Banking and finance in Egypt

Al Kamel Law Office

'The team is responsive, diligent and knowledgeable', says a client of Al Kamel Law Office, which has played a key role in many of Egypt's market-leading finance transactions for more than 20 years. Practice heads Mohamed Kamel and Rasheed Kamel, along with up-and-coming partner Shahira Khaled, frequently act as local counsel for international law firms including Slaughter and May. They advise international banks and large domestic borrowers on cross-border financings and are particularly strong in project finance.

Practice head(s):

Mohamed Kamel; Rasheed Kamel

Other key lawyers:

Shahira Khaled

Testimonials

‘The AK team is incredibly responsive and knowledgeable. They consistently deliver commercially-sound advice and understand the needs of international counsel and foreign clients. They rank equivalent to other first-tier firms in the market.’

‘Rasheed Kamel has a calm and thorough style, and is deeply experienced and practical in applying local law to the needs of international transactions.’

‘Shahira Khaled is an outstanding young partner with an incredible work ethic and a range of knowledge that more senior partners would envy. She is a rising star of the Egyptian Bar.’

‘The team is responsive, diligent and knowledgeable.’

Key clients

Export-Import Bank of the United States

UK Export Finance and Overseas Private Investment Corporation

Lactalis – Halawa Group

Bayerische Landesbank

DEG-Deutsche Investitions- und Entwicklungsgesellschaft

Oesterreichische Entwicklungsbank AG

Nordea Bank

Palm Hills Developments

Arab African International Bank

Work highlights

  • Acting as local legal counsel and Mayer Brown as international legal counsel to Export-Import Bank of the United States, UK Export Finance and Overseas Private Investment Corporation, SACE, S.p.A., in connection with a proposed petrochemical project financing transaction with a total value of approx. $11bn.
  • Advising DEG-Deutsche Investitions Bank in respect of a facility in the amount of $10m granted to Sekem Holding.
  • Advising Oesterreichische Entwicklungsbank AG, the Republic of Austria development bank, with respect to a facility in the amount of €7m granted to Lotus For Organic Products Company, Atos Company for Herbal Medicine Manufacturing S.A.E. & Naturetex Company for Clothes S.A.E.

Helmy, Hamza & Partners (member firm of Baker & McKenzie Interna

Helmy, Hamza & Partners (member firm of Baker & McKenzie International) is best known for its financing work in the oil and gas, petrochemicals, power, renewable energy, infrastructure, aerospace, financial services, government, healthcare, real estate, TMT and hotels sectors. Managing Partner Mohamed Ghannam and Lamyaa Gadelhak lead the banking, finance and projects practice, which acts for lenders, development financial institutions, multilateral agencies, export credit agencies and sponsors on large cross-border transactions, particularly in project, acquisition, trade and real estate finance, as well as securitisation and derivatives.

Practice head(s):

Mohamed Ghannam; Lamyaa Gadelhak

Key clients

Commercial International Bank

National Bank of Egypt

The Export-Import Bank Of Korea

Japan Bank For International Cooperation

African Development Bank

The European Investment Bank

Qatar National Bank (QNB)

Bank of Alexandria

Industrial Development and Workers Bank of Egypt

The United Bank

International Finance Corporation (IFC)

African Export-Import Bank (Afreximbank)

Arab Republic of Egypt through the Ministry of Finance

J.P. Morgan Securities PLC and Deutsche Bank, AG [London Branch]

European Bank for Reconstruction and Development

Emirates NBD (S.A.E)

Egyptian Centers for Real Estate Development S.A.E.

