The projects and infrastructure group at Al Kamel Law Office is 'responsive and knowledgeable, consistently delivering commercially-sound advice'. The firm focuses heavily on large infrastructure projects for multinational clients and is frequently involved in major developments in the power, water, petroleum, natural gas, telecoms, construction and mining sectors. It recently acted as local counsel in collaboration with Mayer Brown International LLP on the $11bn financing of a petrochemical plant. Managing partner Mohamed Kamel and the 'calm and thorough' Rasheed Kamel lead the practice. Up-and-coming partner Shahira Khaled and associate Youssef Nassef are also in the firm's key matters.
Projects and infrastructure in Egypt
Mohamed Kamel; Rasheed Kamel
Other key lawyers:
Shahira Khaled; Youssef Nassef
‘The Al Kamel team is incredibly responsive and knowledgeable. They consistently deliver commercially-sound advice and understand the needs of international counsel and foreign clients.’
‘Rasheed Kamel has a calm and thorough style, 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 as good as any partner in an international firm and a rising star of the Egyptian Bar. When you work with her, you are meeting the future of legal practice in Egypt.’
Export-Import Bank of the United States
UK Export Finance and Overseas Private Investment Corporation
DEG-Deutsche Investitions Bank
Nordea Bank Abp
- Acting as local legal counsel alongside Mayer Brown as international legal counsel to Export-Import Bank of the United States, U.K. 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.
- Advised Lactalis – Halawa Group on the acquisition finance of Greenland Group in the amount of approximately EGP1bn granted by QNB Al Ahly Egypt and Credit Agricole France.
- Advising Nordea Bank Abp on the financing of Scatec Solar group including its subsidiary in Egypt, Scatec Solar Solutions LLC, in the amount of approximately $60m.
‘The firm has good in-depth experience of big projects’, says a client of Helmy, Hamza & Partners (member firm of Baker & McKenzie International). Whether it is acting for sponsors, investors, lenders, acquirers, governments, contractors or other credit providers, the firm is involved in the financing and development of flagship energy, mining, infrastructure, renewable energy and carbon projects. Joint heads of banking, finance and projects Mohamed Ghannam and Lamyaa Gadelhak are amongst the most respected practitioners in the market, particularly in the area of project finance.
Mohamed Ghannam; Lamyaa Gadelhak
Other key lawyers:
‘The firm has good, in-depth experience of big projects.’
‘Mohammed Ghannam is a great team leader and has in-depth experience. Lamyaa Gadelhak is recommended and great up-and-coming associate Mohamed Rasekh always makes himself available.’
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
MAVEG Industrieausruestungen GmbH (MAVEG)
Bank of Alexandria
Industrial Development and Workers Bank of Egypt
The United Bank
Enjaz Project Management (EPM)
Egyptian Electricity Transmission Company
Egyptian General Petroleum Corporation (EGPC)
The Egyptian Group for Multipurpose Terminals (EGMPT)
European Bank for Reconstruction and Development (EBRD)
Britannic Trading Limited
Egyptian Centers for Real Estate Development S.A.E.
Marakez Al Sokhna for Real Estate Projects S.A.E.
El Wady for Phosphate Industries and Fertilizers (WAPHCO)
AlNowais Investments LLC
- Acting as local counsel to the term loan finance parties in connection with 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, making it the biggest project financing in the history of Egypt.
- Acting as legal counsel to Egyptian Electricity Transmission Company, New and Renewable Energy Authority and Ministry of Finance in connection with 200 MW BOO solar PV project in Kom Ombo, Aswan. The project is intended to assist in achieving the government’s latest targets call for 20% of Egypt’s power generation to be based on renewables by 2022 and reducing carbon emissions.
- Acting for El Wady for Phosphate Industries and Fertilizers (WAPHCO) in connection with an agreement with a consortium consisting of Chinese Construction Engineering Company (CSCEC) and WENGFU Group for the construction of a phosphoric acid manufacturing complex project in Abu Tartur, New Valley governorate, at a cost of about $842m.
