Egypt: First License for Financial Leasing for Small Business Approved

Egypt: First License for Financial Leasing for Small Business Approved News developments

Egypt: First License for Financial Leasing for Small Business Approved

Youm7, 15 August 2021: Egypt’s Financial Supervisory Authority has announced it has issued the first license to a company providing financial leasing services to small businesses.

The approval has been issued as part of the implementation of Egypt Law No. 176/2018.

The Authority said it will boost financial inclusion in the Egyptian market and open new opportunities for small businesses to extend their operations.

For full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Benjamin Filaferro