Al Tawfeek Leasing Company stock gains 1.28 percent on offer

Al Tawfeek Leasing Company stock was trading at EGP 7.1 on the Egyptian Exchange on September 23, 2026 at 10:45 a.m. EEST, up 1.28 percent from EGP 7.01. The move came as Al Baraka Bank Egypt advanced a mandatory share swap offer for the leasing company.

Share swap reaches 273.722 million

According to Arab Finance on September 21, 2026, the Egyptian Exchange announced a mandatory purchase offer covering 273.722 million issued A.T. Lease shares. The exchange ratio is 0.1919 Al Baraka Bank Egypt shares for every A.T. Lease share.

The offer gives the stock a corporate-action anchor beyond its daily quotation. The transaction structure also links the company to Al Baraka Bank Egypt, which is seeking to acquire a larger holding through the share swap.

Revenue rose to EGP 2.07 billion

Al Tawfeek Leasing reported fiscal 2025 revenue of EGP 2.07 billion and net income of EGP 226.76 million, according to Starta Markets. Fiscal 2024 revenue was EGP 1.69 billion and net income was EGP 179.95 million.

The comparison shows revenue growth of EGP 380 million between fiscal 2024 and fiscal 2025, while net income increased by EGP 46.81 million. For investors, the offer structure and the latest full-year figures provide two separate measures of the company, corporate ownership interest and operating scale.

Stock gains on September 23

Al Tawfeek Leasing Company stock was trading at EGP 7.1 on EGX on September 23, 2026 at 10:45 a.m. EEST, representing a 1.28 percent daily gain from EGP 7.01. The company is identified as Al Tawfeek Leasing Company-A.T.LEASE, ticker ATLC, and ISIN EGS676N1C015 by Mubasher.