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
Norton Rose Fulbright has advised Société Générale on the €745 million sale of its Moroccan subsidiary Société Générale Marocaine de Banques (SGMB), and its insurance subsidiary La Marocaine Vie, to
White & Case advised Safco Ventures on a $141.9 million combined debt and equity raise for the design, construction, and operation of a sustainable aviation fuel (SAF) facility in Sheikhupura, Pakistan. This will be the first
Clyde & Co advised Zurich Insurance Group on its acquisition of American International Group’s (AIG) global personal travel insurance and assistance business, including Travel Guard. The business will operate as Zurich Cover-Moreand relocate its
