{"id":48336,"date":"2025-05-13T15:15:40","date_gmt":"2025-05-13T15:15:40","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=48336"},"modified":"2025-05-13T15:15:40","modified_gmt":"2025-05-13T15:15:40","slug":"mbh-advises-ad-ports-group-on-50-year-usufruct-agreement-for-kezad-east-port-said-zone","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/mbh-advises-ad-ports-group-on-50-year-usufruct-agreement-for-kezad-east-port-said-zone\/","title":{"rendered":"MBH advises AD Ports Group on 50-year usufruct agreement for KEZAD East Port Said Zone"},"content":{"rendered":"<p><strong>We are pleased to announce that Matouk Bassiouny &amp; Hennawy (\u201cMBH\u201d) acted as the legal counsel to AD Ports Group in connection with a 50-year renewable usufruct agreement with the General Authority for Suez Canal Economic Zone (\u201cSCZONE\u201d) to develop and operate a 20 square-kilometer industrial and logistics park within the KEZAD East Port Said Zone.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>AD Ports Group will launch the project with a 2.8 square-kilometer Phase 1, with construction expected to commence by the end of this year.<\/p>\n<p>The MBH team advising on the agreement was led by Mahmoud S. Bassiouny (Regional Managing Partner and Group Head of Finance &amp; Projects) and included Abdallah Soliman (Senior Associate) and Habiba Gamaleldin (Associate).<\/p>\n<p>For more about Matouk Bassiouny, check out our website at <a href=\"https:\/\/matoukbassiouny.com\/\">https:\/\/matoukbassiouny.com\/<\/a>.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-48336","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/48336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=48336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}