Shahid Law Firm Advises eFinance Investment Group in Strategic Acquisitions of Stakes in Al Ahly Momken and EasyCash

We are delighted to announce that Shahid Law Firm represented eFinance Investment Group in legal consultations for the acquisition of a 25% stake in Al Ahly Momkn For E-payments and a 13% stake in EasyCash for Digital Payments.
These acquisitions are part of E-finance's investment strategy to maximize shareholder returns and facilitate digital payments for individuals and businesses, supporting the efforts of the Central Bank of Egypt (CBE) and other banking and non-banking sectors in accelerating digital transformation and achieving Egypt’s Vision 2030.

The National Bank of Egypt (NBE), as the largest strategic partner in both Al Ahly Momken and EasyCash, adds further significance to these transactions.

Shahid Law Firm is proud to have played a crucial role in advising the buyer, conducting due diligence investigations, leading legal negotiations, and drafting and reviewing all transaction documents. This transaction was led and executed by Partner and Head of Venture by Shahid Rehan El-Bashary.

View press release here.

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