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AT Lease seeking EGP 1 bn of financing from banks this year
Al Tawfeek Leasing (AT Lease) is seeking EGP 1 bn in financing from banks this year to raise its available…
AIND agrees to UE Finance buyout
M&A WATCH- AIND agrees to buyout UE Finance: Arabia Investment, Development and Financial Investment Holding Company (AIND) has agreed to…
FRA sets a minimum quota for SME leasing and insurance
Microinsurance and financial leasing firms will be required to create designated accounts of a minimum EGP 10 mn to support…
Egypt sets rules for leasing and factoring companies to appeal FRA decisions
REGULATION WATCH- Madbouly sets framework for leasing and factoring companies to appeal FRA decisions: Prime Minister Moustafa Madbouly issued on…
Pharos to launch Egypt microfinance company
Pharos to launch a microfinance venture in 1Q2019: Our friends at Pharos Holding will expand into microfinance in 1Q2019, co-CEO…
FRA issues corporate governance guidelines for factory and leasing companies
REGULATION WATCH- The Financial Regulatory Authority issued corporate governance guidelines for factoring and leasing companies on Monday. The regulations govern…
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