MADKOUR Group signed a leasing agreement with Beltone Leasing and Factoring company, amounting to EGP400 million.

The agreement includes a sales and leaseback arrangement for MADKOUR Group's administrative unit assets at “Zizinia” in New Cairo, valued at EGP300 million. Additionally, the agreement provides EGP100 million in factoring to support the Group’s working capital needs and fuel MADKOUR's growth and expansion.

Dr. Mostafa Madkour, Chairman & CEO of MADKOUR Group, commented, "We are proud to collaborate with Beltone Leasing & Factoring. This is a significant step forward for MADKOUR Group, strengthening our financial position and enabling us to pursue new growth plans in various markets."

Amir Ghannam, CEO of Beltone Leasing and Factoring, stated, "This agreement underscores our strategic approach to delivering customized financial solutions that empower companies across diverse sectors to drive their expansion plans. By fostering sustainable economic growth and creating job opportunities, it strengthens our leadership position in the leasing and factoring market."