Waste management reform expands with private sector involvement: Environment Minister    Mideast infrastructure hit by advanced, 2-year cyber-espionage attack: Fortinet    SCZONE signs $18m agreement with Turkish Ulusoy to establish yarn factory in West Qantara    Egypt PM warns of higher oil prices from regional war after 1st Crisis Committee meeting    US firm VXI to create 4,000 jobs in Egypt in $135m expansion    Egypt's Foreign Minister discusses Mideast de-escalation with China FM, EU Parliament President    Egypt's gold prices fall for 3rd day on Wednesday    Egypt's FM holds talks with Arab counterparts over Iran-Israel escalation    Egypt's PM urges halt to Israeli military operations    Egypt sets 3-month goal to join world's top 50 in business readiness: minister    UN Palestine peace conference suspended amid regional escalation    Egypt advances integrated waste management city in 10th of Ramadan with World Bank support    Egypt, Japan's JICA plan school expansion – Cabinet    Egypt's EDA, AstraZeneca discuss local manufacturing    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    EGP opens flat against USD on Monday    Sisi launches new support initiative for families of war, terrorism victims    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Arab African Int'l Leasing signs leasing contracts of EGP1.4 bln in H1 2019
mohamed Hamdy Published in Amwal Al Ghad on 12 - 09 - 2019

The Arab African International Leasing (AAIL), affiliate of Arab African International Bank has signed deals of 1.4 billion Egyptian pounds ($85 million) during the first half of 2019.
A source told Amwal Al Ghad has captured a market share of 3.6 percent by the end of June 2019.
AAIL has started its activity at the beginning of 2015 with paid-up capital of 30 million pounds which has been increased two times in the same year to reach 100 million pounds.
However, the company's share holders equity posted 200 million pounds in the mean time. It reached a level that allow AAIL finance its future expansion plans.
The total value of leasing contracts during H1 2019 reached 22.78 billion compared to 16.08 billion pounds during the same period a year earlier with an increase of 41.6 percent. The number of contracts increased from 869 contracts to 1.397 contracts.

Clic here to read the story from its source.