AS&H Clifford Chance advised Ma’aden on the acquisition of an additional 25% stake in MWSPC from Mosaic Phosphates. In exchange Ma’aden will issue new shares to Mosaic representing approximately 2.92% of its entire
Dreny and Partners advised Al Ahly Leasing & Factoring company on its 2nd securitization transaction of the 3rd multi-issuances program for their financial leasing portfolio amounting to EGP 878 Million. The operation is part of a
As of 1 January 2025 Matteo Grassani (in photo) will be the new general counsel of Zahid, a Saudi group operating in various sectors, including construction, mining, oil and gas, agriculture, energy, transport and logistics, real estate,
Helmy Hamza & Partners Baker McKenzie Cairo has acted as transaction counsel in the initial public offering (IPO) of the United Bank, which is primarily owned by the Central Bank of Egypt, on the EGX (
K&A advised Gulf Union Al Ahlia Cooperative Insurance (GUAI) on its merger agreement with Gulf General Cooperative Insurance (GGI), along with GUAI’s firm intention to make an offer in that respect. Both
Helmy Hamza & Partners Baker McKenzie Cairo office, has acted as the sell-side legal advisor to Raya Holding and Raya Data Centre (RDC) in a USD 15 million investment by Africa50. The investment, which is pending
Dreny & Partners advised the closure of One Finance Consumer Finance’s second securitization transaction for their consumer finance portfolio, amounting to EGP 679 million. This transaction is part of a wider 3-year multi-issuance program with
Meysan advised Sanam Innovation Holding Company (SIHC) and Arzan Financial Group for Financing and Investment as buyers in their acquisition of 75% of NATMED. The transaction is valued at approximately $33 million. Sanam Innovation Holding Company and
Khoshaim & Associates (K&A) advised EMAAR, the Economic City – the master developer of King Abdullah Economic City (KAEC) – in structuring, negotiating, and drafting several lease agreements in the Special Economic Zone (SEZ) located
GLA & Co advised Heidelberg Materials Suez Cement on a capital increase of up to EGP 6 billion, the largest of 2024 in the Egyptian market. The capital increase required multiple governmental approvals, including from the Financial
