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 sector in Egypt and shows its confidence in the Egyptian market and the high prospects of this developing sector of the Egyptian economy. Adsero – Ragy […]
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
Zulficar & Partners Law Firm has welcomed Rana El-Nahal to its partnership. She will be part of the firm’s corporate and M&A Group. El-Nahal has a wealth of experience, having advised clients
Eldib & Co Attorneys at Law has welcomed Marwan Eissa (pictured) to its partnership, effective 1 January 2023. Eissa is an expert in Intellectual Property law and has a wealth of experience representing major clients, small businesses,
Etisalat Egypt by e& and The Sovereign Fund of Egypt (TSFE) have partnered together to launch the new company Erada Microfinance. Enabled by fin-tech, Erada is granted license allowing access to a diversified set
Deal & transactions
Egypt
Energy & Trading
Apex acquires and finances concessions in Egypt’s western desert
Herbert Smith Freehills has advised Apex International Energy (“Apex”) on its acquisition of interests in four concessions in the Western Desert region of Egypt from IEOC Production (“IEOC”), a subsidiary of Eni. Apex International Energy
Meysan Partners’ Cairo office recently witnessed a team expansion with the joining of Dispute Resolution partner Tarek Badawy (pictured) and his Egypt-based team members senior associates Salma Abdelaziz and Ismail Lamie and paralegal Shereen Botros.
Egypt-based law firm, Shalakany has elected Sherry El Shalakany (pictured) to its partnership. Sherry El Shalakany joined the Firm in November 2007 in the Corporate Department up to date. Her practice includes corporate & commercial,
