Arabia Holding debuts over 100 units in Galleria project

Arabia Holding debuts over 100 units in Galleria project

Company signed protocol with aiBANK to finance clients, negotiates with other banks, says chairperson. Comments Off on Arabia Holding debuts over 100 units in Galleria project. Arabia Holding has offered over 100 units in its Galleria project, part of a Central Bank of Egypt (CBE) initiative providing fixed 5% interest rate mortgage finance for middle-income earners.. Arabia Holding Chairperson Tarek Shoukry said the company has signed a cooperation protocol with the Arab Investment Bank (aiBANK), financing customers who buy units as part of the CBE's initiative.. Unit prices do not exceed EGP 2.25m for immediate delivery, which are the conditions governing mortgage finance as part of the initiative.. The Galleria project is made up of seven phases spanning over 71 feddans in New Cairo City's Golden Square, with about 50% of the units already sold..