Marakez Al Sokhna for Real Estate Projects S.A.E,

Edita food Industries

Banque Misr

Africa Finance Corporation

Attijariwafa bank

Trade Development Bank

Work highlights

  • Adivsed on the biggest project financing in the history of Egypt, acting as a local counsel to the term loan finance parties in connection extending a financing of more than $3.2bn to finance a greenfield refinery owned and operated by the Egyptian Refining Company (Takrir) S.A.E. in Mostord, Egypt.
  • Advised on the first shari’ah-compliant sukuk to be issued in Egypt under Egypt’s sukuk law, acting for Arab Company for Projects and Urban Development SAE as issuer counsel and EFG Hermes as underwriter counsel.
  • Advising on the first issuance programme of short-term securitisation bonds for a Microfinance Loan Portfolio in Egypt, on behalf of Tanmeyah Micro Enterprise Services; the EGP3bn securitisation was the first of its kind in Egypt.

Matouk Bassiouny & Hennawy

'The firm has a more personable approach to deals and to the client' remarks a client of Matouk Bassiouny & Hennawy, adding that 'it deals in a very professional manner, but adds a more human touch to the interactions, seldom observed with other local or international law firms'. The practice, led by Mahmoud Bassiouny, acts for local and international lenders in cross-border finance transactions and the local debt market transactions, notably in the energy, infrastructure, transport and real estate sectors. Senior associate Nadia Abdallah and counsel Ashraf Hendi are also recommended.

Practice head(s):

Mahmoud Bassiouny

Other key lawyers:

Nadia Abdallah; Ashraf Hendi

Testimonials

‘The team has very strong knowledge of Egyptian law requirements for project financing especially when it comes to the details of the security package and security perfection.’

‘Diversity – I see many young, very smart individuals on the assigned team for the deal, especially young women.’

‘The firm has a more personable approach to deals and to the client. It deals in a very professional manner, but adds a more human touch to the interactions seldom observed with other local or international law firms I have dealt with.’

Key clients

Dubai Aerospace (DAE)

Cairo 3A

Hassan Allam Holding

Abu Dhabi Commercial Bank PJSC

Mashreq Bank PSC

Coca Cola Bottling Company in Egypt S.A.E.

Middle East Glass Manufacturing Company S.A.E.

Lekela Egypt Wind Power BOO S.A.E.

Industrial and Commercial Bank of China

Export Development Canada

First Abu Dhabi Bank PJSC

Agence Française De Developpement (AFD)

LEONI Wiring Systems

Egyptian Maintenance Company

Arab African International Bank

DP World

Sonker Bunkering Company S.A.E.

Work highlights

  • Acted as transaction counsel in connection with the prepayment by Dubai Aerospace of facilities extended from Emirates NBD Bank for the purposes of financing the acquisition of two Boeing 737-800 aircraft on lease to EgyptAir.
  • Advised EBRD as local counsel in connection with a $100m revolving facility to finance part of the working capital needs of Louis Dreyfus Company’s subsidiaries active in Switzerland, Ukraine, Turkey, Egypt and Kazakhstan.
  • Advised Sonker Bunkering Company in connection with the rescheduling of its senior and mezzanine debt extended by the International Finance Corporation, European Bank for Reconstruction and Development, Commercial International Bank Egypt and Bank Audi S.A.E.

MHR & Partners in association with White & Case LLP

MHR & Partners in association with White & Case LLP shows 'great understanding, knowledge and expertise in the banking and finance structures on local, regional and global levels'. The firm's Egyptian, English and US-qualified lawyers act for local and global corporates, financial institutions, government-related enterprises and government bodies in innovative and complex transactions. Philip Stopford, Ziad Gadalla, Tarek Mohanna and Sherief Rashed focus heavily on project finance, though their work also encompasses capital markets issuance, Islamic finance and cross-border lending.

Practice head(s):

Philip Stopford; Ziad Gadalla; Tarek Mohanna; Sherief Rashed

Testimonials

‘Great understanding, knowledge and expertise in the banking and finance structures on local, regional and global levels. MHR combines legal expertise with practice resulting in good understanding of the needs of their clients. Timely and profound responses is what to expect from the firm.’

‘Complex matters are not handled by one partner, but rather delegated to associates/senior associates, unlike other firms.’

‘Sherief Rashed is a well experienced and knowledgeable lawyer in the financing and banking sector, who is always able to assist on complex matters in a short time and provide proper advice and solutions to mitigate any complexities or misunderstandings.’

