Housing and Development Bank Company was established as an Egyptian joint-stock company with extensive experience in real estate development. It was founded in 2006 with substantial capital, amounting to approximately 300 million Egyptian pounds or more.
The company was founded through the collaboration of three major entities:
- Housing and Development Bank Company, which holds a stake of around 60% in the company.
- Housing and Development Bank Company, which owns approximately 38% of the company.
- The Workers’ Insurance Fund of the bank, which holds a small 2% share.
Housing and Development Bank Company aims to become one of the leading real estate companies in the Middle East, not only in Egypt. The company engages in a diverse range of real estate activities, including residential, tourist, commercial, administrative, and industrial projects.
Housing and Development Bank Company demonstrates its commitment to excellence by delivering high-quality projects. Thanks to its extensive experience, the company has been able to attract a large number of customers and build a successful track record of achievements and projects.
Among the prominent projects of Housing and Development Bank Company are:
- Le Rêve Project, located on major axes and in close proximity to the American University.
- Pearl de Rawda, a mixed-use commercial, administrative, and residential project in the New Cairo Services Area.
- Talah Residential Compound in the First Urban Area of 6th of October City.
- Ishraqa Project in the First Urban Area of 6th of October.
- A residential building in the Sheraton Al-Matar area in Cairo.
- Talaat El-Taimour Towers on Al-Mataria Street in Midan Al-Sawah, Palace of the Dome.
Housing and Development Bank Company continues to deliver upscale projects that meet the aspirations of its customers and keep pace with modern developments, aiming to strengthen its position as a leading player in the real estate development industry.