{"id":3909,"date":"2021-11-10T11:37:30","date_gmt":"2021-11-10T09:37:30","guid":{"rendered":"https:\/\/aqartrendeg.com\/?p=3909"},"modified":"2021-11-10T11:50:45","modified_gmt":"2021-11-10T09:50:45","slug":"el-batal-group-qnb-sign-mortgage-finance-protocol-for-6th-of-october-5th-settlement-units","status":"publish","type":"post","link":"https:\/\/aqartrendeg.com\/en\/3909\/","title":{"rendered":"El-Batal Group, QNB Sign Mortgage Finance Protocol for 6TH of October, 5th Settlement Units"},"content":{"rendered":"

El-Batal<\/strong><\/em> Group for Housing and Development signed a Cooperation Protocol with the Qatari National Bank (QNB Alahli) to offer mortgage finance to 600 units in the company\u2019s compounds \u201cRock Eden\u201d in the 6th of October and \u201cRock Vera\u201d in 5th Settlement District.
\nAll the units are fully finished according to conditions of mortgage finance in Egypt.
\nThe cooperation came as a part of the vital role played by El Batal Group in facilitating and offering high-quality service to its clients according to the directives of the state and the Central Bank of Egypt (CBE) initiatives and complying with the country\u2019s strategy in supporting mortgage initiative with low interest in order to provide residential units to all income levels.
\nThe Cooperation Protocol stated interests of 3% and 8% in case of applying for the mortgage finance initiative.<\/p>\n

\"\"
\nEl-Batal Group CEO Eng. Emad Doss, QNB Alahli CEO Mohamed Bedier, and associated teams from both sides attended the contract signing.
\nDoss stressed on the importance of mortgage finance initiatives in supporting the national economy generally, and the real estate sector specifically; as one of the vital sectors in the Egyptian economy and its improvement affecting other economic sectors, therefore, complying with the implementation of the country\u2019s sustainable development strategy through constructing new urban communities.
\nHe asserted that it is necessary to intensify efforts to support Egypt\u2019s sustainable development strategy, saying \u201cWe are very keen on supporting all the initiatives that could create a better life for the Egyptian citizen, especially when it comes to providing a suitable home and easing the process of owning it\u201d.
\nHe added that the client will pay a deposit of 20% of the total amount of the residential unit and gain a mortgage finance period up to 30 years.
\nFor his part, QNB Alahli CEO Mohamed Bedier said that offering mortgage finance on a long period and subsidized percentage of interest is considered as a gain to mortgage finance market as it is one of the most important mechanisms to revive the economic market in Egypt.
\nHe added \u201cThe signed protocol with one of the leading companies in the real estate market is complying with the bank\u2019s strategy that aims to support the real estate market specifically, and implementing the directives of the Central Bank of Egypt (CBE) in general.\u201d
\nHe noted \u201cThis comes in addition to reviving and increasing the mortgage finance section in the bank and meeting the needs of clients from both sides. We have designed the best funding offers for this cause\u201d.<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

El-Batal Group for Housing and Development signed a Cooperation Protocol with the Qatari National Bank (QNB Alahli) to offer mortgage finance to 600 units in the company\u2019s compounds \u201cRock Eden\u201d in the 6th of October and \u201cRock Vera\u201d in 5th Settlement District. All the units are fully finished according to conditions of mortgage finance in …<\/p>\n","protected":false},"author":1,"featured_media":3908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[1536,1533,1535,1534,1330,1538,1537],"class_list":["post-3909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-news","tag-6th-of-october","tag-el-batal-group","tag-emad-doss","tag-mohamed-bedier","tag-qnb-alahli","tag-rock-eden","tag-rock-vera"],"yoast_head":"\nEl-Batal Group, QNB Sign Mortgage Finance Protocol for 6TH of October, 5th Settlement Units - \u0639\u0642\u0627\u0631 \u062a\u0631\u064a\u0646\u062f - Aqar Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aqartrendeg.com\/en\/3909\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El-Batal Group, QNB Sign Mortgage Finance Protocol for 6TH of October, 5th Settlement Units - \u0639\u0642\u0627\u0631 \u062a\u0631\u064a\u0646\u062f - Aqar Trend\" \/>\n<meta property=\"og:description\" content=\"El-Batal Group for Housing and Development signed a Cooperation Protocol with the Qatari National Bank (QNB Alahli) to offer mortgage finance to 600 units in the company\u2019s compounds \u201cRock Eden\u201d in the 6th of October and \u201cRock Vera\u201d in 5th Settlement District. All the units are fully finished according to conditions of mortgage finance in …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aqartrendeg.com\/en\/3909\/\" \/>\n<meta property=\"og:site_name\" content=\"\u0639\u0642\u0627\u0631 \u062a\u0631\u064a\u0646\u062f - Aqar Trend\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/aqartrendeg\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-10T09:37:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-10T09:50:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/aqartrendeg.com\/wp-content\/uploads\/2021\/11\/1-1.jpg?fit=843%2C606&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"843\" \/>\n\t<meta property=\"og:image:height\" content=\"606\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@aqartrendeg\" \/>\n<meta name=\"twitter:site\" content=\"@aqartrendeg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3909\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3909\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/#\\\/schema\\\/person\\\/2775ef083d312aae2e203e40e9cac8e0\"},\"headline\":\"El-Batal Group, QNB Sign Mortgage Finance Protocol for 6TH of October, 5th Settlement Units\",\"datePublished\":\"2021-11-10T09:37:30+00:00\",\"dateModified\":\"2021-11-10T09:50:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3909\\\/\"},\"wordCount\":432,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3909\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/aqartrendeg.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/1-1.jpg\",\"keywords\":[\"6th of October\",\"El-Batal Group\",\"Emad Doss\",\"Mohamed Bedier\",\"QNB Alahli\",\"Rock Eden\",\"Rock Vera\"],\"articleSection\":[\"Companies News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3909\\\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/#organization\"}},{\"@type\":[\"WebPage\",\"SearchResultsPage\"],\"@id\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3909\\\/\",\"url\":\"https:\\\/\\\/aqartrendeg.com\\\/en\\\/3909\\\/\",\"name\":\"El-Batal Group, QNB Sign Mortgage Finance Protocol for 6TH of October, 5th Settlement Units - 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