Tatweer Misr, a real estate developer, has signed an agreement with First Abu Dhabi Bank (FAB), Egypt branches , to offer mortgage facilities at competitive interest rates, and payment lasting up to 15 years for new and existing clients.
This partnership is in line with Tatweer Misr’s strategy to stimulate sales and facilitate the benefits of mortgage services, strengthening the overall purchasing power.
Under the agreement, Tatweer Misr’s client will benefit from various financing solutions at competitive rates, whether looking to purchase housing units or to finance finishing. The bank will provide up to 85% of the price of a ready to- move in units in its first home projects. Additionally, the new service ensures competitive interest rates, financing units up to EGP 15 Mn with payment lasting up to 15 years.
BEBA holds its 8th webinar tackling future of investment in education in Egypt
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Tatweer Misr Innovation Competition Crowns Winners of the Fourth Round
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PROJECTS: Egypt s Tatweer Misr to start construction of D-Bay project in Q1 2022
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The shooting was related to an earlier incident at a gas station on 7th Street and Redondo Avenue where a suspect tried to carjack a man with a gun while he was pumping gas at about 3:40 a.m., police said. The suspect fled on foot before police got there and the victim was uninjured, police spokeswoman Allison Gallagher said.
However, at about 5:25 a.m., the gunman came into the Arco and demanded money, the family that owns the gas station said.
After taking the money, about $200 in $5 bills, the gunman shot the 23-year-old clerk in the neck, according to Ahmed Shalaby, who is the son of the station’s owner. Police said the suspect again fled the scene on foot and detectives believe the two incidents are related.