Matouk Bassiouny & Hennawy

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Btech Trade and Btech Finance (“Btech”) in connection with an EGP 1,500,000,000 securitization transaction. This transaction represents the first issuance of Capital’s fourteenth securitization, with a total aggregate value of EGP 10,000,000,000. The MBH team advising on the securitization was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets), Imane Raouf (Partner), and included Abdel Reheem Ashraf (Senior Associate), Mariam Goubran (Associate) and Ahmed Ayman (Associate). Al Ahly Pharos acted as financial advisor, Baker Tilly as the auditor, Capital Securitization Company as the securitization company, and Middle East Rating & Investors Service (“MERIS”) as the rating agency. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Minor International, the global hospitality leader, in connection with its landmark strategic partnership with Sunrise Resorts & Cruises to develop and manage 50 new hotels across Egypt. The partnership agreement was signed during a ceremony witnessed by Prime Minister Mostafa Madbouly and. Minister of Tourism and Antiquities Sherif Fathy at the Cabinet headquarters. The alliance also includes Sunrise’s real estate arm, Madar Developments, which will spearhead the launch of four flagship hotels in Ras El Hekma, New Zayed, and Ain Sokhna as part of the first phase of the collaboration. The MBH team advising on the transaction was led by Mariam Auda (Partner). 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 Halan for Consumer Finance (“Halan”) in connection with an EGP 3,415,700,000 securitization transaction. This transaction represents the fourth issuance under Capital’s seventh securitization program, with a total aggregate value of EGP 8,000,000,00. The MBH team advising on the securitization was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets) and Imane Raouf (Partner), and included Abdel Reheem Ashraf (Senior Associate), Mariam Goubran (Associate), and Ahmed Ayman (Associate). Ci Capital and CIB acted as financial advisors, Baker Tilly as auditor, Capital Securitization Company as the securitization company, and Middle East Rating & Investors Service (“MERIS”) as the rating agency. This landmark transaction underscores MBH’s continued commitment to fostering innovation in Egypt’s financial sector and supporting access to finance across the market. For more about Matouk Bassiouny, visit matoukbassiouny.com.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Tasaheel for Financing (“Tasaheel”) in connection with an EGP 3,748,500,000 securitization transaction, representing the third issuance under Capital’s Twelfth securitization program, with a total aggregate value of EGP 20 billion. The MBH team advising on the securitization was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets), Imane Raouf (Partner), and included Abdel Reheem Ashraf (Senior Associate), Mariam Goubran (Associate) and Ahmed Ayman (Associate). Ci Capital and Al Ahly Pharos were also involved in the transaction as the financial advisors, Baker Tilly as the Auditor, Capital Securitization Company as the Securitization Company, Middle East Rating & Investors Service (“MERIS”) as the rating agency. We extend our appreciation to all stakeholders for their collaboration and trust, and to our dedicated team whose efforts were instrumental in bringing this transaction to a successful close. For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.

Cairo, Egypt | 15 September 2025 We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Ferchem Egypt Fertilizers and Chemicals (“Ferchem”) in connection with the successful merger of Aswan Fertilizers and Chemical Industries and Abu Zaabal Fertilizers and Chemicals, within Ferchem, boosting the company’s issued capital to EGP 800 million. This milestone marked Ferchem’s transition as the first company to move from the Small and Medium Enterprises (SME) Exchange to the main market of the Egyptian Exchange, in accordance with Article 44 bis (1) of the Listing Rule, at an opening price of EGP 45.61 per share, reflecting a total market value of EGP 18.24 billion. The MBH team advising on the transaction was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets) and included Mohamed Galal (Counsel), Mohamed Qabel (Senior Associate) and Mohamed Hany (Associate).     For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.