The practice at Matouk Bassiouny & Hennawy is known for being 'extremely professional and yet compassionate and understanding at the same time'. The firm represents local and international developers in commercial, industrial and developmental projects in several sectors. Of note is its recent work in renewable energy, having worked on numerous 50MW solar plants under the Feed in Tariff programme. Mahmoud Bassiouny leads the practice, which also acts for port developers. Counsel Ashraf Hendi and associates Ahmed Agamy and Nadia Abdallah are also active in project finance.
Other key lawyers:
Ashraf Hendi; Ahmed Agamy; Nadia Abdallah
‘The team’s strength is in its constant availability to address any of the client’s needs.’
‘The individuals I have personally dealt with are extremely professional and yet compassionate and understanding at the same time.’
‘Nadia Abdallah is a star associate in my opinion. No matter what time of the day or what day of the week, she is responsive to any question, very professional and ready with the answers.’
Future Clean Energy
Lekela Egypt Wind Power BOO SAE
Alcazar Energy Partners
National Petroleum Construction Company PJSC
Export Development Canada
Sonker Bunkering Company SAE
- Acted as local counsel on a facility extended by Industrial and Commercial Bank of China, HSBC Bank Middle East Limited, and other lenders for the purpose of financing 85% of the borrower’s project of “Batch 2 Towers”, part of the New Administrative Capital in Egypt.
- Advised Lekela Egypt Wind Power BOO S.A.E. in successfully negotiating and signing project documents in relation to a 250MW wind farm project located in Ras Ghareb, Hurghada, Egypt.
- Advised Export Development Canada on the financing of Egyptian National Railways (ENR) in its transaction with General Electric to procure and rehabilitate a number of 181 locomotives of its fleet.
The project development and finance group at MHR & Partners in association with White & Case LLP is involved in some of the most complex and high-value projects in Egypt, often working for domestic and global corporates, financial institutions and government entities, and climbs the ranking this year. With Egyptian, English and US qualified lawyers on-the-ground in Cairo, the firm is uniquely well placed to handle all of the elements of cross-border project development, especially project finance. Philip Stopford, who splits his time between London and Cairo, finance specialist Ziad Gadalla, Tarek Mohanna and Sherief Rashed are the main contacts.
Philip Stopford; Ziad Gadalla; Tarek Mohanna; Sherief Rashed
Tahrir Petrochemicals Company
Abu Dhabi Future Energy Company (Masdar)
Egyptian Ethylene and Derivatives Company (Ethydco)
Industrial and Commercial Bank of China (ICBC)
Suez Methanol Derivatives Company (SMD)
China State Construction and Engineering Company (CSCEC)
Energean Oil & Gas plc
Wood Technologies Company
ADES International Holding Ltd.
Sixth of October for Real Estate and Development (SODIC)
European Bank for Reconstruction and Development (EBRD)
- Advising Tahrir Petrochemicals Company on all aspects of the proposed multibillion-dollar Tahrir petrochemical complex in Egypt.
- Represented Masdar, the Abu Dhabi-owned energy company, on its joint venture with Infinity Energy, Egypt’s leading renewable energy developer, to develop utility-scale and distributed solar energy and wind power projects in Egypt and Africa.
- Acting as counsel to Egyptian Ethylene and Derivatives Company (Ethydco) in relation to the establishment of Polybutadiene Derivatives Unit.
Shalakany Law Office has 'a standout projects team that provides great industry knowledge and prompt and accurate service'. The firm is heavily involved in major infrastructure projects and, increasingly, developments in the renewable energy sector, having recently worked on major wind and solar projects. Majoring in project finance, often for lenders and sponsors, the practice is well versed in all aspects of project development for both domestic and international companies and financial institutions. 'Market leader' Aly El Shalakany and Mariam Fahmy, who is 'a pleasure to work with and understands the key sector issues' are the lead partners.
Aly El Shalakany; Mariam Fahmy
‘A standout projects team that provides great industry knowledge and prompt and accurate service.’
