He said properties that are based in New Cairo but are not registered will be treated based on a third party agreement until they become registered. NBAD (NBAD) has this week launched a scheme allowing UAE natives and the country"s Egyptian expat population to purchase properties in Egypt using bank loans. Egypt"s property market is currently expanding and a UAE representative noted that there had been a "significant demand" for Egyptian property from current The National Bank of Abu Dhabi citizens; Egypt hopes to attract $ 60bn of foreign investment over the next four years . The loans, which are expected to come with high interest rates, are dependent on income and the repayment period is set at a maximum of this week .
NBAD (NBAD) has this week launched a scheme allowing UAE natives and the country"s Egyptian expat population to purchase properties in Egypt using bank loans. Egypt"s property market is currently expanding and a UAE representative noted that there had been a "significant demand" for Egyptian property from current The National Bank of Abu Dhabi citizens; Egypt hopes to attract $ 60bn of foreign investment over the next four years . The loans, which are expected to come with high interest rates, are dependent on income and the repayment period is set at a maximum of this week .