 4 Billion Portfolio by End of 2024

December 28, 2024 - 21:43

Al-Ahly Mortgage Finance Targets EGP 4 Billion Portfolio by End of 2024

Hatem Amer, Managing Director of Al-Ahly Mortgage Finance, a subsidiary of the National Bank of Egypt (NBE), announced that the company aims to achieve exceptional growth in its financing portfolio, targeting an expansion to EGP 4 billion by the end of 2024. This ambitious goal reflects the company's commitment to enhancing its services and meeting the growing demand for mortgage financing in the Egyptian market.

Amer highlighted that the company is focusing on strategic initiatives to attract more clients and improve customer satisfaction. By leveraging advanced technology and innovative financial solutions, Al-Ahly Mortgage Finance intends to streamline the mortgage application process and offer competitive rates.

The Egyptian mortgage market is witnessing significant growth, driven by increased demand for residential properties and government initiatives to promote home ownership. Al-Ahly Mortgage Finance's proactive approach positions it well to capitalize on these trends and solidify its presence in the sector. The company is optimistic about its future prospects as it works towards achieving its ambitious portfolio target.


MORE NEWS

Tesla Reports Q1 Earnings, Stock Surges Amid Musk's DOGE Comments

April 23, 2025 - 04:16

Tesla Reports Q1 Earnings, Stock Surges Amid Musk's DOGE Comments

Tesla reported first quarter earnings after the bell on Tuesday, revealing results that fell short of analysts` expectations. Despite the disappointing financial figures, the company`s stock...

Weatherford Welcomes New CFO to Strengthen Leadership Team

April 23, 2025 - 02:11

Weatherford Welcomes New CFO to Strengthen Leadership Team

HOUSTON, April 22, 2025 — Weatherford International plc has announced the appointment of Anuj Dhruv as the new Executive Vice President and Chief Financial Officer. This strategic move aims to...

Dividend Stocks to Watch Amid Market Fluctuations

April 22, 2025 - 19:47

Dividend Stocks to Watch Amid Market Fluctuations

In the wake of a 4.4% decline in the U.S. market over the past week, investors are increasingly turning their attention to dividend stocks as a source of income stability. Despite a flat overall...

Kato to Hold Meeting with US Treasury Secretary Bessent on Foreign Exchange Issues

April 22, 2025 - 08:54

Kato to Hold Meeting with US Treasury Secretary Bessent on Foreign Exchange Issues

Japan`s Finance Minister, Shunichi Kato, is preparing for an important meeting with US Treasury Secretary Bessent to address pressing foreign exchange (FX) matters. This meeting highlights the...

read all news
home categories posts about news

Copyright © 2025 Earnge.com

Founded by: Harlan Wallace

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy