Global law firm Norton Rose Fulbright has successfully advised bp on its strategic entry into a joint venture (JV) with the Abu Dhabi National Oil Company (ADNOC) in Egypt. Under the terms of the agreements, bp will hold a 51% stake in the JV, while ADNOC will hold a 49% stake. The venture aims to […]
Banking & Finance
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Zaki Hashem & Partners Advises B Investments in Acquisition
Zaki Hashem, Attorneys at Law, is pleased to announce its role in advising B Investments Holdings SAE (B-Investments) in a mandatory tender offer to acquire up to 90% of Orascom Financial Holding (OFH). The acquisition, a
Apex International Energy, a leading energy company, has announced a significant partnership with the Egyptian Natural Gas Company (GASCO) during the Egypt Energy Show (EGYPES) 2024 The partnership, formalized through a Memorandum of Understanding (MOU), will
Telecom Egypt, the integrated operator of communications and Information Technology services in Egypt, has entered into a strategic partnership with Huawei during the Mobile World Congress (MWC 2024) to deploy 5G network infrastructure. This collaboration underscores
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Egypt
United Arab Emirates
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New branch of Khodeir & Partners inaugurated in the UAE
Khodeir & Partners (KP) has announced its expansion into the United Arab Emirates (UAE) with the establishment of a fully licensed office under the name Khodeir & Partners. To spearhead this new venture, Ammar El
The European Bank for Reconstruction and Development (EBRD) and Banque du Caire (BDC), one of Egypt’s most prominent banks, have inked a new partnership to enhance support for micro, small, and medium-sized enterprises (MSMEs)
Deal & transactions
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Egypt
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Oil & Gas
Egypt Boosts Skill Development with New Technical Schools
The Egyptian Ministry of Petroleum and Mineral Resources, in collaboration with Eni and local entities, signed significant cooperation agreements to establish new Applied Technical Schools in Damietta and Marsa Matrouh governorates. These schools, operated
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United Arab Emirates
UAE to Invest $35 Billion in Ras El-Hekma in Landmark
In a groundbreaking move set to redefine Egypt’s coastal landscape, ADQ, an Abu Dhabi-based investment and holding company, is spearheading a USD 35 billion investment in the Ras El-Hekma region. The project has been described
Mazghouny & Co has provided legal counsel to Scatec, a Norwegian renewable energy developer, in its collaboration with Misr Aluminium Company (EgyptAlum). The agreement, inked on February 20, 2024, focuses on the development of a groundbreaking 1GW
Giza Systems, a prominent technology solutions provider, has successfully secured financing totaling USD 84 million for a Murabaha facility and EGP 2.82 billion for a Mudharaba facility. These funds are structured to support the expansion initiatives of
