Nour El-Hajjaji, a well-known lawyer in the Egyptian legal community, passed away a week ago, leaving a great void in the hearts of all who knew him. Nour’s contributions to the Egyptian legal community cannot be overstated. He was not only a respected and experienced lawyer but also a mentor and colleague to many lawyers, […]
Banking & Finance
Capital Markets
Egypt
ALC: Aur Leasing concludes EGP790m Securitized Bond Issuance
Private equity firm Aur Capital and Al Ahly Pharos have successfully concluded a securitized bond issuance worth EGP 790 million for Aur Leasing and Factoring. The issuance is backed by a portfolio of receivables valued at
Deal & transactions
TMT
United Arab Emirates
e& to acquire majority stake in Careem’s Super App for USD400m
Global technology and investments group e& has entered into a binding agreement with Uber Technologies and its subsidiary Careem to acquire a 50.03% majority stake in the spinout — Careem Technologies — with a USD 400
Contact Financial, an Egyptian consumer finance company, has successfully completed an EGP 1.9 billion securitized bond issuance for its consumer finance arms Contact Creditech and Contact Credit. The issuance, which is supported by an EGP 2.9 billion
Banking & Finance
Energy & Trading
United Arab Emirates
Yellow Door Energy secures Multi-Million Dirham Debt Refinancing
Yellow Door Energy, a sustainable energy developer in the MENA region, has successfully secured a multi-million dirham debt refinancing partnership with the National Bank of Fujairah. The deal, advised by law firm Stephenson Harwood, will
Akin announced the full launch of Innovative Legaltech Solution, OverRuled, a platform developed and owned by Akin Gump Solutions. OverRuled empowers lawyers and compliance practitioners to access and analyze consolidated data
It is with great sadness that the Egyptian legal community mourns the loss of Ehab Taha, a legal mentor and tycoon, who passed away on Friday during the holy month of Ramadan. Ehab was a
Vinson & Elkins and co-counsel Cleary Gottlieb successfully represented client Republic of Iraq (“Iraq”) in an ICC arbitration it brought in May 2014 against the Republic of Turkey (“Turkey”) and arising out of Turkey’s violations
Global law firm Norton Rose Fulbright has entered into an association with The Company of Mohammed A. Altammami for Legal Services. Riyadh-based partners Mohammed Altammami and Anwar Ouazzani of The Company of Mohammed A. Altammami
Banking & Finance
Egypt
Energy & Trading
Shalakany advises lenders in the ras ghareb wind farm project
Shalakany has acted as local counsel to several foreign and local financial institutions (including Japan Bank for International Cooperation, the European Bank for Reconstruction and Development, and Sumitomo Mitsui Banking Corporation, the Norinchukin Bank, Socié
