The credit crunch offers opportunities for finance companies to consolidate and gain market share amongst their weaker rivals.

Companies operating in other areas of finance such as Student Loans are moving in using their deep pockets to give potential investors loans to acquire property in Egypt.

Perhaps all is not doom and…

DAMAC Properties, a part of DAMAC Holdings, is the biggest private
sector luxury developer of the Middle East. It has received the ISO
9001:2000 certification for its Egypt ventures. Until now, DAMAC has
launched five projects in Egypt like the private gated communities of
Hyde Park and Centre Ville, the twin retail projects…