The Egyptian General Petroleum Company has extended the contracts for three offshore drilling rigs operated by the Saudi Addis Holding Company. The move aims to boost Egypt’s oil and gas production and reduce import reliance. Details of the Extension: Rationale for the Extension: Mark Walim Aqladios (pictured) The group’s General Counsel for Legal Affairs, Mark […]
Capital Markets
Deal & transactions
Egypt
Redcon Properties Announce Strategic Expansion of Golden Gate
Redcon Properties announced the strategic sale of its administrative building at the Golden Gate project to Bonyan for Development and Trade, a prominent commercial real estate investment company. This transaction marks Bonyan’s eighth asset
Amethis MENA Fund II finalizes its fifth transaction by acquiring a minority stake in BBI, a renowned data management consultancy firm operating in the MENA region since 2009. BBI specializes in assisting clients across MENA in
Rizkana & Partners’ (R&P) litigation team has successfully represented its conglomerate French client in the stationary sector in a trademark infringement case in Egypt. R&P obtained a positive ruling for its
OGH Legal assisted Flex Group in the establishment of a new legal entity, Flex Asepto Egypt, a top manufacturer of packaging products. The process involved collaboration with the General Authority for Suez Canal Economic Zone (“
Egypt
Healthcare, Pharma & Life Sciences
Private Clients
Rizkana & Partners Wins Fraud Case for Canadian Client
Rizkana & Partners (R&P) has successfully secured a major victory for their Canadian client in the health sector. The litigation team, led by Managing Partner Hazim A. Rizkana (pictured), obtained a ruling leading
Egypt
Private Clients
Real Estate, Construction & Infrastructure
Riad & Riad Triumphs in $34.5 Million Construction Dispute
Riad & Riad has achieved a victory on behalf of their client, a Korean EPC construction company, in a high-stakes $34.5 million construction dispute. The dispute arose from a direct claim brought against the Korean company
Banking & Finance
Capital Markets
Deal & transactions
Egypt
Sarie Eldin & Partners Orchestrates Multi-Billion Islamic Financing
Sarie Eldin & Partners Legal Advisors, in collaboration with ADI Capital, has successfully facilitated Sharia-compliant Islamic Mudarbah Syndicated Facilities totalling EGP 2.8 billion for Giza Systems and VAS Integrated Solutions, subsidiaries of Arabian Internet and Communication
Riad & Riad has achieved success in defending a multinational food manufacturing company against food safety prosecutions, which included allegations of breaching Food Control Law, Fraud Combating Law, and National Food Safety regulations. The case
In a significant development, Shehata & Partners, has officially become a member of the Ally Law Network. This global legal network comprises approximately 80 member firms across nearly 50 countries Ally Law stands out for its commitment
