Sarwa Capital

Banque Misr receives "Deal of the Year 2020 - Africa": Financial Times

Thu, 07 May 2020 - 11:59 GMT

This securitization bond issue was achieved in the light of fruitful cooperation between Banque Misr and Sarwa Capital, the largest securitization provider in Egypt.

Sarwa capital’s subsidiary obtains first consumer financing license in Egypt

Sun, 26 Apr 2020 - 12:00 GMT

In total, Contact has provided consumer financing, excluding mortgages, of LE 20 billion with an outstanding portfolio of over LE 5.5 billion at the end of 2019.

Sarwa Capital records profits of LE406.5M in 2019

Sun, 01 Mar 2020 - 02:17 GMT

It also showed that sales revenues rose to LE 2.91 billion during 2019, up from LE 2.37 billion in 2018.

Sarwa Capital, Premium Int’l to establish joint customer finance venture

Sun, 01 Dec 2019 - 01:57 GMT

The new joint venturewill be equally owned by the two companies and will start operating under a new brand name after obtaining all the required approvals.

Sawiris pays LE2B as reconciliation bill with FRA

Wed, 27 Feb 2019 - 10:09 GMT

The bill included LE 1.6 billion for the purchase of Sarwa Capital's 261.8 million shares at a price of LE 7.36 per share representing 30 percent of the issued share capital.

Beltone’s grievances of FRA decisions rejected

Mon, 24 Dec 2018 - 01:19 GMT

The Grievance Committee of the commission decided to accept Beltone Financial's grievances' form and reject its subject.

261.8M shares respond to Orascom Investment's offer to acquire Sarwa Capital

Wed, 12 Dec 2018 - 08:27 GMT

The price of the deal will be LE 7.36 per share as a result of the attaining of the first case of the acquisition.

FRA approves Orascom’s offer to buy stake of Sarwa, OPR market opened Dec.28

Mon, 26 Nov 2018 - 12:24 GMT

Beltone Financial Holding announced that OPR market will be opened to Orascom offerfrom November 28 toDecember 11, 2018.

EFSA receives tender offer from Orascom to purchase Sarwa Capital shares

Sun, 18 Nov 2018 - 03:10 GMT

The Egyptian Financial Supervisory Authority (EFSA) announced Sunday that it has received a tender offer from Orascom Investment Holding (OTH) to buy capital shared of the Sarwa Capital company.

Sarwa Capital buys 28.4 million shares at public offering price

Sun, 18 Nov 2018 - 02:56 GMT

The Egyptian Stock Exchange (EGX) had announced earlier that the transactions that occurred with the aim of stabilizing the financial investment company had reached 28.44 million shares.

Sarwa Capital’s IPO prospectus witnesses no irregularities: Beltone

Tue, 06 Nov 2018 - 10:17 GMT

Beltone received 10 mandates from companies for share offerings, acquisitions and other services.

Beltone affirms trading activities continuity after FRA’s decision of suspension

Sun, 04 Nov 2018 - 12:51 GMT

Beltone said that FRA’s decisions are surprising and that the company is yet to be informed of reasons for their issuance and their stipulations.

Egypt's Sarwa Capital exposed to IPO "irregularities"

Sun, 04 Nov 2018 - 11:22 GMT

Beltone managed the IPO of Sarwa Capital, which began trading on the Egyptian stock exchange last month. Its IPO unit was suspended on Thursday from carrying out any activity for six months.

Orascom offers to buy non-controlling stake in Sarwa Capital

Wed, 31 Oct 2018 - 12:00 GMT

Orascom intends to make an optional purchase offer for two cases: the first is to acquire 216.03 million shares at the offer price of LE 7.36.

Sarwa Capital’s share jump 10% pushed by Orascom Investment offer

Wed, 31 Oct 2018 - 11:58 GMT

Sarwa Capital’s share hiked 10 percent, reaching LE 6.17, by 11:46 am after Orascom Investment Holding announcement to purchase non-controlling stake of Sarwa shares.

Trading on Sarwa Capital starts Monday

Mon, 15 Oct 2018 - 01:50 GMT

Trading on Sarwa Capital shares recorded LE 6.67 per share at 1:09 p.m., losing 9.74 percent of its opening price after trading on 12.39 million shares.

Public offering of Sarwa Capital oversubscribed 30 times

Wed, 10 Oct 2018 - 01:47 GMT

Private offering recorded demands of LE 6.5 billion.

Sarwa Capital plans to issue new financial instruments

Tue, 09 Oct 2018 - 02:42 GMT

The Egyptian market needs fresh financial instruments such as sukuk, covered bonds, and short-term bonds, Managing Director of Sarwa Promoting and Underwriting said .

Final price of Sarwa Capital’s IPO set at LE 7.36/share

Thu, 04 Oct 2018 - 11:41 GMT

The retail offering subscription period runs between October 3 and October 10, 2018, and share trading is expected to commence on or around Monday, October 15.

Indicative price for Sarwa Capital's IPO ranges from LE 7.04, LE 8/share

Tue, 02 Oct 2018 - 08:58 GMT

The indicative price for its IPO ranges from LE 7.04 and LE 8 per share, with an expected offering size ranging between LE 2.1 billion to LE 2.4 billion.

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