Egypt: SHMFF, SAIB renew cooperation to provide $31.5mln in social housing mortgages

The new protocol renews a previous agreement signed in September 2020

Staff Writer, Arab Finance

December 11, 2025

PHOTO

Arab Finance: The Social Housing and Mortgage Finance Fund (SHMFF) has signed a cooperation protocol with Societe Arabe Internationale de Banque (SAIB) to provide EGP 1.5 billion mortgages for low- and middle-income citizens who have applied for housing units through the fund and meet its criteria, as per a statement.

The protocol strengthens the fund’s cooperation with the banking sector to support applicants for social housing units.

The new protocol renews a previous agreement signed in September 2020.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO