We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to El Sayyad Group in connection with reviewing and negotiating agreements related to the opening of Rove Hotels in Egypt. Rove is a dynamic hospitality brand affiliated with Emaar Group, and this transaction marks its first entry into the Egyptian market.

This strategic collaboration brings Rove’s contemporary lifestyle hospitality concept to Egypt, further enriching the country’s growing tourism landscape and aligning with the government’s broader vision to expand hotel capacity and attract diverse international brands.

The MBH team advising El Sayyad Group was led by Hazem ElGuindi (Partner) and included Shaimaa El Fahmy (Senior Associate), with Valor Partners acting as strategic advisor to El Sayyad Group. We extend our congratulations to El Sayyad Group and Rove Hotels on this exciting milestone, and to our dedicated team for their support in facilitating this transaction.

For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.

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