Sharkawy & Sarhan acted as Egyptian counsel to the Vodafone Group (“Vodafone”) in relation to the transfer of its 55% shareholding in Vodafone Egypt to Vodacom. The spam of the transaction took more than a year. The transaction was subject to the approval of the Egyptian regulators (including the NTRA, FRA and the EGX) as well […]
Dreny & Partners has acted as legal counsel for telecommunication company, Vodacom in its acquisition of a 55% stake in telecom network operator Vodafone Egypt for an equity consideration of circa USD2.738 billion. The
Deal & transactions
Egypt
Energy & Trading
Mazghouny & Co secures golden license for a green hydrogen
Mazghouny & Co has successfully assisted the sponsors’ consortium in obtaining the unified license, also known as the “Golden License”, for a green hydrogen project with a total capacity of 100MW at the Suez Canal
Banking & Finance
Deal & transactions
Egypt
Shalakany advises the Lenders of the Amunet Wind Project
Shalakany has acted as local counsel to several foreign and local financial institutions (including, among others, Japan Bank for International Cooperation, Nippon Export and Investment Insurance, the International Finance Corporation (IFC) and Commercial International Bank (
Shahid Law Firm has successfully secured a win in the appeal court for its client, MBC Group, in the dispute against actor Mohamed Ramadan. The court amended the judgement, raising the compensation to be
BMW Group, premium manufacturer of luxurious, sporty, and electric automobiles, has appointed Global Auto Group as the new importer of BMW and MINI in Egypt. Zaki Hashem & Partners (“ZH&P”) acted as
Deal & transactions
Egypt
Energy & Trading
AMEA Power secures USD1.1B Wind and Solar Energy deal in Egypt
Renewable energy company AMEA Power has achieved the financial close to deliver 1GW of renewable energy projects in Egypt. The landmark 500MW wind and 500MW solar projects, represent USD1.1 billion of investment into the Egyptian
Deal & transactions
Egypt
Energy & Trading
Baker McKenzie with AMEA Power on 2 renewable projects in
Baker McKenzie Cairo acts as the Egyptian Legal Counsel to AMEA Power on the development and financing of two renewable projects in Egypt with a capacity of 1000 megawatts and value of USD 1.1 billion. The projects,
Shalakany has successfully defended its client, a hotel operator, in a court case brought against the client before an Egyptian court. The dispute stems from a hotel management agreement and involved allegations of contractual breach
Fintech startup Blnk has raised USD23.7 million in equity and debt funding, and USD8.3 million in securitized bond issuance to accelerate financial inclusion within underserved communities across the country. The funds will support further development