Key clients

Carbon Holdings

Abu Dhabi Islamic Bank

ADES International Holding Ltd.

CI Capital

NI Capital

EFG Hermes

Tahrir Petrochemicals Company

Egypt Hydrocarbon Corporation (EHC)

Sixth of October for Real Estate and Development (Sodic)

Egyptian Ethylene and Derivatives Company (Ethydco)

HSBC

Commercial International Bank

Banque Misr

European Bank for Reconstruction and Development (EBRD)

African Export Import Bank (Afreximbank)

Arab Petroleum Investments Cooperation

Arab African International Bank

Egypt Gulf Bank

United Real Estate Company

Canal Sugar Company

Work highlights

  • Advising on all aspects of the proposed multi-billion dollar Tahrir petrochemical complex in Egypt.
  • Represented ADES International Holding PLC in connection with the issuance of a $325m high-yield bond; the refinancing of their existing $450m syndicated facility; and a number of working capital facilities totalling in aggregate $250m.
  • Advised SODIC in relation to EGP1bn facility from Commercial International Bank Egypt to finance the commercial and retail park in New Cairo.

Shalakany Law Office

Shalakany Law Office is 'one of the go-to firms in Egypt'. The firm is consistently involved in some of the largest transactions in the market, often acting as local counsel for international law firms, and its recent work includes a major debt restructuring for one of Egypt's largest flour production companies. Project finance is another key area of its work and it was involved in the financing of the West Bakr Power Project. 'Erudite and strategic thinker' Aly El Shalakany and Mariam Fahmy lead the banking practice and 'deliver reliable and thorough advice'.

Practice head(s):

Aly El Shalakany; Mariam Fahmy

Testimonials

‘The team is led very well by Aly Shalakany and Mariam Fahmy who deliver reliable and thorough advice. Excellent finance lawyers who also have a good grasp of the relevant regulatory issues.’

‘Aly Shalakany is erudite and a strategic thinker, always on point and always available to help. Mariam Fahmy is a good technician and up-and-coming partner.’

‘The firm has very good knowledge of the banking law and practices in Egypt and practical advice on how to deal with related issues, particularly on taking security. They provide consistently thorough and timely advice and proved to be a reliable team.’

‘Mariam Fateen Fahmy has the ability to put together and manage a team of associates who equally contribute to the general quality of work delivered by the firm.’

‘I have found them responsive and insightful with local law guidance and advice. Compared to others in their market, Shalakany is one of the go-to firms for us in Egypt.’

Zaki Hashem & Partners, Attorneys at Law

Zaki Hashem & Partners, Attorneys at Law has a broad practice that covers trade finance, securitisation, securities lending, Islamic finance, IPOs, leveraged finance and capital markets. In these areas, it is frequently involved in the market's leading transactions, among recent highlights being the Arab Republic of Egypt's GMTN Programme and the first green bond issuance in the MENA region. Of counsel Ragia Omran leads on banking, finance and international debt capital markets. Helal El Hossary leads on capital markets and securitisations. Among the strong senior associates are Peter Maurice and Soha El Ezaby.

Practice head(s):

Ragia Omran; Helal El Hossary

Other key lawyers:

Peter Maurice; Soha El Ezaby

Key clients

Abu Dhabi Islamic Bank – Egypt (ADIB)

AIG Egypt Insurance Company

Arab African International Bank (AAIB)

Arab Bank

Attijariwafa Bank Egypt

Banque Misr

Beltone Group of Companies

Biomerieux

British Embassy

Byblos Bank

CaixaBank, S.A

CI Capital Investment Banking

Commercial International Bank Egypt (CIB Egypt)

Commercial International Investment Company (CIIC)

Corplease

Deutsche Bank

Dunia Finance L.L.C.

EFG Hermes

Egypt Factors S.A.E.

Egypt Foods S.A.E.

Egyptian Gulf Bank S.A.E.

