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A consortium of four Egyptian leasing firms is arranging a syndicating financing worth 450 million Egyptian pounds ($25.6 million) for a local property developer.
The financing will be directed for some construction works in the property developer’s various projects, a senior source from one of the leasing firms told Amwal Al Ghad on Tuesday.
The four leasing firms are International Company for Leasing (Incolease), A.T. LEASE, Taamir Leasing Co. – Al Oula, and the Arab African International Leasing.