‘Aly El Shalakany is a market leader and stand out lawyer. Mariam Fahmy is a pleasure to work with and understands the key sector issues and related legal outcomes.’
‘The team was very determined in attending meetings to deeply understand the commercial and contractual terms of the project.’
‘The team was analytical, critical, attentive and conscientious.’
Zaki Hashem & Partners, Attorneys at Law advises international and domestic clients on the establishment, operation, and financing of a vast array of infrastructure projects, often using BOT, BOOT or PPP models. It frequently acts for consortiums in the preparation of bid documents and contract negotiations, as well as handling major cross-border project finance transactions. Head of oil and gas Sameh Khodeir , who is 'a seasoned expert with years of experience in the petrochemicals sector', corporate and capital markets specialist Yasser Hashem, and head of projects Sameh Kamal are the main contacts. Mohamed Gomaa moved to Youssef & Partners Attorneys.
Sameh Khodeir; Yasser Hashem
Other key lawyers:
‘We have worked closely with an exceptional team from Zaki Hashem that included Yasser Hashem, Sameh Khodeir, and Sameh Kamal. Khodeir is a seasoned expert that brought along years of experience in the petrochemicals sector and Yasser was exceptional in his strategic thinking that guided us smoothly throughout the project. Sameh Kamal is a promising professional.’
AL Sagheer Group
Attijariwafa Bank Egypt
Al Babtain Group
China State Construction Engineering Corporation Ltd. – Egypt Branch (CSCEC)
Commercial International Bank Egypt (CIB Egypt)
El Sewedy Electric
Neptune Energy Egypt B.V. (Previously Engie)
Pepsi Cola Egypt
RATP Dev S.A.
Ras Ghareb Wind Energy
Damietta Furniture City
Arab Co. for Asset Management and Development
Egyptian Countryside Development Company
Abdel Warith Consulting Engineers
Arabian Capital Investment and Finance Co.
Arabian International Company (AIC)
Dar Al Fouad Hospital
DP World Sokhna SAE
Kharafi National W.L.L
Rapiscan Systems (Division of OSI Systems Group)
Suez Canal Container Terminal
Supco Canada Railway Supply Group
United Group for Highways Development
Beltone Capital Red Sea Venture for Solar Energy
- Acting as sole local Egyptian counsel to the consortium of British investors in ECHEM’s $8bn Al Alamein Petrochemical Project.
- Advising Middle East Oil Refinery (MIDOR) on its $1.2bn modernisation, upgrade and expansion of a new refinery.
- Advising Capital Group Properties on the Alburouj Project.
New to the ranking is Mazghouny & Co, founded in early 2020 by highly respected projects partner Donia El-Mazghouny, formerly of Shahid Law Firm. The boutique firm specialises in projects and infrastructure, energy, construction, real estate and financing. The firm has rapidly established its credentials in the renewable energy sector, in which it acts for major multinational players. The firm recently assisted the local regulator with a utility-scale wind energy project with a 200MW capacity.
Benban Solar Developers Association (BSDA)
Empower New Energy
- Advising Benban Solar Developers Association (BSDA) on the settlement of a dispute with the Egyptian Electricity Transmission Company (EETC) related to the cost overrun of the Benban solar park interconnection works.
- Advising Italgen on the settlement of its dispute with the Egyptian Electricity Transmission Company (EETC) related to the company’s 320MW wind power project in Gulf Elzeit.
- Advising NREA, alongside Human Dynamics, on the setup of a utility-scale wind energy project in Egypt with a 200MW capacity.
Riad & Riad climbs the ranking having been involved in high-value projects, among them a $1.2bn EPC contract with National Authority for Tunnels on behalf of a consortium including China Railway Group and Aviation Industry Corporation of China. Frequently working alongside international counsel, the firm assists developers, sponsors and financial institutions with permitting issues, finance, project documents, corporate structures and a host of other matters. Lead partners Fatma Salah, Eman Riad and Mohamed Riad bring to bear extensive experience in finance, public procurement, construction, regulatory and corporate matters.
