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HDBEG scores EGP 1.07bn net profit in 2017

Performance indicators of the Housing and Development Bank (HDBEG) during 2017 revealed the bank’s success in achieving a net profit, after paying EGP 1.075bn in taxes, which the bank attributed to the professional policy of its senior management and the efforts of its employees. The gross profit before taxes reached EGP 1.49bn by the end …

Daily News Egypt

NUCA, HDBEG join forces to introduce City Edge Developments

Mostafa Madbouly, minister of housing, utilities, and urban development, attended the launch of the newly established City Edge Developments that revealed the company’s unique and distinctive vision in penetrating the real estate market. City Edge Developments, a partnership between the New Urban Communities Authority (NUCA) with 60%, the Housing and Development Bank (HDBEG) with 38%, …

Daily News Egypt

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