Banque Misr established the first REIT in Egypt, Egyptian Real Estate Fund (I) (Fund), that aims at investing in income generating portfolio of commercial real estate such as shopping malls, office buildings, medical and educational centers within Greater Cairo. Helmy Hamza & Partners, Baker McKenzie Cairo team has represented Banque Misr in the transaction. […]
Banking & Finance
Transport
United Arab Emirates
Hassana to invest USD2.4b in DP World’s flagship UAE assets
International law firm Clifford Chance has advised DP World, a global infrastructure-led supply chain solutions provider, on the USD2.4 billion investment in three of its flagship UAE assets by Saudi Arabia-based Hassana Investment Company, the
Capital Markets
Deal & transactions
Egypt
TMT
Sharkawy & Sarhan with Vodafone on the acquisition by Vodacom
Sharkawy & Sarhan acted as Egyptian counsel to the Vodafone Group (“Vodafone”) in relation to the transfer of its 55% shareholding in Vodafone Egypt to Vodacom. The spam of the transaction took more than a year.
CMS advised Oman Broadband Company on a major new financing deal using a hybrid facility in a deal worth USD 445 million. . Mandated by the Government to build and develop a broadband structure to address low
Global law firm Clyde & Co has hired corporate and M&A lawyer Mohamed Barakat (pictured) as a partner in the Middle East and Africa (“MEA”) region and its global corporate & advisory practice.
Dreny & Partners has acted as legal counsel for telecommunication company, Vodacom in its acquisition of a 55% stake in telecom network operator Vodafone Egypt for an equity consideration of circa USD2.738 billion. The
The first edition of the Legalcommunity MENA Awards is fast approaching. The event that will be held at the Hilton Cairo Heliopolis Hotel, Egypt, on the 21st of December, is an opportunity to celebrate the
Appointments
United Arab Emirates
Lisa Bryson joins Eversheds Sutherland’s Middle East employment practice
Eversheds Sutherland has further strengthened its employment offering in the Middle East with the arrival of Partner Lisa Bryson from its UK office in Northern Ireland to Dubai. Bryson brings more than two decades of
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
CMS advises on Aldar Properties’ partnership with Nobu Hospitality
International law firm CMS has advised UAE’s real estate developers and managers Aldar Properties (“Aldar”) on its exclusive partnership with Nobu Hospitality to develop a new luxury hotel, branded residences, and a fine dining
Deal & transactions
Egypt
Energy & Trading
Mazghouny & Co secures golden license for a green hydrogen
Mazghouny & Co has successfully assisted the sponsors’ consortium in obtaining the unified license, also known as the “Golden License”, for a green hydrogen project with a total capacity of 100MW at the Suez Canal
