Barakat, Maher & Partners and Clyde & Co advised JAF Investment on dual acquisition of Rawaj Consumer and UE Finance
Barakat, Maher & Partners and Clyde & Co advised JAF Investment on dual acquisition of Rawaj Consumer and UE Finance
The purchase represents a significant strategic objective to invest in the non-banking financial sector in Egypt
Barakat, Maher & Partners in association with Clyde & Co has advised JAF Investment on its ongoing EGP 177 million 30 percent dual acquisition of Rawaj Consumer Finance and UE Finance in Egypt from Arabia Investments Holding, a company listed on the Egyptian Exchange.
JAF Investment, a family office, focuses on investment in growth opportunities across several sectors, including real estate, non-banking financial services, automotive services, logistics, and warehousing.
In 2022, the sector amounted to EGP 216 billion, signifying the necessity of growth to meet the demands of this constantly expanding market.
The Barakat, Maher & Partners in association with Clyde & Co team was led by partner Mostafa Elsakka. He was supported by senior associate Moataz El Sherbini and associates Walid Enany and Dalya Mahmoud.
With over 30 years of experience in the Middle East and Africa, Clyde & Co is one of the largest international law firms with over 90 partners and over 540 staff operating through nine offices and associated offices in Abu Dhabi, Cairo, Cape Town, Dar es Salaam, Doha, Dubai, Johannesburg, Nairobi, and Riyadh.
The firm supports international and local organizations throughout the wider region with a full-service offering of local specialists across most business sectors and services of law. These include commercial, commercial disputes, corporate, cyber risk, data protection and privacy, employment and immigration, finance, global recoveries, insolvency and reorganization, intellectual property, international arbitration, projects and construction, real estate, regulatory and investigations, technology, outsourcing, and data.
