People's Assembly in Egypt passed a Real Estate Mortgage Law 148 in the year 2001. According to the law, both banks and non-bank mortgage companies can issue mortgages.
In May 2002,Parliament approved amendments to the Banks and Credit Law that facilitated mortgage activities in banks and lowered property registration fees. Real estate registration fees were again lowered in 2003 and early 2004.
Egypt Insurance |
Egypt Real Estate
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