Matouk Bassiouny & Hennawy (‘MBH’) has provided legal counsel to Hassan Allam Construction and its affiliated entities within the Hassan Allam Group on a USD 200 million facility extended by the African Export-Import Bank (Afreximbank). This funding is poised to strengthen Hassan Allam’s expansion initiatives across Africa and the Middle East. At the Intra-African Trade […]
Matouk Bassiouny & Hennawy (MBH) acted as legal counsel to the Arab African International Bank (AAIB) for a medium-term facility contract worth EGP 3.5 billion with Tatweer Misr. The financing, split into EGP 1.7 billion and EGP 1.8
Education
Egypt
News
Real Estate, Construction & Infrastructure
Hafez & Partners on Inauguration of TSFE Cosmic Village Schools
The Sovereign Fund of Egypt (TSFE), a client of Hafez & Partners, celebrated a significant milestone with the inauguration of four schools in the first phase of the Cosmic Village land development. Hafez & Partners
ADSERO – Ragy Soliman & Partners served as the Egyptian Local Counsel to the Egyptian Ministry of Finance (MOF) in the issuance of RMB-denominated bonds, commonly known as “Panda Bonds,” in the Chinese market. The issuance,
Deal & transactions
Egypt
Energy & Trading
Real Estate, Construction & Infrastructure
Sodic and EME Collaborate on VYE Solar Project in Cairo
Sodic, an Egypt-based real estate developer, has joined forces with Electro-Mechanical for Energy (EME) solar company, to initiate the installation of 400 rooftop solar panels at VYE, Sodic’s mixed-use development in West Cairo. Overseeing
Egypt
Real Estate, Construction & Infrastructure
Egyptian Cabinet Tightens Rules for Foreign Real Estate Ownership
The Egyptian Cabinet has finalized drafting an amendment to law no.230/1996 regulating the ownership of real estate and lands by foreigners. The amendment will require foreigners to transfer the payment for real estate purchases to
The Egyptian Center for Arbitration and Settlement of Non-Banking Financial Disputes (ECAS) marked a significant milestone with its inaugural conference, titled ‘Family Businesses: Prospects for Growth and Sustainability.’ The event, under the guidance of Dr.
Prominent law firm Sameh Abdelsamad & Partners (“SA & Partners”) has announced the newest addition to its team, Nabil El Bedewy, who joins as a senior partner. With over 50 years of legal experience under his
Global law firm White & Case played a pivotal role in advising the guarantors in the historic issuance of RMB 3.5 billion (approximately US$500 million) worth of 3.51% three-year panda bonds by the Arab Republic of Egypt.
Deal & transactions
Egypt
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Shahid Law Firm: Etisalat Egypt launches SuperPay with Banque Misr
Shahid Law Firm provided legal services to Etisalat Egypt on the successful launch of its latest joint venture with Banque Misr, SuperPay, a specialized electronic payment technology company. This strategic partnership between the public and