Enppi

European University in Egypt “EUE”

Hang Seng Bank Limited (HASE)

Holding Company for Investment & Development (an affiliated Company to Housing & Development Bank)

International Finance Corporation (IFC)

Madinet Nasr for Housing and Development

Mashreq Bank

Middle East Turnaround Investment (Haykala)

MM Holding For Paper and Packaging

Morgan Stanley

National Bank of Egypt

National Investment Bank

Natixis

Qatar Islamic Bank (QIB)

Qatar National Bank (QNB)

Ra

Work highlights

  • Advising the Joint Lead Managers in the $4bn issuance and the $2bn issuance under the Arab Republic of Egypt’s $30bn Global Medium Term Note Programme.
  • Advising UK Export Finance and JPMorgan in the ca. €1.9bn loan granted to the National Authority for Tunnels towards the construction of two monorail lines in Cairo.
  • Advising Bank of Communications Co., Ltd.’s Hong Kong Branch in the $37.5m loan granted to finance a Boeing aircraft.

Zulficar & Partners Law Firm

Zulficar & Partners Law Firm provides comprehensive banking and finance services to international and domestic corporate and governmental clients. Its work spans syndicated loans, credit facilities, debt restructuring, repos, regulatory compliance and Islamic finance. It is heavily involved in the issuance of sukuks and is also a leading firm for structured finance transactions, securitisation and real estate finance. Mona Zulficar and Ashraf Ihab lead the practice, in which Anwar Zeidan is the main contact for capital markets transactions. Newly-promoted partner Dania El Samad has experience in banking and project finance.

Practice head(s):

Mona Zulficar; Ashraf Ihab

Other key lawyers:

Anwar Zeidan; Dania El Samad

Key clients

Al Ahli Bank of Kuwait – Egypt

Arab African International Bank

Arab Banking Corporation

African Export-Import Bank

Audi Bank

Banque Misr

Barclays Bank – London

Central Bank of Egypt

China Development Bank Corporation

Citi Bank

Commercial International Bank

Deutsche Bank – London

Credit Agricole Egypt

EFG Hermes

Egyptian Mud Engineering & Chemicals Co.

First Abu Dhabi Bank PFSC

GB Lease

GB Capital

HSBC London

National Bank of Egypt

National Bank of Kuwait

National Bank of Oman

Suez Canal Bank

The Bank of New York Mellon

The United Bank

Work highlights

  • Advised on the syndicated Long Term Facility amounting to EGP1.5bn to Damietta Furniture City Company for financing up to 54% of the establishment of a furniture industrial area in Damietta.
  • Advised on the private placement to qualified investors of the first short-term bonds for a period of two years amounting to EGP2bn. This is a first precedent applying to Financial Regularity Authority decree No. 172 of 2018 on the Rules and Procedures of Issuing and Offering Short-Term Bonds in Egypt.
  • Advised on the third securitization bond issuance of a leasing portfolio amounting to EGP734m by Capital Securitization Company.

Al Tamimi & Company

Al Tamimi & Company remains involved in groundbreaking finance and capital markets transactions despite changes to its partnership. Key partner Hossam Gramon joined new firm ADSERO-Ragy Soliman & Partners but Ehab Taha, who specialises in capital markets transactions, joined from TMS Law Firm – Taha, Moussa & Sabahi to lead the growing practice. Since the change, the firm has been involved in groundbreaking transactions, notably Egypt's first sovereign issuance of a green bond, the first by an Arab country.

Practice head(s):

Ehab Taha

Key clients

The Ministry of Finance

The European Bank for Construction and Development (EBRD)

Cairo 3A for Poultry

EFG Finance Holding

Acwa Power Global Services

First Abu Dhabi Bank Fab (UAE)

Cairo for Investment and Real Estate Development (CIRA)

Telecom Egypt

National Bank of Kuwait NBK

Work highlights

  • Advised the Egyptian Government represented by the Ministry of Finance, as local counsel, in relation to its $5.5bn Eurobond issuance.
  • Represented Alex Bank, the leading Egypt-based private sector bank; Emirates NBD, the leading United Arab Emirates-based government-owned bank; and Arab International Bank, the leading Egypt-based investment bank.
  • Represented Catalyst Leasing, a subsidiary of Catalyst Partners, the leading Egypt-based global growth investment firm on a financial leasing agreement with Obour Land Company.