Fatma Salah; Eman Riad; Mohamed Riad
Aviation Industry Corporation of China (AVIC)
Kelloggs Tolaram Noodles Egypt
Airport City Real Estate Co.
- Advising the consortium of China Railway Group Limited & AVIC International Holding Corporation in relation to the 10th of Ramadan Railway Project; providing legal support in relation to the EPC Contract with National Authority for Tunnels (NAT) at a total value of $1.2bn.
- Advising Airport City Real Estate Co. on its EPC contract with a Chinese contractor for Plant and Design-Build of King Abdulaziz International Airport City Project – Phase 1 (Shopping Mall) in Jeddah City, Saudi Arabia.
- Supported FAS Energy in drafting the MOU it signed with the New Urban Communities Authority (NUCA) to set up a waste-to-energy (WtE) facility in 10th of Ramadan City. The project will serve New Cairo, El Shorouk, Badr, Obour, and 10th of Ramadan cities.
Shahid Law Firm has a track record in projects and infrastructure development that stretches back 30 years, during which time the firm has acted for numerous international financial institutions, international and local banks, and project sponsors. Its work is now focused primarily on the energy sector, in which it handles both conventional and renewable energy projects. Key partner Donia El-Mazghouny left to start her own firm, Mazghouny & Co, in early 2020, leaving managing partner Girgis Abd El-Shahid to oversee the practice. He has extensive experience in dispute resolution and corporate transactions.
Girgis Abd El-Shahid
EDF International Network
Dornier Consulting International
Baker Hughes (GE)
Egyptian Ministry of Public Business Sector
- Represented EDF International Network in connection with a joint venture between Egyptian French Electricity Distribution Company and the New Administrative Capital for Urban Development (ACUD) for the distribution of electricity to the New Administrative Capital.
- Advising Benban Developers Association on the semi-reconciliation claim raised by the Egyptian Electricity Transmission Company (EETC) under the Cost Sharing Agreement (CSA) for additional costs related to the shared interconnection works in the Benban solar park in Egypt.
- Advised on the acquisition of Shell’s onshore assets/interests in 15 onshore Concession Agreements, and 22 related Development Leases and Exploration Blocks in Western Desert (including the Badr El Din and Obaiyed area).
Al Tamimi & Company has built up its presence in major projects since the arrival of head of banking and finance Hossam Gramon three years ago, though he moved to ADSERO-Ragy Soliman & Partners in late 2020. Associate Omar Zaki is now the main contact. Focusing on project finance, the firm frequently advises on projects in sectors such as renewable energy and real estate, acting for government bodies, sponsors and project finance lenders.
The European Bank for Construction and Development (EBRD)
Goldman Sachs International
El Nasr for Coke & Chemicals
Standard Chartered Bank
Egypt Kuwait Holding
Cairo for Investment and Real Estate CIRA
- Advised CIRA in relation to €25m project finance extended to the company by EBRD, related to the anticipated opening of 14 additional faculties at the Assiout branch of Badr University.
- 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 in relation to a facility agreement worth up to $150m to replace and renew machines of Nasr Coke & Basic Chemicals Manufacturing.
- Advised EBRD, the leading UK-based global financial institution on a $200m senior loan to City Centre Almaza, a subsidiary of Majid Al Futtaim Holdings, for the purpose of the construction of City Centre Almaza.
Dentons Egypt LLC
The projects practice at Dentons Egypt LLC has a good track record in major projects, usually acting on behalf of international financial institutions and project sponsors. One of the firm's key strengths is its in-depth understanding of build-operate-transfer projects in the areas of power, port, road, hospital, airport infrastructure. Local managing partner Michael Lacey is the main contact.
Sharkawy & Sarhan Law Firm focuses predominantly on the energy sector, playing a role in the development of oil and gas, power and renewable energy projects. It frequently acts for development finance institutions and multinational oil majors. Head of energy, managing associate Heba Raslan, is the main contact and she has 15 years' experience in cross-border transactions. She works closely with corporate and finance partner Mohamed Hazzaa.
Other key lawyers:
United Oil & Gas Plc