Matouk Bassiouny & Hennawy (MBH) recently served as legal counsel to Azorra, an aircraft leasing company, in its acquisition of 12 Airbus A220-300s from EGYPTAIR. The acquisition is part of Azorra’s strategic efforts
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News
Real Estate, Construction & Infrastructure
United Arab Emirates
Majid Al Futtaim Breaks Ground on Tilal Al Ghaf Projects
Under the guidance of Chief Legal Officer Hassan Basil Hassan (pictured), Majid Al Futtaim Development, part of Majid Al Futtaim, has commenced groundbreaking for two residential projects at its flagship destination, Tilal Al Ghaf.
Egypt
Private Clients
Real Estate, Construction & Infrastructure
Hafez & Partners Secures Victory in AD-HOC Arbitration Case
Hafez & Partners‘ Disputes Team has secured a major win for their client in an ad-hoc arbitration proceeding held at CRCICA. The firm represented the respondent in this case and successfully persuaded the arbitral tribunal
Al Tamimi & Company appointed Amr Namek (pictured) as the new Corporate Commercial Partner in Egypt. This strategic move is set to bolster the firm’s expertise in mergers, acquisitions, and projects. Namek, a distinguished
Banking & Finance
Capital Markets
Saudi Arabia
Norton Rose Guides CME Group in DME Stake Acquisition
Global law firm Norton Rose Fulbright has provided legal counsel to CME Group Inc. (CME), the derivatives marketplace listed on Nasdaq, regarding a binding agreement with Saudi Tadawul Group Holding Company (STG), a Saudi-exchange listed
International law firm, Addleshaw Goddard has successfully obtained a Foreign Law Firm License from the Saudi Ministry of Justice, marking a significant milestone in its expansion plans. The firm had earlier revealed its intention to
Matouk Bassiouny & Hennawy (MBH) served as international legal advisor to ZCP, a Sawiris family-backed investment firm, in its USD20 million investment in Solva Group Ltd (‘Solva’) and its subsidiaries, a prominent fintech business in
Sharkawy & Sarhan Law Firm (Sharkawy & Sarhan) has been instrumental in the pivotal step forward for the transformative Damietta Port Project, participating in the signing of the Financing Documents following the earlier signing of
Banking & Finance
United Arab Emirates
Latham & Watkins: Tabby’s Debt Financing and Series D Extension
International law firm Latham & Watkins has provided legal counsel to Tabby, a prominent shopping and financial services app in the Middle East, in securing a substantial US$700 million in receivables securitization from J.P.
Deal & transactions
Energy & Trading
United Arab Emirates
TAQA Explores Shareholding in Greece-Cyprus HVDC Project
In a significant move towards enhancing energy connectivity in the Eastern Mediterranean, Abu Dhabi National Energy Company (TAQA), a major utility player, has signed a Memorandum of Understanding (MoU) to explore becoming a shareholder in