Dentons Egypt LLC

Dentons Egypt LLC is frequently involved in landmark projects, notably in the area of project finance. Its work also encompasses syndicated loans, pre-export finance facilities and trade finance matters. The practice acts for leading international banks and development finance institutions. Michael Lacey leads the practice, in which senior associate Ahmed Kamal is an emerging talent. Banking and asset finance consultant Frederique Leger is also recommended.

Practice head(s):

Michael Lacey

Other key lawyers:

Ahmed Kamal; Frédérique Leger

Levari

Levari frequently advises leading Egyptian and international banks, financial institutions, investment banks, and private equity funds on credit facilities and syndicated loans. Sherif Hefni, Mohamed Raslan and Mohamed Shaaban are the main contacts and also handle extensive tax and capital markets work. Raslan, one of the firm's co-founders, specialises in investment transactions, banking and finance, tax and regulatory matters. Among the firm's key clients are World Bank Group and National Bank of Egypt.

Practice head(s):

Sherif Hefni; Mohamed Raslan; Mohamed Shaaban

Shahid Law Firm

'The team's strong collaborative and proactive approach is very much appreciated', says a client of Shahid Law Firm. The firm has a diverse client base that includes international financial institutions, international and local banks, and major energy, mining and infrastructure, aviation and transport companies. Best known for project finance, the firm also handles debt issuance, syndicated loans, acquisition finance, restructuring and regulatory matters. 'His personable and commercial approach is impressive', says a client of Tarek Badawy, who co-leads the practice with Girgis Abd El-Shahid. Projects specialist Donia El-Mazghouny left to start her own firm.

Practice head(s):

Girgis Abd El-Shahid; Tarek Badawy

Testimonials

‘The team is responsive and very willing to make themselves available. My experience has been that they have been proactive and quick to raise issues that require consideration without prompting. The team has good contacts within the Egyptian aviation sector and government departments. This, together with a strong understanding of complex cross-border financing transactions, has been extremely helpful to ensure that the correct steps are taken within Egypt and that local authorities understand what is required by the financing parties.’

‘The team’s strong collaborative and proactive approach is very much appreciated and is a valued attribute when engaging local counsel.’

‘Tarek Badawy is strong in managing the firm’s involvement in transactions. He fully understands the need to facilitate completion rather than create new issues and operates a solutions-based approach. His personable and commercial approach is impressive.’

Key clients

FMO

Voltalia

Scatec Solar

OiLibya (now OLA petroleum)

Heliopolis Housing and Development Company

China Development Bank

AlDahra Agricultural Company

Louis Dreyfus Company (LDC)

Marubeni

Work highlights

  • Representing UK Export Finance and several creditors in aircraft and engine financing transactions in Egypt, as part of EgyptAir’s plan to renew its aircraft arsenal.
  • Advised the China Development Bank with respect to the financing of the largest project with Egypt’s Suez Special Economic Zone. The scope of work involved advising on various Egyptian laws, notably in matters relating to banking and finance, secured transactions, corporate liability, and taxation; reviewing and amending a $50m facility agreement issued to the borrower.
  • Advising FMO (the Dutch development bank) on the first three-year Egyptian pound (EGP) loan facility for the equivalent of $700,000, entered into with the First Microfinance Company Egypt (FMFC), which will be used to extend loans to female and young entrepreneurs.

Sharkawy & Sarhan Law Firm

'I have no doubt that the end result will meet the needs of the ultimate client without fail', says a client of Sharkawy & Sarhan Law Firm. Finance is one of the firm's core practices and it advises developmental financial institutions, international investment and commercial banks, and major international corporations. IT frequently assists EBRD and IFC with the financing of a range of infrastructure, energy and FMCG projects. Ahmed Haggag leads the practice and he 'delivers high-quality, clear advice, taking account of commercial needs and practical complexities'. Clients also praise managing associate Heba Raslan and associate Noha Eissa.

