Dreny & Partners, has successfully closed the issuance of a senior unsecured short-term note for the Hermes Securities Brokerage Company (HSB), a subsidiary of EFG Hermes Holding. The transaction, worth EGP 600 million, marks the fifth issuance for HSB and the second in a multi-issuance program worth EGP 2 billion. Imane Raouf, Partner and Head […]
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CMS strengthens Middle East offering with partner hire
International law firm CMS continues its strategic expansion in the Middle East with the appointment of Energy and Infrastructure partner Keith Bullen. Keith joins CMS from EY Law MENA, where he led the Energy and
In a significant development for the global legal landscape, two major US law firms, Quinn Emanuel Urquhart & Sullivan and Morgan Lewis, are set to open offices in Saudi Arabia. This move comes in the
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Amr & Partners Paves the Way for Villeroy & Boch’s
Villeroy & Boch, an international ceramics manufacturer, has successfully established its manufacturing presence in Egypt. This milestone was achieved through a strategic partnership with Keramika Magenta, a prominent player in the local ceramics industry. Amr &
Capital Markets
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Egypt
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White Collar Crime
MBH Secures Favorable Settlement for Misr Beni Suef Cement CO
Matouk Bassiouny & Hennawy (MBH) announced a successful settlement for Misr Beni Suef Cement CO. in a prolonged dispute before the Egyptian courts. The dispute was related to an arbitral award issued by CRCICA in 2022
Segame & Maalmi, a multidisciplinary law firm established in 1995, has unveiled a significant rebranding to reflect its evolved business strategy and core values. This rebranding goes beyond a new logo or color scheme—it represents
Saudi Arabia’s low-cost airline, Flynas, has announced its intention to list shares on the Tadawul stock exchange this year. This move aligns with Saudi Arabia’s broader ambitions to expand its aviation sector and
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B Investments Acquires Majority Stake in Orascom Financial
B Investments announced the successful completion of its mandatory tender offer (MTO) to acquire approximately 70% of Orascom Financial Holding (OFH). This transaction is the first MTO to be executed in the Egyptian market through a
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Law Firm Leads the Way with Inaugural ESG Report
Al Tamimi & Company has released its first-ever Environmental, Social, and Governance (ESG) Report. The report details the firm’s sustainability initiatives that were carried out during 2023. The report highlights the outcomes of the company’
Freshfields Bruckhaus Deringer (‘Freshfields’) has unveiled the promotion of 40 new counsel, effective from 1 May 2024. Spanning various regions and practice groups, the newly appointed counsels embody Freshfields’ dedication to fostering a diverse and skilled workforce. Their
