The PCMA continues to monitor and supervise the financial leasing sector in accordance with the legal system regulating this sector, including Laws, Directives, and Decisions. The PCMA works in a manner that ensures compliance of the entities subject to its control within this scheme. In addition, the PCMA seeks to achieve a balance between the rights and obligations of each of the tenants and landlords, and to encourage the work of these companies within a fair competition environment.
In 2022, the financial leasing sector proved its ability to resist during crisis, and achieved double-digit growth rates after the Covid-19 pandemic, which left an impact over all countries of the world. This sector witnessed a growth in the number of contracts registered with the PCMA during the past years, to reach a record number of 2800 contracts in 2022, with a total investment in financial leasing contracts amounting to US$ 143,141,843 in 2022.