Practice head(s):

Ahmed Haggag

Other key lawyers:

Noha Eissa; Heba Raslan

Testimonials

‘The team is excellent. I have worked with them ever since my first deal in Egypt over a decade ago. They are thorough and I have no doubt that, despite the challenging jurisdiction, the end result will meet the needs of the ultimate client without fail.’

‘Their approach to billing is simple, but one that suits me and my clients – to charge a fair rate, to cap sensibly when required and to stick to any cap.’

‘Associate Noha Eissa and partner Ahmed Haggag are both excellent – receptive to comments and prompt in delivery of the required product. A pleasure to work with.’

‘Very responsive, commercially-oriented and cost-efficient.’

‘They can advise on Egyptian law by taking account of the practical needs of the project and the complexity of dealing with G2G deals. They are very active in liaising with the counterparties and suggesting solutions.’

‘Ahmed Haggag is very active and quick to respond to queries, and delivering high quality, clear advice, taking account of commercial needs and practical complexities.’

Key clients

Majid Al Futtaim Properties S.A.E

The European Bank for Reconstruction and Development (EBRD)

The International Finance Corporation (IFC)

Work highlights

  • Advised on a senior secured loan of up to £2.3m to El Roda Company for Agricultural Development S.A.E, which is an Egyptian joint-stock company specialising in agricultural farming and export of fresh fruit and vegetables.
  • Advised on a transaction consisting of a $200m loan granted to Majid El Futtaim S.A.E. The loan will be utilised to finance certain aspects of the Almaza City Center, a state-of-the-art shopping mall in Heliopolis, Cairo.
  • Advising EBRD in relation to the loan to be granted to National Bank of Egypt. The purpose of the financing is to assist the National Bank of Egypt in financing sub-loans to its clients.

Ibrachy Legal Consultancy

The banking and finance practice at Ibrachy Legal Consultancy is 'always available when needed and delivers fast and professional responses'. The firm is best known for project finance, though it is also frequently involved in multi-jurisdictional structured and syndicated financing transactions. Its work also encompasses Islamic finance, corporate and sovereign bonds, and cross-border syndicated lending. Lead partner Ashraf Elibrachy is 'very professional, logical and always available'. Sara Hinton plays a central role in the practice.

Practice head(s):

Ashraf Elibrachy

Other key lawyers:

Sara Hinton

Testimonials

‘Always available when needed and delivering fast and professional response.’

‘I have been dealing with Mr. Ashraf Elibrachy, the senior partner, for many years and I am completely satisfied. He is very professional, logical and always available.’

Key clients

Commercial International Bank

International Finance Corporation

European Bank for Reconstruction and Development (EBRD)

Audi Bank Egypt

Orascom Telecom Media and Technology Holding S.A.E.

Piraeus Bank

Credit Agricole

Bank of Baroda

Egyptian Propylene & Polypropylene Company

Oriental Weavers

Sawari Ventures

Natixis

Kuwait Energy

TWMA

Bank of China Shenzhen Branch

Arab International Bank

Work highlights

  • As part of ongoing representation following the closing of the second tranche drawdown, the firm has played the role of local counsel to the lending banks in the financing of a bulk liquid terminal with total project cost of $504m made by Sonker Bunkering Company S.A.E. in relation to the construction and operation of Bulk Liquids Terminal and ancillary facilities at the third basin of Sokhna Port, Egypt for the import and storage of gasoil, LPG and LNG.
  • Acted on behalf of Beltone Securities Brokerage S.A.E in relation to a short-term facility amounting to $500m granted to it by Audi Bank to finance its activities. The facility is guaranteed by the borrower’s mother company.
  • Acted on behalf of Beltone financial holding in relation to a guarantee of standing overdraft facility granted by Bank Misr to its subsidiary amounting to EGP150m.

