Mortgage Finance Initiative Hits Milestone, Jio Financial Services Announces JV with BlackRock

Banks and companies contribute EGP 68.85bn to mortgage finance initiative for low-income individuals in Q1 2024. Jio Financial Services shares spike 5% after company announces joint venture with BlackRock. Plus, Pakistan and IMF discussing new multi-billion-dollar program, and local real estate finance firm hunts for deals after lining up $50M war chest.

Sources:
https://www.dailynewsegypt.com/2024/04/16/banks-companies-contribute-egp-68-85bn-to-mortgage-finance-initiative-for-low-income-individuals-in-q1-2024/
https://www.livemint.com/market/stock-market-news/jio-financial-services-shares-spike-5-after-company-announces-jv-with-blackrock-11713239692295.html
https://economictimes.indiatimes.com/news/international/world-news/pakistan-and-imf-discussing-new-multi-billion-dollar-program-finance-minister-says/articleshow/109331922.cms
https://richmondbizsense.com/2024/04/16/local-real-estate-finance-firm-hunts-for-deals-after-lining-up-50m-war-chest/

Outline:
(00:00:00) Introduction
(00:00:50) Banks, companies contribute EGP 68.85bn to mortgage finance initiative for low-income individuals in Q1 2024
(00:04:16) Jio Financial Services shares spike 5% after company announces JV with BlackRock
(00:06:44) Pakistan and IMF discussing new multi-billion-dollar program, finance minister says
(00:08:47) Local real estate finance firm hunts for deals after lining up $50M war chest