Kadmar Group launched a USD 24 mn expansion to its logistics zone in Ain Sokhna Industrial Zone, according to a statement. The expansion expands the zone’s storage capacity by 34k tons per year to reach 50k tons.The first phase of the zone was launched in 2023.

GB Lease and Factoring closes its largest securitization bond issuance

GB Capital’s GB Lease and Factoring closed a EGP 4.2 bn securitized bond issuance, marking its largest securitization transaction yet and the largest financial leasing securitization in Egypt in 2025, according to a statement (pdf).

ADVISORS- CIB, CI Capital Holding, and Arab African International Bank (AAIB) acted as financial advisors and lead arrangers on the issuance, while the National Bank of Egypt, CIB, Suez Canal Bank, AAIB, and Banque du Caire served as underwriters. El Dreny & Partners provided counsel, Baker Tilly acted as the financial auditor, and Meris was the rating agency.

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