Sudan

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as the legal counsel to Triquera B.V. (“Triquera”), the majority shareholder of Minapharm Pharmaceuticals (“Minapharm”), in connection with the subscription of a minority stake by Admaius Capital Partners (“Admaius”), an Africa-focused private equity investor. The investment—executed through Admaius’s investment vehicle, Virunga Healix Limited—is intended to support Minapharm’s regional biotech expansion. Triquera and Admaius will partner to advance the development and manufacture of complex genetically engineered therapies. The collaboration aims to broaden access to high-quality, affordable recombinant proteins, reflecting both parties’ commitment to innovation and inclusive healthcare by scaling distribution networks across underserved markets in Africa and the Middle East. The MBH team advising on the transaction was led by Omar S. Bassiouny (Founding Partner and Group Head of Corporate and M&A) with support from Salma El Refaie (Senior Associate) and Mayar Sharafeldin (Associate). For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny’s (“MB”) arbitration team secured a significant victory for one of Egypt’s largest companies providing offshore marine and oil support services. The dispute arose out of a subcontract agreement for diving support vessel (“DSV”) subsea construction works related to a pipeline replacement project in the Kingdom of Saudi Arabia (“KSA”). The arbitration case was brought under the rules of the DIFC-LCIA and governed by Saudi law against a listed Asian company specializing in engineering design of offshore oil and natural gas development projects, represented by an international law firm. Following extensive proceedings and multiple phases of pleadings, in addition to several witnesses and experts’ evidence, the Tribunal issued its award granting our client its declaratory claims in addition to an entitlement of more than USD 6 million as well as arbitration costs. The Tribunal has further dismissed all counterclaims brought against our client exceeding USD 77 million. The team that secured this remarkable win consisted of Dr. Amr A. Abbas (Partner and Regional Head of Arbitration and Co-Head of Competition), Mohamed Sallam (Counsel), Mohamed Samy (Counsel), Khaled Abuo El Wafa (Senior Associate), Maha Zain (Senior Associate), Hany Omran (Associate) and Eman Hussein (Associate). Dr. Abbas commented: “This important result for our client— in a high-stakes dispute that included complex technical and legal issues—reflects our team’s expertise and unwavering commitment to delivering strategic, high-quality representation. This victory is a further testament to our regional expertise in handling complex disputes governed by different laws in the region, after having already secured arbitral wins over the past year under Lebanese, Qatari, Omani, and UAE laws.”    For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Neosky Aircraft and Requisites Chartering DWC (“Neosky”), a UAE-based company specializing in aircraft chartering and related services, in connection with its USD 13,250,000 acquisition of a Boeing 737-800 aircraft from AMC Airlines (“AMC”), a Cairo-based charter airline. We advised on all legal aspects of the transaction, including the negotiation and execution of transaction documents, coordination with the Egyptian Civil Aviation Authority, the deregistration of the aircraft in accordance with both Egyptian and international aviation conventions, the transfer of title from AMC to Neosky, and the delivery terms of the aircraft. This acquisition highlights Neosky’s strategic expansion, enhancing its service offerings and fleet capabilities in the region’s air charter market. The MBH team advising on the transaction was led by Sherif El Hosseny (Partner and Head of Aviation) and included Nourhane Hamdy (Senior Associate) and Saifallah Kadry (Senior Associate). For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Beltone Holding (“Beltone”), a leading financial services provider, in connection with its landmark all-cash capital increase of EGP 10.5 billion. This transaction marks Beltone’s largest capital increase to date, following its record-breaking EGP 10 billion capital raise in 2023—the largest in the history of the Egyptian Exchange (“EGX”) The MBH team advising on the matter was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets), and included Mohamed Galal (Counsel), Khaled Abd El-Wahab (Senior Associate), and Mohamed Qabel (Senior Associate). For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.   معتوق بسيوني وحناوي يُقدم الاستشارة لشركة بلتون القابضة في ثاني أكبر زيادة رأس مال بقيمة 10.5 مليار جنيه مصري يسعدنا أن نعلن أن مكتب معتوق بسيوني وحناوي قد عمل كمستشار قانوني لشركة بلتون القابضة وهي إحدى الشركات الرائدة في تقديم الخدمات المالية، في زيادة رأسمالها بقيمة 10.5 مليار جنيه مصري والتي تمت عبر اكتتاب نقدي. وتُعد هذه الزيادة ثاني أكبر زيادة رأسمال تنفذها بلتون، بعد زيادة رأس المال القياسية التي نفذتها في عام 2023 بقيمة 10 مليار جنيه مصري، والتي كانت تعد الأكبر في تاريخ البورصة المصرية. وقد تم تغطية الزيادة بنسبة 98% من خلال جولتي اكتتاب، مع مشاركة كبيرة من المستثمرين الأجانب والمؤسسات الدولية. ويعكس هذا الإقبال الكبير من المستثمرين الثقة المتزايدة في الرؤية الاستراتيجية لبلتون وآفاق نموها على المدى الطويل وسيتم توظيف عائدات الزيادة في رأس المال بشكل استراتيجي لدعم توسع بلتون عبر منصاتها المختلفة، مع التركيز على الدخول في أسواق ذات نمو مرتفع، وتعزيز القدرات الرقمية القابلة للتوسع، وتوسيع نطاق المنتجات والخدمات، واستقطاب الكفاءات العليا. ترأس فريق معتوق بسيوني وحناوي الذي قدم المشورة بشأن الصفقة محمد عبد الفتاح (شريك ورئيس مجموعة أسواق رأس المال) وضم الفريق أيضاً محمد جلال (مستشار)، خالد عبد الوهاب (محام أول)، ومحمد قابيل (محام أول). .