Shalakany has successfully represented their client, a major international hotel management company, in settling a claim worth more than USD 40 Million arising out of the hotel management agreement of one of the hotels in Egypt. Shalakany has successfully acted for their client in concluding an amicable settlement agreement with the hotel owner. After initiating a […]
Capital Markets
Egypt
Real Estate, Construction & Infrastructure
At Lease closes EGP 1.6 bn in securitized bond issuance.
Shari’ah-compliant leasing company AT Lease has closed its third securitized bond issuance worth EGP 1.6 bn The proceeds from the securitization process will be used to enhance the company’s financial position as well as
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Freshfields in Hayfin’s investment in the Imperial Avenue real estate
Asset management firms, Hayfin, has invested in the Imperial Avenue real estate project located in Downtown Dubai, UAE. The project is being developed by Shapoorji Pallonji International Real Estate Development (SPIPD), the development
Deal & transactions
Egypt
Real Estate, Construction & Infrastructure
SIDC and Al Ahly Capital to develop a new Industrial
Suez Industrial Development Company (SIDC), a majority-owned subsidiary of Orascom Construction, has signed an agreement with Al Ahly Capital Holding (ACH), the investment arm of the National Bank of Egypt, to jointly develop a 2.2 million
Banking & Finance
Egypt
Real Estate, Construction & Infrastructure
Hassan Allam Properties secures EGP 1.8 billion in financing
A Hassan Allam Properties subsidiary secured EGP 1.8 billion in financing from the National Bank of Egypt (NBE) and Arab African International Bank (AAIB) to finance its residential project Swan Lake West in Sixth of October.
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
Clyde & Co advised Babilou Group on the acquisition of
Babilou Family, innovative early education networks, has acquired Bright Kids Nursery (BKN), counting six centers across Abu Dhabi and Al Ain. Since its UAE launch in 2009, Babilou Family has rapidly grown as a premium childcare
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
CMS: ADIB finances Urbium Capital Partners’ acquisition of Sainsbury store
Abu Dhabi Islamic Bank (ADIB), a Shariah compliant financial institution, has provided structured Islamic financing of GBP 20 million to Urbium Capital Partners (UCP) for their acquisition of a Sainsbury’s store in Edinburgh, Scotland. The
