International law firm, Baker McKenzie has served as legal counsel for lenders in a dual-tranche, multi-currency facility extended to Giza Systems and VAS Integrated Solutions, both subsidiaries of Saudi Telecom Company. The facility comprises a
Tags :Helmy Hamza & Partners
Banking & Finance
Egypt
Transport
Afreximbank Grants $44M Aircraft financing facility to CIAF Leasing
Afreximbank, the African Export-Import Bank, has granted a US$44 million aircraft financing facility to CIAF Leasing, a company based in Egypt. The facility aims to strengthen CIAF Leasing’s leasing operations by enabling the acquisition
Banque Misr established the first REIT in Egypt, Egyptian Real Estate Fund (I) (Fund), that aims at investing in income generating portfolio of commercial real estate such as shopping malls, office buildings, medical and educational
Helmy Hamza & Partners, Baker McKenzie Cairo office, has advised the National Egyptian Railway Industries Company (“NERIC”) on its first offtake and supply agreement with Hyundai Rotem, the South Korean heavy industry company and the
Deal & transactions
Egypt
Healthcare, Pharma & Life Sciences
GSK Group completes demerger of Haleon Group. The advisors
Global healthcare company GlaxoSmithKline Services Unlimited (“GSK Group”) has completed the demerger of its consumer healthcare business to form global consumer healthcare company Haleon Group. The transaction was valued at GBP 55 million (approximately USD 63.8 million).
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
