About Us

About the firm

GlobalCorp is a fast-growing, leading non-banking financial services institution based in Egypt.

Since its establishment in 2015, GlobalCorp has worked to serve clients across an array of industries, including corporates and SMEs of various sizes. We offer clients a range of factoring and leasing services, including financial and operating leases, factoring and structured finance solutions that allow them to achieve their business goals and grow sustainably. We leverage our team’s expertise in the financial services industry to offer full-fledged, tailored services and guidance to our clients to add value to their operations and allow them to excel in their respective industries. We pride ourselves on delivering creative solutions of the highest quality with rapid disbursement turnaround, in line with international operating standards.

Our Shareholders

  • ​‌“

    Founder- 10% Hatem Samir

    Hatem Samir (10%) is founder, MD, and Group CEO of GlobalCorp. He is a seasoned leasing expert with more than 25 years of experience spanning an array of territories including the USA, Tunisia, Saudi Arabia and Egypt. Following a career where he assumed several managerial positions at a number of established companies, Hatem launched GlobalCorp in 2015 with the aim of providing companies of all sizes in Egypt with leading leasing and factoring solutions.
    Hatem Samir
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    Co-founder- 30% SANAD FUND

    SANAD Fund (30%) is a public-private partnership model managed by Finance in Motion and initiated by KFW Development, with funding from the German Federal Ministry for Economic Cooperation and Development, the European Union, KFW, and the Swiss State Secretariat for Economic Affairs. The fund is open to development finance, international financial institutions, and private investors.
    SANAD FUND
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    Majority Shareholder- 60% EZDEHAR

    EZDEHAR Egypt Midcap Fund is GlobalCorp’s majority shareholder (60%). The fund was established in 2016 by Ezdehar Management, an Egyptian private equity firm investing in high-growth businesses across Egypt. Among the fund’s investors are the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Dutch Development Bank (FMO), the Commonwealth Development Corporation (CDC Group), as well as several leading Egyptian business figures.
    EZDEHAR

Our Board Members

Emad Barsoum- Chairman

Emad Barsoum- Chairman Emad has a 30-year professional track-record combining corporate senior executive management and private equity investing. He is the founder and Managing Director of Ezdehar, an Egyptian private equity fund manager with investors such as the EBRD, the European Investment Bank, and several HNWIs, targeting investing in Egyptian mid-cap growth companies. The firm is one of the most prominent PE players in Egypt. Previously, he was co-founder of 8 Miles LLP, a UK based, Africa focused private equity manager with $200M supported by investors like the IFC, CDC, and the African Development Bank. The fund invested in several African countries such as Egypt, Ethiopia, Nigeria, and Uganda. Prior to 8 Miles, Emad spend 10 years with Orascom Telecom in roles such as CEO of Wind Hellas (Greece) leading one of Europe’s largest debt restructuring, Chairman and CEO of the OrasInvest group (Middle East) growing the firm from $20M to $180M in 5 years, and CFO of Djezzy (Algeria), setting up the company and leading it to profitability and extraordinary margins in record time. Prior to OT, Emad had spent 10 years in New York, working for engineering firms such as Parsons Brinckerhoff on earthquakes’ impact on complex suspension bridges like the Golden Gate Bridge. Emad holds an MBA from INSEAD, France, a PhD and M.Sc. in Engineering Mechanics from Columbia University in New York, and a B.Sc. in Civil Engineering from Cairo University. Emad also serves as an investment committee member of Egypt Ventures, a VC fund sponsored by the Egyptian government, and is a mentor with several organizations such as Endeavor and Flat6Labs, supporting entrepreneurs and family businesses to scale their companies. Emad also holds several board roles, including chairman of the board of AluNile (the leading aluminum/glass manufacturer in Egypt) and Global Leasing Company, and sits on the board of Hesni Group, a textile manufacturer.

Hatem Samir- MD and Group CEO

Hatem Samir- MD and Group CEO Founder, Group MD, and CEO of GlobalCorp. Hatem is a seasoned leasing expert with more than 25 years of experience spanning an array of territories including the USA, Tunisia, Saudi Arabia and Egypt. Hatem currently resides as a Board Member in both the Egyptian Leasing and Factoring Federations. Following a career where he assumed several managerial positions at a number of established companies where he last served as Deputy CEO of A.T. Lease, Hatem launched GlobalCorp- previously Global Leasing Company- in 2015 with the aim of providing companies of all sizes in Egypt with leading leasing and factoring solutions. Hatem holds a Bachelor’s degree in International Markerting from CityU of Seattle, an International Risk Diploma from the American University In Cairo, and an MBA from the German University in Cairo.

