Ms Rehan El-Bashary KC > Shahid Law Firm > Cairo, Egypt > Lawyer Profile

Ms Rehan El-Bashary KC

+202 2393 5557 rehan.elbashary@shahidlaw.com View profile View profile View profile View profile

Work Department

Commercial, Corporate, and M&A

Position

Partner & Head of Venture by Shahid

Career

Rehan is a partner at Shahid Law Firm. Rehan has 12 years of transactional experience and specializes in joint ventures, mergers and acquisitions, cross-border transactions, equity and convertible debt funding rounds, divestures, creating and vetting corporate structures and restructurings.

Throughout her career, she gained experience in perfecting corporate governance and best practices for multinational operations in the various industries she was exposed to. Her recent experience includes advising leading multinational companies, investors and entrepreneurs in different sectors, both local and international markets, including digital and technology, FinTech, E-commerce, advertising, real estate, F&B, and entertainment.

Prior to re-joining Shahid Law Firm in 2018, Rehan worked as a Legal Affairs Manager at Gemini Egypt Holding for Financial Investments, a Sawiris Family Office Company, which her experience included handling high-profile transactions in the financial services, real-estate development and tourism sectors; particularly, advising on the landmark sale of the majority stake in Egypt’s leading microfinance institution; Reefy for Microfinance Services to CI Capital. Rehan also advised on the acquisition of the majority stake in M.M. Makronisos Marina Ltd, a company which holds the concession for the development of the marina in Ayia Napa area in Cyprus; and had assisted as well in the restructuring and consolidation of Gemini’s ownership in Elite Estates, the owner of a luxurious real estate project in Pakistan.

In addition to her position as a Partner at Shahid Law Firm, Rehan is also the Head of “Venture by Shahid”; the Firm’s VC and startup focused practice group that provides legal services to the startup ecosystem and venture capital funds.

Deals/Highlights

• Advising Queen’s Gambit Growth Capital (100% female-led SPAC) from an Egyptian law standpoint on its USD 1.5 billion combination with Swvl which is expected to be the first USD 1 billion plus unicorn from the Middle East to list on Nasdaq and only tech-enabled mass transit solutions company to list on any stock exchange.
• Advising Cartona; a B2B E-Commerce platform on a USD 4.5 million Pre-Series A Equity Funding Round led by Global Ventures.
• Advising Sawari Ventures on a USD 2.5 million Series A Equity Funding Round in E-Commerce Egyptian company ExpandCart.
• Advising on the acquisition of Cairo-based sports data startup Arqam FC by UK-based football analytics company StatsBomb Services Limited.
• Handling the investment of Gemini Enterprises Africa LLC in the award-winning startups of the Uplift4GFF initiative.
• Advising zVendoan Egyptian eCommerce SaaS solution provider on a Seed Equity Funding Round led by EFG EG FinTech.
• Advising Lobby Capital LP on a Pre-Series A Equity Funding Round in WaffarX.

Languages

Arabic (native) English (fluent)

Memberships

Rehan is also a member of the Business-Women of Egypt 21 (BWE 21) and a board member of Banati Foundation.

Personal

Rehan is described by clients as: “very cooperative, responsive and a subject matter expert in our business and legal domain which she has helped a lot in accelerating all our legal contracts, terms and conditions for our platform and all the stuff we referred to her.” Also, “Rehan Elbashary has been a fantastic asset on the transaction. Her attention to detail and attitude towards taking absolutely every argument to its logical conclusion is wholly impressive.”

Rehan Elbashary also leads Venture by Shahid, the firm’s department focusing on start-ups and entrepreneurs. Clients described Venture by Shahid as ‘one of the very few practices fully dedicated to venture capital transactions in a very nascent market in Egypt’, and that its practice is “unique to venture capital and is solely focused on the space unlike other players in the market.”