Marghany Advocates

Marghany Advocates has a small banking and finance practice that nonetheless is involved in some high-value transactions, notably in innovative areas including fintech and cryptocurrency-related work. Among its clients are fast-growing players in the finance space such as Sigma Capital and Jazeera Capital Markets. Managing partner Amir Marghany is the main contact.

Practice head(s):

Amir Marghany

Riad, Saleh & Partners

Riad, Saleh & Partners joins the ranking having expanded its range of services into banking and finance six years ago. The firm has a long history as a full-service independent law firm, on the basis of which it has successfully won roles representing national and multinational companies in investment, banking and capital markets matters. It advises a number of international banks on local securities law and debt recovery. Its recent work spans repos, foreign exchange and Islamic finance transactions. Mohamed Saleh and Hesham Riad are the lead partners.

Practice head(s):

Mohamed Saleh; Hesham Riad

Testimonials

‘The team is wonderful, reliable, and knowledgeable.’

‘They have a great team with diversified experience in different areas of law. They are unique in the market with massive experience in different areas of law.’

‘They are a very special team with great experience. Their offers are very good in comparison to the market.’

‘They are so practical and informative and know how to close cross-border deals.’

‘The team members are very well organised and their performance is outstanding.’

‘We are enjoying working with Riad, Saleh & Partners. They are doing a great job and really have great experience in the healthcare sector.’

‘Mohamed Saleh and the team are very meticulous and responsive. They are excellent, providing outstanding legal services, and they are very responsive.’

‘They have experts to support each function in the business. Mohamed Saleh and his team are pioneers in both the healthcare sector and upstream oil and gas.’

‘We are really experiencing a high standard of legal services with highly informative lawyers. They understand the business and provide quality and responsiveness.’

‘The team members synchronise in harmony to serve the best interest of the company.’

Key clients

AXA OneHealth

Schindler Group

Trapped Egypt

Air Liquide Group

Chubb Life Insurance

Integrated Diagnostics Holdings (IDH)

Golden West Seeds

Grundfos Egypt

Tokio Marine Insurance

Ahram Security Group

Al Borg Laboratories

Echo Scan Nigeria

Echo Lab Nigeria

Work highlights

  • Advised an Egyptian Steel company in its $50m syndicated loan from several banks in Egypt.
  • Advised a world leader group in gases and technologies and services for industry and health – which has a presence in 80 countries with 66,000 employees all over the world – in several disputes and commercial deals.
  • Advised Vena Medical Company, a company which is incorporated in London, on its corporate structure, and Investment in Egypt.

Rizkana & Partners

Rizkana & Partners joins the ranking this year having become increasingly involved in high-value syndicated and bilateral facilities and loans, project finance, the settlement of debts and debt restructuring. Its project finance work derives from sectors including oil and gas, steel, cement, real estate, glass, airports and container terminals on behalf of both international and local institutions. Practice heads Hazim Rizkana and Sherif El Hosseny also handle aircraft financing, syndicated loans and EPC contracts.

Practice head(s):

Hazim Rizkana; Sherif El Hosseny

Key clients

Qatar National Bank (QNB)

Attijariwafa Bank Egypt

European Bank for Reconstruction and Development

Arab African International Bank

Union de banques Arabes et Francaises (“UBAF”)

The National Bank of Egypt

BMB Investment Bank

National Bank of Kuwait-Egypt

Ezz Rolling Mills

Work highlights

  • Advice relating to the registration and delivery of aircraft in one of the largest aircraft leasing transactions in Egypt.

Tarek Riad - Legal Consultants and Attorneys at Law

Tarek Riad - Legal Consultants and Attorneys at Law is the successor firm to Kosheri, Rashed & Riad Law Firm. Its work in banking and finance includes the representation of international banks, notably Standard Chartered, Abu Dhabi Commercial Bank and Abu Dhabi Islamic Bank. Tarek Riad is the lead partner for finance, corporate and contentious matters.

Practice head(s):

Tarek Riad