Latest News for: Cairo leasing

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Banque du Caire achieves 120% surge in net profits surpassing EGP 5.7bn for H1 2024

Daily News Egypt 31 Aug 2024
... EGP 164m) and supporting the capital of Tally Digital Payments by EGP 75m and Cairo Leasing by EGP 98m to expand their operations and introduce new activities, including mortgage financing.
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Cairo’s real estate market poised for growth amid currency stabilisation: JLL report

Daily News Egypt 29 Jul 2024
As market conditions stabilize and business confidence grows, Cairo is set to receive approximately 540,000 sqm of new office space in the second half of the year, primarily in the New Administrative Capital (NAC) and New Cairo.
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ASALDI Properties completes 1st phase sales of Shades commercial project in New Cairo

Daily News Egypt 12 Jun 2024
ASALDI Properties has announced the successful completion of the first phase of sales of its inaugural commercial project, Shades, in New Cairo. The project has secured leases for 85% of its retail ...
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Egypt, Equatorial Guinea strengthen cooperation in security, trade, infrastructure

Daily News Egypt 11 Jun 2024
Further areas of potential collaboration were discussed, including the establishment of a diplomatic academy in Malabo, launching a flight route between Cairo and Malabo, and exploring agricultural partnerships for land leasing and cultivation ... ....
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Egyptian Exchange navigates market turbulence

Daily News Egypt 04 May 2024
These include the Iron and Steel Company, Suez Canal Bank, Cairo Poultry, and several banks and financial institutions. The list extends to Tawfeek Leasing Finance, GB Corp, CI Capital, and various ...
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Banque du Caire reports record profits of EGP 6.7bn in 2023

Daily News Egypt 24 Mar 2024
The bank’s total assets also saw a substantial rise, growing by 25% to reach EGP 402bn ... This growth is partly due to the bank’s expansion in Uganda and additional capital infusions of approximately EGP 49m into Cairo Leasing Company ... ....
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Beltone signs Egypt’s first syndicated factoring deal worth EGP 925m for Redcon Properties

Daily News Egypt 03 Mar 2024
These include Cairo Lease, Enmaa, Misr Finance, and AUR Leasing. Beltone Leasing and Factoring covered the remaining EGP 412.5m ... Ahmed Sherif, Managing Director and CEO of Cairo Leasing Company, said.
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Rare bird not seen for 20 years photographed for first time

News Graphic 22 Feb 2024
The first-ever photograph of the Yellow-crested Helmetshrike, or Prionops alberti ... By Dean Murray via SWNS ... +7. Hunger grips war-torn Gaza as truce talks resume in Cairo. Guaranteed lease renewal? Tenants and landlords clash at the state Capitol ... .
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Overview of FDI Inflow in 2023

Egypt Today 30 Jan 2024
CAIRO - 30 January 2024 ... The TSFE announced signing a contract with Aya for Real Estate Development to lease the former headquarters of the Ministry of Interior in downtown Cairo.
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Beltone Leasing and Factoring, Cairo Leasing Corporation, and Easy Lease join forces to fund Egyptians ...

Daily News Egypt 18 Jan 2024
The signing of this club deal agreement with Cairo Leasing Corporation and Easy Lease is proof of Beltone Leasing and Factoring’s dedication to supporting the growth and development of prominent organizations in Egypt”.
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ADIFinance joins alliance to offer financing of EGP 1.3bn to El Hazek Construction

Daily News Egypt 10 Jan 2024
Abu Dhabi Islamic Finance (ADIFinance), the leasing arm of Abu Dhabi Islamic Bank ... Besides ADIFinance, the alliance includes AUR Leasing, Al Tawfeek for Financial Lease, and Cairo Leasing Corporation.
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Egyptian official unveils destiny of land used to house headquarters of dissolved National Democratic Party

Egypt Today 07 Jan 2024
CAIRO – 7 January 2024 ... The Sovereign Fund of Egypt (TSFE) announced in March signing a contract with Aya for Real Estate Development to lease the former headquarters of the Ministry of Interior in downtown Cairo.
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Sudan refugees face soaring rent prices in Cairo

Mail Guardian South Africa 23 Jul 2023
Sudanese refugee Mohannad had been in Cairo for only a few weeks when his landlady said he would have to pay triple the rent if he wanted to keep his apartment ... owners in Cairo saw an opportunity.
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Egypt to offer assets on Nile River banks for private investment

Egypt Today 06 Apr 2023
CAIRO – 6 April 2023 ... In a related context, TSFE announced on March 28 signing a contract with Aya for Real Estate Development to lease the former headquarters of the Ministry of Interior in downtown Cairo ... .
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Egypt’s Former Ministry of Interior to be Turned into a Hotel

Egyptian Streets 30 Mar 2023
The reconstruction of the building comes in a bid to revitalise downtown Cairo. Under a lease of 25 years, A Developments will transform the complex with a share of the revenue, and a fixed rental going to the property’s landlord, TSFE.

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