FOR IMMEDIATE RELEASE Cairo, Egypt | 15 July 2025 MBH advises Alameda on record-breaking USD 190 million healthcare investment by DPI We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Alameda Healthcare (“Alameda”), Egypt’s leading private healthcare group, in connection with a landmark USD 190 million investment by Development Partners International (“DPI”), the London-based, Africa-focused, multi-strategy private investment firm. The investment, structured primarily as a capital increase, was executed through a binding agreement under which DPI and its co-investors will acquire a minority stake in Alameda. The transaction remains subject to regulatory approvals and is expected to close by the third quarter of 2025. This transaction marks the largest private equity investment in Egypt’s healthcare sector to date. The proceeds will fast-track Alameda’s expansion in Egypt and the GCC, while supporting technology infrastructure upgrades and the development of specialized healthcare centers. The MBH team advising on the transaction was led by Omar S. Bassiouny (Founding Partner and Group Head of Corporate and M&A) and included Areej Elhammouri (Legal Director), Fatma Akram (Senior Associate), Nourhan Sayed (Associate), Mariam El Gabry (Associate) and Mohamed Akram (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 Fawry MSME Finance (“Fawry”) in connection with the launch of its EGP 8 billion multi-issuance securitization program as well as the first issuance, valued at EGP 497.5 million. This transaction marks Fawry’s first-ever securitization. The issuance received an A- (investment-grade) rating and will support Fawry in diversifying its funding sources to meet the growing credit demand of Egypt’s MSME sector. The MBH team advising on the securitization was led by Imane Raouf (Partner), with support from Abdelrheem Ashraf (Senior Associate) and Mariam Goubran (Associate). CI Capital acted as financial advisor, lead arranger, issuance manager, and bookrunner. EG Bank served as custodian, Russel Bedford as auditor, and Middle East Rating & Investors Service (“MERIS”) as the rating agency. 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 FABMisr acting as the IMLA, Bookrunner, Facility Agent, Account Bank and Security Agent along with a syndication of reputable banks, including Abu Dhabi Commercial Bank, Al Baraka Bank Egypt, Arab Bank and Emirates NBD, on an EGP 4.2 billion syndicated facility extended to Redcon Properties for purposes of partially financing the investment cost of Redcon Properties - “Golden Gate Project”. The facility was 1.2x oversubscribed, whereby Lenders, with our support, activated the Greenshoe option, raising the facility amount from originally EGP 3.5 billion to EGP 4.2 billion - a testament to the innovative structure and lenders’ trust in the Golden Gate project. The MBH team advising on the matter was led by Mahmoud S. Bassiouny (Regional Managing Partner and Group Head of Finance & Projects) and included Iman Nassar (Senior Associate). For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.  

We are pleased to announce that Matouk Bassiouny & Hennawy’s (“MBH”) litigation team successfully secured two favorable rulings before the Administrative Courts for a leading real estate developer, dismissing a lawsuit filed against them that challenged their right to amend the master plan of a major real estate project spanning 900 feddan in 6th of October City. The recent ruling was established after a successful representation of our team before the Supreme Administrative Court, which reversed a previous ruling—issued by the same circuit—that had cancelled the project’s master plan. The MBH team that handled these cases consisted of Amr Ehab (Partner) and Mohamed Etrby (Senior Associate), and Nora Rabie (Senior Associate). Partner, Amr Ehab, commented saying: “This ruling is a landmark for real estate developers, especially those involved in large-scale projects. It also sends a positive signal to investors. Projects of this magnitude inevitably require phased development, which is critical to supporting the growth of Egypt’s real estate sector and aligning with the latest international standards.”.” For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny (“MB”) acted as the legal counsel to BECO Capital in connection with their investment in Thndr, a fast-growing investment platform transforming the financial landscape across the Middle East and North Africa region. This marks Thndr’s second major funding round, raising USD 15.7 million in a transaction led by Prosus Ventures, with participation from JIMCO Capital, Endeavor Catalyst, Y Combinator, and a prominent U.S. university endowment, among other global investors. The newly secured funds will be deployed to fuel Thndr’s ambitious regional expansion, with a strategic focus on the UAE and Saudi Arabia. The MB team advising on the transaction was led by Mohamed Essam (Partner and Head of Corporate and M&A UAE Offices and ECVC) with support from Moustafa Rizk (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 Salamtak Holding Limited in connection with the sale of its 98.8% stake in ADVA, a leading consumer finance platform in Egypt, to Maseera Holding for Financial Investments (“Maseera”), a digital financial services company backed by 2PointZero, focused on advancing financial inclusion across North Africa. This transaction marks a significant development in the fintech landscape across North Africa, positioning ADVA as the technology and data analytics center for Maseera’s regional operations and reinforcing its role in advancing AI-powered financial solutions designed to serve underserved and underbanked populations. The MBH team advising on the transaction was led by Hazem El Guindi (Partner), and included Shaimaa El Fahmy (Senior Associate) and Youssef Shaaban (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 the owning entity in connection with the negotiation and execution of management agreements with Rixos Egypt for the development and operation of the luxurious Rixos Montaza Alexandria Hotel in the historic Montaza area of Alexandria, Egypt. Rixos Montaza Alexandria is a unique resort that blends a variety of historically and architecturally significant venues, including the Salamlek Palace and the King Fouad Lodges, with a comprehensive range of modern accommodations and high-end hospitality services. This development marks a key milestone in the ongoing transformation of Egypt’s Mediterranean coastline into a premier global luxury tourism destination. The MBH team advising on the project was led by Mahmoud S. Bassiouny (Regional Managing Partner and Group Head of Finance & Projects), Tamer Fawki (Partner), and included Mostafa Ali (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 Banque Misr in connection with extending a medium-term financing of up to EGP 2.6 billion to Hyde Park Real Estate Development S.A.E. (“Hyde Park Developments”). The financing is intended to cover part of the estimated investment cost for the establishment and development of the Hyde Park North Coast project, located along Egypt’s western North Coast. Envisioned as a mixed-use development, the project will feature residential, commercial, and hospitality units, along with leisure facilities and touristic elements, across an expansive area of 240 acres. The MBH team advising on the matter was led by Mahmoud S. Bassiouny (Regional Managing Partner and Group Head of Finance & Projects) and included Iman Nassar (Senior Associate) and Habiba El Naggar (Associate).

