Sharkawy & Sarhan acted as the Egyptian legal adviser to The International Finance Corporation (IFC) on securing USD250 million long-term loans to Commercial Bank International (CIB) to support its capital and fund green projects. The
Sharkawy & Sarhan, a leading Egyptian legal firm, proudly announces its role as the legal adviser to the International Finance Corporation (IFC) in a groundbreaking financial transaction. The firm played a crucial role in facilitating
Eni International (“Eni”) along with Vår Energi (“Vår”) have reached an agreement to acquire Neptune Energy Group Limited (“Neptune”) for an aggregate enterprise value (subject to customary adjustments) of $4.9 billion. Founded in 2015 in
Sharkawy & Sarhan acted as Egyptian legal adviser to The European Bank for Reconstruction and Development (EBRD), The OPEC Fund for International Development and The African Development Bank (AFDB) in respect to the financing. Latham &
Vodafone has announced that it has agreed to transfer its 55% shareholding in Vodafone Egypt to its sub-Saharan African subsidiary, Vodacom Group Limited, for cash and new ordinary shares in Vodacom. The transaction is valued at €2.72
Sharkawy & Sarhan acted as Egyptian counsel to the Vodafone Group (“Vodafone”) in relation to the transfer of its 55% shareholding in Vodafone Egypt to Vodacom. The spam of the transaction took more than a year.
The European Bank for Reconstruction and Development (“EBRD”) is supporting the green economy in Egypt with a USD 100 million loan to Banque Misr for on-lending to local small and medium-sized enterprises (
Elsewedy Electric, Egyptian global providers of energy, digital, and infrastructure solutions, has secured a USD150 million loan from the International Finance Corporation (“IFC”), a member of the World Bank Group. IFC’s USD150 million investment,
Renewable energy solutions provider Scatec has completed the refinancing of the non-recourse project debt for 6 solar power plants in Benban, Egypt, with a total capacity of 380 MW, through the issuance of 19-year USD 334.5
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