Uwe Schober- SANAD

Uwe Schober- SANAD Uwe has overall responsibility for the SANAD Fund and equity investments at Finance in Motion. Previously, he spent more than twelve years in investment banking in various positions with Warburg, UBS, and Morgan Stanley working in mergers and acquisitions and helping to raise capital (equity, debt, and hybrids) for a variety of companies in various industries. He also assisted high-technology firms in Moscow to access the Russian market. Uwe holds a Bachelor’s degree in Economics from the VWA Stuttgart, a Master’s degree in Documentary Photography from London College of Communication, and an MBA from London Business School.

Mathias Dittrich- SANAD

Mathias Dittrich- SANAD Mathias has over 10 years of experience as a Private equity professional with experience in both developed and emerging markets venture and growth equity. He manages a group of 6 Investment Officers, Associates, and Analysts managing PE/VC investments with an ESG/impact filter for SANAD Fund through Finance In Motion. Previously, Mathias worked in FMO- Dutch development Bank as an Investor Office managing over €700MM in emerging markets PE/VC investments with an ESG/impact filter for a large European DFI. Mathias holds a Bachelor degree in Political Science from University of Bremen and a Masters in Public Policy from Maastricht University.

Laila Hosny- EZDEHAR

Laila Hosny- EZDEHAR Laila has more than 6 years of investment management experience. At Ezdehar, Laila focuses on leading new investments on behalf of the firm and supports the team in acquisition and portfolio management efforts. Laila’s experience extends across multiple sectors including retail, financial services, healthcare and chemicals and covers the full investment lifecycle including acquisitions, portfolio management and disposals. Laila has had significant involvement with many of Ezdehar’s investments, most notably Global Corp, Rich Food and Al Tayseer HealthCare Group. In addition to her responsibilities as an investment professional, Laila is also engaged in firm-wide initiatives, including co-leading the firm’s external communications and impact reporting efforts. Prior to joining Ezdehar, Laila was an associate at HC Securities and Investment, Cairo. She was part of the asset management team, which managed 15 funds and 30 portfolios with total AUMs worth in excess of USD 260 million invested in public equity, fixed income and money markets in Egypt and the GCC. Laila holds an MSc in Finance from the London School of Economics and Political Science and a BBA in Finance from the American University in Cairo. Laila is a CFA charterholder.

Rana Abbadi- Independent

Rana Abbadi- Independent Rana is a senior executive with over 25 years of leadership and managerial experience in the Telecom, audit and finance sectors. She spent 20 years in the telecom industry where she assumed a number of leadership positions and delivered projects of which most notably successfully leading the negotiation of 4G mobile license in Egypt with the National Telecom Regulatory Authority and other governmental Bodies and manage cross functional teams for 2 years until signing the agreement. Currently; Digital Transformation Advisor, a board member of CIT (chamber of information and technology) as a telecom expert, an independent board member and Audit committee member of the united bank of Jordan, and an independent board member and Audit committee member of GlobalCorp- financial services , in addition to being recognized as one of the top 50 Egyptian women impacting the economy of Egypt. Previously, Rana was the Chief Regulatory and Wholesale Officer of Orange Egypt for Telecommunications (2012-2017). Rana graduated from the University of Jordon with a Bachelor’s degree in Accounting and Business Administration.

Yasser Fawzy- Independent

Yasser Fawzy- Independent Yasser is a General Manager specialized in nationwide, multinational operations and start-ups, with more than 20 years of management experience in technical services and business process outsourcing organizations. Building high performance organizations, Turnaround & growth expert, Strategic Planner & Business Consultant. He is currently the Managing Director of Upper Egypt for Frozen Food a subsidiary of two leading Egyptian banks and one of the Egypt’s biggest factories to supply frozen food to the local market, Gulf and USA regions. Previously, Yasser served as the General Manager of Porta and Rotopack Egypt (Altea Packaging group), General Manager of Egynil,Managing Director of Connect Egypt and CaRing and General Manager of Mobiserve UAE. Yasser holds a Bachelor in Communication and Electronics Engineering from Helwan University in Cairo.