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) 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 (“SCZONE”) to develop and operate a 20 square-kilometer industrial and logistics park within the KEZAD East Port Said Zone. 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. The MBH team advising on the agreement was led by Mahmoud S. Bassiouny (Regional Managing Partner and Group Head of Finance & Projects) and included Abdallah Soliman (Senior Associate) and Habiba Gamaleldin (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 Tasaheel for Financing (“Tasaheel”) in connection with the launch of their EGP 10 billion Long-Term Note Program, as well as the successful completion of the first issuance amounting to EGP 2.5 billion. This milestone further supports Tasaheel’s expansion strategy, reinforcing its financial sophistication and growing market credibility in the microfinance sector. The MBH team advising on the issuance was led by Imane Raouf (Partner) and included Abdelrheem Ashraf (Senior Associate). CI Capital was also involved in the transaction as the financial advisor, KPMG as the auditor, and Middle East Rating & Investors Service (“MERIS”) as the rating agency. This transaction follows our recent role as legal counsel to Tasaheel on Africa’s largest sustainable sukuk issuance and Egypt’s first-of-its-kind sustainable securitization issuance. We are proud to continue contributing to the growth of Egypt’s debt capital markets.  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 the legal counsel to El Abd for Investment, Manufacturing, and Confectionary Trading S.A.E. (“El Abd Patisserie”) and its shareholders, El Abd Family, in connection with the successful investment by Tanmiya Capital Ventures’ (“TCV”) in El Abd Patisserie. The transaction, which involved a capital increase representing approximately 20.9% of El Abd’s share capital, was executed through TCV’s investment vehicle, Tanmia Capital Ventures Fund II. Following the completion of the transaction, El Abd Family retained the remaining equity and continued to manage and operate El Abd Group. The transaction also entailed an internal restructuring of the group and the implementation of a comprehensive corporate governance framework, aimed at enhancing institutional practices and supporting long-term sustainable growth. The proceeds from the transaction are expected to support El Abd’s expansion strategy, including the completion of its new manufacturing facility to increase production capacity and the further rollout of its retail branch network across Egypt. The team advising on the transaction was led by Tamer Hennawy (Partner and Co-Head of Capital Market and Corporate and M&A) and included Omar Khattab (Counsel), Youssef Emam (Associate) and Ali Abu Zeid (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 the legal counsel to AviLease, a full-service commercial aircraft lessor with Saudi Arabian roots that is a wholly-owned entity of the Public Investment Fund (“PIF”), in connection with the leasing of a Boeing 737-800 to EgyptAir. This milestone transaction marks AviLease’s first leasing transaction in Egypt, highlighting the company's expanding footprint in the Middle East and North Africa region. Our Partner and Head of Aviation, Sherif El Hosseny, led the team advising on this transaction. For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.

We are pleased and proud to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Tasaheel for Financing (“Tasaheel”) in connection with their groundbreaking EGP 7 billion sustainable sukuk issuance. This issuance is the largest of its kind in Africa and Egypt’s first of its kind. It also marks the country’s inaugural microfinance sukuk and the first non-sovereign sukuk in Egypt to comply with the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) standards. Furthermore, the issuance earned an "A" rating from MERIS and a sustainability rating of "1SQS" from Moody’s, demonstrating a firm commitment to the principles of sustainable sukuk as outlined by the International Capital Market Association (ICMA). The strong demand for the issuance was evident, with 1.2x oversubscription, highlighting its appeal and significance in the financial market. This landmark issuance paves the way for greater financial inclusion and fosters economic development within local communities, while also setting a new precedent for the region’s future in sustainability responsible investing. The MBH team advising on the transaction was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets) and Imane Raouf (Partner), and included Abdallah Soliman (Senior Associate), Aya Omar (Associate) and Sherouk Haiba (Associate).  

We are delighted to share our recognition in the 2025 Global Banking & Markets (“GBM”) Awards for our pivotal advisory role in securing an EGP 10.3 billion syndicated long-term facility.This financing supports Palm Hills for Development and its subsidiary in their groundbreaking Badya project, Egypt’s first sustainable smart city, and is the largest ever granted to a private-sector real estate developer in the Egyptian market. A heartfelt congratulations to our client and our exceptional attorneys: Mahmoud Bassiouny (Regional Managing Partner and Group Head of Finance & Projects) and Iman Nassar (Senior Associate).  

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Beltone Holding (“Beltone”) in connection with its 100% acquisition of SODIC For Securitization. This acquisition is expected to enhance Beltone’s ability to securitize the portfolios of its growing roster of non-banking financial services firms as well as third parties’ portfolios. The MBH team advising on the matter was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets), Muhammad Nassef (Partner), Omar Adel (Counsel), and Khaled Abdel Wahab (Senior Associate).