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MERIS (Middle East Rating & Investors Service) Affirms the National Scale Ratings (NSR) To the 23rd Multiple-Tranche Asset-Backed Securitization Bond Issued by Sarwa Securitization Company and Backed by a Portfolio of Real Estate Receivables Originated by Amer and Porto Group Companies

MERIS (Middle East Rating & Investors Servcie) Affirms the National Scale Ratings (NSR) to the 25th Multiple-Tranche Asset-Backed Securitization Bond Issue by Sarwa Securitization Company and Backed by a Portfolio of Real Estate Receivables Originated by Palm Hills Development Company and Its Subsidiaries