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 Services Company (solutions by STC). The consortium includes prominent banks such as Bank ABC-Egypt, Credit Agricole Egypt, Emirates NBD, […]
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
Capital Markets
Deal & transactions
Egypt
Updates
Levari Law Firm, serving as Avanz Capital Egypt’s legal advisors
In a move poised to accelerate the e-commerce boom across the region, Avanz Capital Egypt, a leading private equity firm dedicated to empowering Egyptian SMEs, has announced a strategic investment in Bosta, the undisputed champion
International law firm, Baker McKenzie has served as legal counsel for lenders in a dual-tranche, multi-currency facility extended to Giza Systems and VAS Integrated Solutions, both subsidiaries of Saudi Telecom Company. The facility comprises a
Rizkana & Partners has announced the latest promotions within its esteemed ranks and the addition of new talent to its growing team. These developments underscore the firm’s dedication to fostering talent, strengthening its capabilities,
Matouk Bassiouny & Hennawy (MBH) recently served as legal counsel to Azorra, an aircraft leasing company, in its acquisition of 12 Airbus A220-300s from EGYPTAIR. The acquisition is part of Azorra’s strategic efforts
Capital Markets
Deal & transactions
Egypt
Industrial
Raya Auto partners with XPeng Motors to import electric vehicles
Helmy, Hamza & Partners, Baker McKenzie Cairo had advised Raya for Advanced Manufacturing (“Raya Auto“) on its agreement with Guangzhou Xiaopeng Motors Trading Co Ltd (“XPeng Motors”), a Chinese electric vehicle (EV) manufacturer. Raya Auto,
Matouk Bassiouny & Hennawy (MBH) has acted as legal counsel to Dentsu in the acquisition of a 100% stake in its Egyptian subsidiary, Dentsu Creative for Media and Advertising Services S.A.E. (Dentsu Egypt). In 2016,
Telecom Egypt, the state-owned telecommunications company, has secured a license to operate fifth-generation (5G) mobile phone services in the country, the Cabinet announced on Tuesday. The license, which costs $150 million, will allow Telecom Egypt to
