Egypt and global economy brief
Valu Partners with Felix to Finance Marine Services and Yachts
An RE brief based on a story published by Al Borsa on 12 November 2026.
Read the full story at the sourceThe story in brief
valU and Felix Shipping Agencies signed an agreement to offer Felix customers financing in Egypt for marine and yacht services, including maintenance, repairs, provisioning and logistics. The agreement provides a revolving credit limit for purchases up to 350 thousand Egyptian pounds, and a non-revolving limit for purchases above that amount; yacht purchases can also be financed through the Ulter program for up to 60 million Egyptian pounds.
Key numbers
- 350 thousand Egyptian pounds
- limit for revolving-credit purchases
- 60 million Egyptian pounds
- maximum yacht-purchase financing
- 1984
- Felix's start in the Egyptian market
- more than 3 thousand customers
- customers served by Felix
Why it matters for brokers
The partnership adds financing options for marine-services and yacht customers in Egypt: revolving credit for purchases up to 350 thousand Egyptian pounds and non-revolving credit above that threshold. Financing for yacht purchases through Ulter can reach 60 million Egyptian pounds.
RE's reading of the story. It is not part of the original report and not investment advice.