Stewart Pirnie- International Advisor

Stewart Pirnie- International Advisor Stewart has 40 years of experience in the field of equipment leasing working with leasing companies across Central and Eastern Europe, South America, Asia and Africa. He has established and managed leasing companies in transition economies, most notably in Poland. Stewart began his leasing career in the UK, but through project work for De Lage Landen Leasing also gained overseas experience. He spent three years as Managing Director and President of De Lage Landen Leasing Polska S.A., where the company grew from a green field start-up to become the tenth largest leasing company in Poland within 18 months. Prior to becoming a consultant, he was Group Chief Executive Officer of the New Europe Leasing Division of UniCredito Italiano based in Warsaw. In this role Stewart was responsible for the development of Unicredito’s leasing companies throughout Central and Eastern Europe. Since the end of 2003, Stewart has worked as a leasing and business consultant on projects in collaboration with the International Finance Corporation in Palestine, Liberia, Myanmar, Rwanda, Uganda, Ethiopia, Mali, Haiti, South Sudan, Sierra Leone, Mongolia, Nicaragua, and Bolivia (the projects in the last five countries included developing leasing legislation). He was the lead writer of IFC’s leasing manual (Leasing in Development; Guidelines for Emerging Economies). Stewart has also worked on projects with the European Bank for Reconstruction and Development developing the technical knowledge of leasing companies in Latvia, Croatia, Slovakia, Hungary, Romania, Czech Republic, Poland, Bulgaria and Moldova and has directly advised leasing companies in Algeria, Tunisia, Russia, Vietnam, Mongolia, Romania, Moldova, Trinidad, Egypt and Peru. He co-operated with AGCO (the third largest global agricultural equipment manufacturer) from 2009 to 2014 developing leasing solutions for their retailers in Central Europe, Russia, Ukraine, Kazakhstan, China, Mongolia, South Africa and Turkey. Recently Stewart has redrafted the Financial Leasing Laws in Mongolia and Montenegro as part of EBRD initiatives and is working with KfW (the German Development Bank) on agricultural equipment financing initiatives in Zambia and Ethiopia.

Message From The CEO

Hatem Samir
Hatem Samir

MD and Group CEO

We believe that providing comprehensive, first-class financial expertise is the essence of our role as a leading non-banking institution. The very fact that our experienced team are always at your side with their agile, innovative approach – may be a further hallmark of our offering. At GlobalCorp, we provide you with the best financial solutions tailored to your needs to help you reach your goals – we see ourselves as your trusted partner to help accelerate your business growth as your success is our success.

Our History

2015
March

Hatem Samir, leasing industry veteran with over 20 years of experience, along with an experienced management team launched Global Leasing Company with 98% stake owned by Wadi Degla Holding and remaining 2% owned by Hatem Samir

2015
August

SANAD Fund formally joined the Company’s shareholding base by acquiring a 30% minority stake from Wadi Degla Holding

2017
February

Company closes on USD 5Mn funding facility from the Green for Growth Fund (backed by KfW and EIB) to finance energy efficiency leases

2017
June

Company launches new real estate asset management operations through a newly established, wholly-owned subsidiary, GLC Real Estate Asset Management Company, with a total paid-up capital of EGP 250K

2017
July

Global Lease shareholders increase paid-in capital by 54% (EGP 50 million) to reach a total of EGP 112.5 million Hatem Samir acquired 3% of Wadi Degla’s stake to reach 5% ownership

2018
February

Ezdehar Egypt Midcap Fund acquires 60% stake in company, replacing Wadi Degla Holding as majority shareholder, with the remaining shareholders including Sanad (30%) and CEO Hatem Samir (10%)

2018
March

Company doubles cumulative Leasing Originations in one year reaching 2.0Bn EGP

2018
May

Company receives EGP 25 million funding facility from Saudi Fund for Development to finance SME leases

2018
December

Tripled cumulative leasing originations in two year reaching EGP 3.3Bn

2019
August

Company receives FRA approval and launches factoring arm through fully-owned subsidiary GlobalCorp Factoring with a paid-up capital of EGP 25 million.

2019
October

Company receives awards from Nearshore Middle East, for being the first Egyptian leasing company to apply the IFRS 9 model.

2019
December

Rebranding and changing the Company name from “Global Leasing Company” to “GlobalCorp Financial Services”

2020
October

Lease portfolio achieves EGP 6.1 billion in new originations since inception

2020
December

Factoring cumulative originations grew by 9.8x since December 2019.

Our Mission

200
Years of combined Management Experience
6
Funded Facilities
10
Portfolio of corporates listed in EGX
10
Portfolio denominated in Foreign Currency
10
Portfolio directed towards Green Investments
25
Funding banks and institutions

Company Values

Experts –

We are experts in understanding our clients’ needs and working with them to provide tailored financial solutions that enable the sustainable growth of their businesses;

Dedicated – 

We are dedicated to serving our clients; contributing to the communities in which we operate; developing our employees; maintaining a sound partnership with our regulators and shareholders;  

Dynamic

We are dynamic as our clients and industry are ever-evolving, and we aim to be at its forefront by working consistently to remain innovative, agile, and strategic in orientation;

Human

We are human as we remain committed to abiding by the strictest environmental, social and governance standards and strive to become the partner of choice for our clients, employees, communities, regulatory stakeholders and shareholder.