March 8, 2023

Delta Construction pen EGP 100M finance lease contract with ADIB’s arm

Arab Finance: Delta for Construction and Rebuilding (DCRC) has signed a five-year finance lease contract with ADI Finance, a subsidiary of Abu Dhabi Islamic Bank Egypt, at a value of EGP 100 million, the firm said in a statement sent to the bourse on March 7th.

Delta is an Egypt-based public shareholding company engaged in the real estate investment sector.

The company’s activities include developing, owning, managing, buying, and selling residential real estate properties, as well as land subdivision and touristic projects development such as resorts and hotels.


Categories : finance & economy

Finance & Economy

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