Education spending tops 2.5% of GDP, remittances near $40bn: HDB CEO
Yahia Aboul Fotouh, Chief Executive Officer of Housing and Development Bank (HDB), said the banking sector views investment in education as a cornerstone of sustainable development and human capital formation, stressing that financing education is a long-term investment that supports
HDP launches Grand Lane residential project in New Cairo with EGP 50bn investments
Housing and Development Properties (HDP), the real estate development arm of the Housing and Development Bank, has announced the launch of its new residential project, Grand Lane, in New Cairo, with total investments estimated at approximately EGP 50 billion. The
PFI Asset Management launches first sponsored mutual fund ‘PFI Cashi’
PFI Asset Management has announced the launch of its first sponsored mutual fund, the PFI Money Market Fund “PFI Cashi,” marking a key milestone in the company’s growth and diversification strategy. The new fund brings the total number of funds
HDB conducts cyberattack simulation in collaboration with Google Mandiant
The Housing and Development Bank (HDB) has conducted a tabletop exercise simulating a cyberattack, in collaboration with Google Mandiant, a global leader in cybersecurity and incident response. The exercise aimed to assess the efficiency and effectiveness of the bank’s cybersecurity