{"id":612706,"date":"2023-12-27T00:00:00","date_gmt":"2023-12-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/"},"modified":"2023-12-27T00:00:00","modified_gmt":"2023-12-27T00:00:00","slug":"kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/","title":{"rendered":"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement"},"content":{"rendered":"

Kandil Glass x Beltone: <\/strong>Beltone Financial subsidiary Beltone Leasing and Factoring has inked an EGP 250 mn sale and leaseback agreement with Kandil Glass<\/a> for its real estate assets and production lines, Beltone said in a statement (pdf)<\/a> yesterday.<\/p>\n

Where\u2019s the money going?<\/strong> Kandil Glass said it will use the funds from the five-year agreement to finance working capital and investments needed to support its growth plans.<\/p>\n

A busy year for Beltone, full of leaseback agreements<\/strong>:<\/strong> Beltone\u2019s leasing arm has inked transactions worth over EGP 5 bn this year, that includes a EGP 1.2 bn sale and lease back agreement with Al Ahly Sabbour<\/a>, a EGP 750-mn agreement with Pickalbatros<\/a>, and a EGP 500-mn agreement with Hassan Allam Properties<\/a>.<\/p>\n

EXPLAINER<\/strong>-<\/strong>The sale-leaseback agreement:<\/strong> It\u2019s a transaction in which a company sells an asset, such as real estate, to a buyer (generally a financial institution), and then immediately leases it back from the buyer. This allows the company to free up capital tied to the asset while still retaining use and operational control over it. This type of financial arrangement is often used by businesses to generate cashflow, reduce debt, or finance other business activities while maintaining the use of essential assets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Kandil Glass will sell real estate assets and production lines to Beltone Leasing and Factoring<\/p>\n","protected":false},"author":1,"featured_media":612707,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8313],"tags":[7118,72,503,7119,7120],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-services","tag-beltone-leasing-and-factoring","tag-enterpriseam","tag-financial-services","tag-kandil-glass","tag-sale-leaseback","wpautop","entry"],"acf":{"mongo_id":"4c258ee8-5985-4878-8871-b5bf7f721141","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1732.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s Kandil Glass signs EGP 250-mn sale-leaseback agreement with Beltone","related_issue":[612699],"teaser":"Kandil Glass will sell real estate assets and production lines to Beltone Leasing and Factoring","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.1cfe9ba5-f018-44b6-8611-887ed0262559.mp3"},"yoast_head":"\nKandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement\" \/>\n<meta property=\"og:description\" content=\"Kandil Glass will sell real estate assets and production lines to Beltone Leasing and Factoring\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-27T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement\",\"datePublished\":\"2023-12-27T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/\"},\"wordCount\":210,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Beltone Leasing and Factoring\",\"EnterpriseAM\",\"financial services\",\"Kandil Glass\",\"sale-leaseback\"],\"articleSection\":[\"FINANCIAL SERVICES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/\",\"name\":\"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-12-27T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/","og_locale":"en_US","og_type":"article","og_title":"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement","og_description":"Kandil Glass will sell real estate assets and production lines to Beltone Leasing and Factoring","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-12-27T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement","datePublished":"2023-12-27T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/"},"wordCount":210,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1","keywords":["Beltone Leasing and Factoring","EnterpriseAM","financial services","Kandil Glass","sale-leaseback"],"articleSection":["FINANCIAL SERVICES"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/","name":"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1","datePublished":"2023-12-27T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/27\/kandil-glass-beltone-sign-egp-250-mn-sale-leaseback-agreement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Kandil Glass, Beltone sign EGP 250-mn sale-leaseback agreement"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1732.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":644244,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/23\/beltone-leasing-and-factoring-signs-a-egp-400-mn-agreement-with-madkour-group\/","url_meta":{"origin":612706,"position":0},"title":"Beltone Leasing and Factoring signs a EGP 400 mn agreement with Madkour Group","author":"enterpriseam admin","date":"23 September 2024","format":false,"excerpt":"The move follows a number of big agreements for Beltone Leasing and Factoring in the year since it rebranded","rel":"","context":"In "FINANCIAL SERVICES"","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1854.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":619904,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/13\/beltone-and-il-cazar-ink-egp-400-mn-sale-and-leaseback-agreement-and-factoring-facility\/","url_meta":{"origin":612706,"position":1},"title":"Beltone and IL Cazar ink EGP 400 mn sale and leaseback agreement and factoring facility","author":"enterpriseam admin","date":"13 May 2024","format":false,"excerpt":"The agreements include an EGP 200 mn sale and leaseback agreement and an EGP 200 mn factoring agreement.","rel":"","context":"In "FINANCIAL SERVICES"","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/796.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":657308,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/18\/beltone-leasing-and-factoring-inks-egp-350-mn-agreement-with-sekem\/","url_meta":{"origin":612706,"position":2},"title":"Beltone Leasing and Factoring inks EGP 350 mn agreement with SEKEM","author":"enterpriseam admin","date":"18 December 2024","format":false,"excerpt":"The agreement will include the sale and leaseback of SEKEM\u2019s real estate assets","rel":"","context":"In "FINANCIAL SERVICES"","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1709.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587910,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/04\/hassan-allam-properties-signs-egp-500-mn-sale-leaseback-agreement-with-beltone\/","url_meta":{"origin":612706,"position":3},"title":"Hassan Allam Properties signs EGP 500 mn sale-leaseback agreement with Beltone","author":"enterpriseam admin","date":"4 June 2023","format":false,"excerpt":"HAP will finance commercial and hospitality assets owned by two of its subsidiaries","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/69.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604301,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/29\/pickalbatros-beltone-sign-egp-750-mn-sale-leaseback-agreement\/","url_meta":{"origin":612706,"position":4},"title":"Pickalbatros, Beltone sign EGP 750 mn sale-leaseback agreement","author":"enterpriseam admin","date":"29 August 2023","format":false,"excerpt":"The Egyptian hotelier sold one of its hotels in Sharm El Sheikh to Beltone Leasing","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1331.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608599,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/23\/beltone-al-ahly-sabbour-sign-leasing-transaction-worth-egp-1-2-bn\/","url_meta":{"origin":612706,"position":5},"title":"Beltone, Al Ahly Sabbour sign leasing transaction worth EGP 1.2 bn","author":"enterpriseam admin","date":"23 October 2023","format":false,"excerpt":"Beltone x Al Ahly Sabbour:Beltone\u2019s Financial\u2019s leasing subsidiary has signed a sale and leaseback agreement worth EGP 1.2 bn with real estate developer Al Ahly Sabbour, the company said in a statement (pdf) yesterday. The details:The financing will be disbursed in two tranches of equal sizes, the second of which\u2026","rel":"","context":"In "FINANCIAL SERVICES"","block_context":{"text":"FINANCIAL SERVICES","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-services\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1088.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=612706"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612706\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/612699"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/612707"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=612706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=612706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=612706"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=612706"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=612706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}