Cairo – Mubasher: Arabia Investments, Development and Financial Investment Holding Co. said two of its subsidiaries signed an agreement with UBER Co., to finance the purchase of new cars.
According to the agreement, Roaj & Elsa'id Companies will finance the purchase of new cars through launching an investment portfolio of EGP 120 million
Arabia Investments said it aims to provide finance schemes that meet the needs of the different categories of UBER’s clients.
The agreement stipulated that most of the financial facilities would be allowed to the vehicles sold by Cairo for Development and Cars Manufacturing Co. that is nearly fully owned by Arabia Investments.
