2025-11-04
The Egyptian government has approved amendments to the interest rates on real estate financing initiatives for middle-income individuals. According to the decision, the interest rates will be adjusted to 8% and 12% decreasing instead of 3% and 8% decreasing respectively. These amendments will not apply to customers who have already applied for reservations through the previous "Housing for All Egyptians" initiative. The decision aims to support citizens in accessing affordable housing while adhering to the Central Bank of Egypt's initiatives.