Arab Finance: Beltone Leasing and Factoring, a wholly owned subsidiary of Beltone Financial Holding, has signed an agreement worth EGP 200 million with the Egyptian Company for Import and Export (EGMED), according to a statement filed to the Egyptian Bourse on December 5^th.

This marks Beltone Leasing’s first factoring transaction since obtaining the license from the Financial Regulatory Authority (FRA) in September 2023.

The transaction is poised to provide essential financial support for EGMED's day-to-day operations, reinforcing Beltone Leasing and Factoring's commitment to delivering strategic financial solutions.

FRA licenses 7 companies across real estate funds, factoring, leasing, and custody Updated 12/30/2025 7:45:00 AM

Drive Finance signs EGP 5B syndicated facility to expand consumer finance and factoring portfolios Updated 11/24/2025 10:06:00 AM

TAWASOA for Factoring announces final subscription results for private, public offerings Updated 11/10/2025 10:28:00 AM

FRA grants new licenses for 6 companies in securities, investment, factoring Updated 8/11/2025 5:43:00 AM

Beltone Leasing gets $20M financing from Germany's Finance in Motion funds Updated 6/22/2025 8:44:00 AM