Partial exit, capital increase worth $150m; Beltone Financial serving as financial adviser, Matouk Bassiouny legal adviser
Latest in Tag: Sarwa Capital Highlight
Latest in Tag: Sarwa Capital
The ride-hailing company Careem has announced signing an agreement with Sarwa Capital, a leading provider of finance solutions, to launch a program that would allow Careem drivers to buy their own cars. The program aims to help the drivers reap the economic benefits of their work in full instead of receiving only a share because …
Sarwa Capital today announced that Sarwa Securitisation SAE has closed its latest issue of EGP 1.15bn in securitisation bonds backed by the portfolios of Contact Auto Credit and its affiliate companies. The bonds consist of three portions with tenors of one, three, and five years and received high ratings of AA+, AA, and A respectively …
It is engaged in consumer finance and is the parent company for Contact Auto Credit to the Egyptian-American Enterprise Fund.
To date, EAEF committed over $75m in Egypt in 2015