Barakat, Maher & Partners in association with Clyde & Co advises JAF Investment on dual acquisition

  • Press Releases 19 December 2023 19 December 2023
  • Africa

Barakat, Maher & Partners in association with Clyde & Co has advised JAF Investment on its EGP 177 million 30 per cent dual acquisition (under execution) of Rawaj Consumer Finance and UE Finance in Egypt from Arabia Investments Holding (AIH), a company listed on the Egyptian Exchange.

Barakat, Maher & Partners in association with Clyde & Co advises JAF Investment on dual acquisition

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JAF Investment is a family office, focusing on investment in growth opportunities across several sectors, including real estate, non-banking financial services, automotive services, logistics and warehousing. This dual acquisition represents a significant strategic objective to invest in the non-banking financial sector in Egypt. 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 who was supported by senior associate Moataz El Sherbini, associates Walid Enany and Dalya Mahmoud.

With over 30 years of experience in the Middle East and Africa (MEA), Clyde & Co is one of the largest international law firms with over 90 partners and over 540 staff operating through 9 offices and associated offices in Abu Dhabi, Cairo, Cape Town, Dar es Salaam, Doha, Dubai, Johannesburg, Nairobi, and Riyadh. Clyde & Co supports international and local organisations throughout the wider region with a full-service offering of local specialists across most business sectors and services of law, including commercial, commercial disputes, corporate, cyber risk, data protection & privacy, employment & immigration, finance, global recoveries, insolvency & reorganisation, intellectual property, international arbitration, projects & construction, real estate, regulatory & investigations, and technology, outsourcing & data.

Learn more about Clyde & Co in Egypt

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