Global law firm Clyde & Co has established a collaborative office in Cairo, Egypt. The new firm Barakat Maher & Partners Advocates & Legal Consultants, will operate in association with Clyde & Co. The Cairo office will offer services in relation to capital markets, corporate and M&A, commercial, commercial disputes and international arbitration, employment, finance, […]
Deal & transactions
Egypt
Transport
ZH&P advises Global Auto in establishing a JV with Contact Financial
Global Auto, the official and authorised distributor of BMW and MINI in Egypt, in entering into a joint venture and operating agreements with Contact Financial Holding to provide consumer financial services to end clients. This
Banking & Finance
Deal & transactions
Egypt
Saudi Arabia
Riad & Riad and Fintech Buddy Saudi Arabia join forces
Fintech Buddy Saudi Arabia, a one-stop shop platform that provides professional services for startups and foreign companies (sponsored by The Law Firm of Nasreen Alissa), signed a Memorandum of Understanding (MoU) with Riad & Riad
Venture Capital funding in Egypt maintained its growing path for the fifth consecutive year, rising by 3% to USD517M in 2022, without reporting any MEGA deal. Egypt is quickly becoming an attractive destination for venture investment,
Banking & Finance
Egypt
Healthcare, Pharma & Life Sciences
B Investments and TSFE invest in Egypt’s healthcare sector
The Sovereign Fund of Egypt (“TSFE”) through its healthcare and pharmaceutical industries Subfund (“TSFE Healthcare & Pharma Subfund”) and B Investments Holding (“B Investments”), BPE Partners’ flagship investment vehicle, have signed an agreement to
Background
Egypt
Opinions
United Arab Emirates
Mohamed Elmogy on elevating MENA’s in-house legal community
With Suzan Taha Mohamed Elmogy (“Mogy”) has recently been appointed as the Board Director for ACC MENA. LegalcommunityMENA had the opportunity to interview Mogy regarding how his new role aims to serve the in-house
Chimera Investment has acquired 45% of GB Lease, a subsidiary of GB Auto, for EGP 855 million. This transaction comes as the latest episode in a series of investments made by Chimera in the non-banking financial services
Deal & transactions
Egypt
Healthcare, Pharma & Life Sciences
Sandoz Egypt Pharma signs new partnership with Ibnsina Pharma
Sandoz Egypt Pharma, a division of the Novartis Group, and Ibnsina Pharma, a pharmaceutical distribution company, have partnered to expand access to Sandoz’s over-the-counter (OTC) portfolio of products through a distribution and
Egyptian law firm, Eastern & Co. has appointed Hossam Atef (pictured) as its managing partner. Atef has extensive experience in the field of corporate law, with a focus on Mergers & Acquisitions and joint-ventures transactions.
The Sovereign Fund of Egypt (“TSFE”) has established a Joint Venture with Etisalat Egypt by e& to launch the new company Erada Microfinance with the goal
