Adsero advised Sylndr Egypt, an Egyptian used-car online marketplace, on securing an EGP 370 million working capital facility from a group of lenders. The lenders comprised EFG Corp-Solutions, the leasing and factoring arm of EFG Holding,
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Adsero advised Ezdehar Management (Ezdehar), an Egypt-based private equity firm, on the full acquisition of the food retailer Zahran Market, advised by Matouk Bassiouny after purchasing the remaining 40% stake. This deal marks
Adsero advised Telecom Egypt (TE) in the successful signing of a long-term EGP 18 billion syndicated loan facility aimed at financing the company’s operations through a syndication of 13 banks, led by CIB Egypt – advised by
Adsero advised UMX Studio in its recent acquisition by Jetapult, a global investment company in the gaming sector. UMX Studio UMX Studio is a Saudi game development studio that focuses on mobile games. Founded in 2014,
Adsero advised the sellers – Ayady Egypt for Investment & Development (Ayady), NI Capital Holding for Financial Investments (NI Capital), and Post For Investment (PFI) – on the divestment of Tamweely Microfinance (
Adsero acted as local counsel regarding Egyptian law for the European Bank for Reconstruction and Development (EBRD) on signing an extension loan agreement of EGP 341 million with Abou Ghaly Motors (AGM). This loan will support
Malak Khalil (pictured), partner, head of energy, environment, and natural resources at Adsero, has joined the advisory board of the CEO Women Conference. Malak Khalil She specializes in energy, environment, and natural resources law. Khalil
Adsero advised The Egypt Education Development Fund Company – a joint venture (JV) established by The Sovereign Fund of Egypt (TSFE) and the Universities Support and Development Authority (USDA) – on partnering with Al Ahly CIRA for
Adsero – Ragy Soliman & Partners acted as Egyptian local counsel to Telecom Egypt, the country’s full-service telecom operator, on a USD 200 million loan granted by Banque Misr UAE as lender, mandated lead arranger, and
Adsero acted as lead legal consultant to A15, an early-stage venture fund investing in pre-seed and seed rounds of start-ups in the MENA region, and the founding shareholders of Link Development, a global technology solutions
