Al Tawfeek Leasing joins forces to provide multi-million-pound property loans

Egypt’s Al Tawfeek Leasing (A.T. LEASE) is teaming up with two other local leasing companies to secure joint financing worth 600 million Egyptian pounds ($34 million).

The financing will go for two local property developers, A.T. LEASE’s chairman Tarek Fahmy told Amwal Al Ghad on Sunday, without disclosing any names.