Beltone Leasing & Factoring signs EGP4bln syndicated leasing term sheet with Al Qalaa Al Hamraa
Summary
"As one of the largest sports and entertainment developments in Egypt, the project will feature a world-class 42,000-seat stadium, an innovative sports hospital, a sports museum, a leading university, a specialized sports school, and a hotel, further enhancing Egypts position on the global and regional sports stage.Beltone Investment Banking acts as the exclusive financial advisor to Al Qalaa Al Hamraa Company in the development and capital raising for Al Ahly Clubs Project of the Century, reinforcing its commitment to supporting strategic investments that drive economic growth.Amir Ghannam, Deputy Head of NBFIs Leasing, Factoring & Consumer Finance at Beltone Leasing & Factoring, commented: "This partnership underscores our commitment to financing transformative projects that drive economic growth and community development. These sectors include real estate development, logistics support services, transportation, healthcare, education, pharmaceuticals, food and beverages, printing and packaging, chemicals, and oil.Beltone Holding (BTFH.CA) is a leading provider of financial services with a distinguished track record spanning decades in the Middle East and North Africa. The Company offers a comprehensive and expanding range of financial solutions and services, including securities brokerage, underwriting and advisory services, asset management, research, and direct investment, as well as non-banking financial services such as leasing, factoring, consumer finance, venture capital, microfinance, real estate finance, and small and medium-sized enterprise (SME) financing. The company has an ambitious vision to revolutionize the financial sector in the region, leveraging the global expertise and knowledge of its team to provide innovative, value-added solutions, create additional opportunities for its clients, enhance market value, and achieve impactful results.For more information, please visit the companys website: www.beltoneholding.comEl Qalaa El Hamra for Facilities Management is the company responsible for the construction of Al Ahly Stadium and sports city in Sheikh Zayed City, known as the "Project of the Century." Established in June 2024, the company marks a significant step forward towards enhancing Egypts leading position in sports infrastructure development and investment.