Arab Finance: International Company for Leasing (Incolease) plans to conduct international factoring transactions valued at between $7 million and $10 million during the remaining period of the year, CEO Khaled Sarhan said.
The company is targeting a 36.4% increase in its financing portfolio to reach EGP 18 billion by the end of 2026, compared to EGP 13.2 billion registered at the end of 2025.
Sarhan added that Incolease is implementing an expansion strategy to diversify its financing products and activities while broadening its client base. This will support the company's growth to strengthen its presence in the non-banking financing sector.
Incolease secured approval from the Financial Regulatory Authority (FRA) to carry out mortgage financing activities, a step aimed at expanding the range of financing products and services available to its clients.
Total assets hiked to EGP 13.7 billion by the end of 2025, compared to EGP 8.3 billion by the end of 2024. Meanwhile, its financing portfolio grew to EGP 13.2 billion from EGP 8.1 billion during the same period.
