The winds of change are blowing across the business landscape of the Middle East. With a focus on economic diversification and a growing embrace of clean energy and technology, the region is poised for a potential surge in mergers and acquisitions (M&A) activity in 2024. This shift signals a promising future for the Middle East, […]
MBH Advises on Rixos Premium Alamein Hotel Agreement
Matouk Bassiouny & Hennawy (MBH) has successfully acted as the legal counsel for the owning company in negotiating and concluding the management agreement with Rixos, a part of Accor’s portfolio, one of the world’
Qalaa Holdings declares debt resolutions and restructuring plans
Qalaa Holdings has successfully negotiated a debt resolution valued at EGP 4.5bn with a consortium of four banks: Banque du Caire, Banque Misr, Arab African International Bank, and Al Ahli Bank of Kuwait. The settlement
Sharkawy & Sarhan, has announced the promotion of four of its rising stars. Nesma Abdelbary, Youmna Fahmy, and Menna Abouzekry who have been elevated to pivotal positions within the legal team, while Mariam Ahmed has
Sharkawy & Sarhan Law Firm announced their involvement in financing the Kom Ombo solar power project, which recently won the IJGlobal Global’s award for “Energy Transition Deal of the Year.” The project is a
Hafez & Partners has elevated associate Omar Saad (pictured) to the position of Counsel, effective January 1st, 2024. This elevation underscores the firm’s deep appreciation for Saad’s exceptional skills and expertise in advising both
In a significant development in the energy sector, the Oil & Gas team at Sharkawy & Sarhan has successfully served as the Egyptian legal counsel in the sale of the Neptune Energy Group to Eni
Zaki Hashem and Partners has provided legal counsel to the National Bank of Egypt (NBE) in its acquisition of a 24% stake in Hyde Park Developments from the Egyptian Arab Land Bank. Hisham Okasha, Chairman of
Egypt-based law firm, Sarie Eldin & Partners Legal Advisors, has forged a collaborative alliance with the Clinique Juridique de la Sorbonne in Egypt, a non-profit association based in France. This partnership aims to offer legal
ELSEWEDY ELECTRIC, a leading energy solutions provider, affirmed the signing of a Memorandum of Understanding (MOU) with the Faculty of Engineering at Alexandria University. This partnership marks the beginning of a promising collaboration between the