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Al Tawfeek Leasing: Regulatory changes and expansion dictate a shift in strategy

Facing an underpenetrated market with huge potential; capped by new regulatory changes causing a shift in strategy
Upside and downside triggers
Upgrade recommendation to Overweight on strong portfolio growth and economic recovery

Bassma Bakry

Equity Research Analyst @ Al Ahly Pharos Securities Brokerage

5 May 2021

Published byAl Ahly Pharos Securities Brokerage

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Al Tawfeek Leasing: Regulatory changes and expansion dictate a shift in strategy

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