El Sewedy Capital is looking to add financial leasing and microfinancing to its non-banking financial services, and establish an insurance company, said board member Abdel Rahman El Sewedy. The company has already been granted a license to offer financial leasing services, which it is expected to launch this year, he said. The expansion is timed to take advantage of the upcoming state privatization program. El Sewedy Capital was established last year and currently provides portfolio management services.

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