Matouk Bassiouny & Hennawy

We are pleased to announce that the Litigation team at Matouk Bassiouny & Hennawy (“MBH”) has secured a landmark victory in a high-stakes, long-running dispute in favor of NESCO Egypt for Tourism Investments, involving a total exposure exceeding EGP 4 billion. The dispute started in 2011, when the company initiated proceedings seeking a declaration of non-liability in relation to alleged indebtedness claimed by one of Egypt’s largest banks. The banks subsequently filed counterclaims seeking repayment of the loan amount together with various forms of accrued interest. In 2021, a judgment was rendered at first instance against the company, ordering repayment to three major banks, inclusive of compounded and variable interest, bringing the total adjudicated liability to over EGP 4 billion—exceeding the principal amounts originally claimed. At the appellate stage, our firm was instructed to assume representation of the client at a critical juncture, notably after the Cairo Court of Appeal had reserved judgment on the appeals filed by the company, the banks, and a major real estate development company. We promptly submitted a motion to reopen pleadings, supported by compelling legal arguments and evidence demonstrating the necessity of enabling the client to fully present its defense. The Court of Appeal granted our motion and ordered the reopening of pleadings. During the subsequent hearing, our team advanced comprehensive legal arguments and strategic defenses, seeking the complete annulment of the first-instance judgment and a declaration that the court lacked jurisdiction. In a significant development in 2024, the Court of Appeal ruled in our favor, setting aside the first-instance judgment and determining that jurisdiction properly rested with the Cairo Economic Court. While this constituted a major procedural and substantive success, the dispute continued following referral to the competent court. Over the ensuing period, we diligently represented the client before the Cairo Economic Court, submitting detailed pleadings and robust defenses. The court ultimately upheld our position and dismissed the banks’ claims in their entirety. This outcome represents a decisive and comprehensive victory for our client and underscores MBH’s proven ability to successfully navigate complex, high-value disputes and deliver exceptional results under demanding circumstances. The MBH team that handled this matter was led by Dr. Mohamed Shehata (Partner and Head of Litigation & TMT), Reda Morsy (Legal Director), Dr. Tamer Sayed (Legal Director), Khaled Shedid (Legal Director), Eslam Abdeldayem (Counsel), Abdelrahman Hassan (Senior Associate), Mohamed Hanafy (Associate), Abdelrahman Agha (Associate), and Yara Abdelaleem (Associate). For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/

Matouk Bassiouny & Hennawy (“MBH”) is proud to announce a significant achievement by its Litigation team, successfully securing a landmark victory in a complex cross-border criminal dispute involving asset exposure exceeding EGP 1 billion. MBH represented one of Lebanon’s most prominent families in a multi-jurisdictional matter arising from a series of fraudulent transactions targeting extensive landholdings across Lebanon, Egypt, and Jordan. Investigations uncovered a sophisticated scheme involving the forgery of multiple powers of attorney, which were unlawfully used to facilitate the sale and disposal of key real estate assets in both Egypt and Lebanon. MBH was engaged at a critical stage of the dispute and promptly undertook a comprehensive legal and factual assessment. Upon identifying strong evidence of criminal conduct, our team initiated coordinated legal action, including the filing of criminal complaints and the submission of extensive evidentiary records before the Public Prosecution. Over a two-year period, MBH’s team led all aspects of the proceedings before the Public Prosecution, including drafting detailed submissions, attending investigative sessions, and solidifying legal arguments supported by documentary evidence. These efforts culminated in the successful referral of the principal perpetrator to trial before the competent Felony Criminal Court. In a decisive outcome, the court issued its judgment convicting the defendant of forging official documents and unlawfully using them, sentencing him to 15 years of rigorous imprisonment. This landmark judgment underscores MBH’s capability to navigate complex, high-stakes criminal matters across multiple jurisdictions. It represents a decisive victory for the client, securing substantial assets and reinforcing the rule of law against sophisticated fraudulent schemes. The MBH team that handled this matter was led by Dr. Mohamed Shehata (Partner and Head of Litigation & TMT), Reda Morsy (Legal Director), Eslam Abdeldayem (Counsel), Ayman Sedik (Legal Director for Criminal Enforcement & Intelligence), Mahmoud Ghanem (Senior Associate), Hamada Farahat (Senior Associate), and Mohamed Hanafy (Associate). For more about Matouk Bassiouny, please visit our website at https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny’s arbitration team has secured a favourable award for a major Egyptian pharmaceutical company, acting as an agent and distributor for several international pharmaceutical companies. The dispute arose out of a long-term contractual relationship concerning the promotion and distribution of pharmaceutical products for a leading European pharmaceutical company. The arbitration was conducted under the Dubai International Arbitration Centre (DIAC) Rules, with its seat in Dubai, UAE, and governed by German law. Following complex arbitral proceedings, including the cross-examination of multiple witnesses, the Tribunal issued an award in our client’s favour, granting an award of approximately EUR 2.1 million. This successful outcome was achieved by our team, led by Dr Ahmed Abdelhakeem (Partner), together with Khaled Abou El Wafa (Senior Associate), and Mohamed Abdelkhalek (Associate). We are also grateful to Oliver Korte, Helena Thiel, and Christopher D. Harten of ADVANT Beiten for their valuable support on German law issues. For more about Matouk Bassiouny, visit matoukbassiouny.com.

We are pleased to announce that Matouk Bassiouny & Hennawy, in collaboration with the legal department of Juhayna Food Industries, has successfully obtained a significant court ruling in favor of the company.  The judgment establishes an important and modern judicial precedent concerning the application of conflict of interest rules for listed companies, integrating both the provisions of the Egyptian Companies Law and the listing and delisting regulations of the Egyptian Exchange. The court upheld the validity of Juhayna’s decision to exclude a candidate from running for membership on its Board of Directors, on the grounds that the candidate was engaged in a competing business activity without obtaining prior authorization from the company’s General Assembly—even where such activity predated the candidate’s nomination. Amr Ehab, Partner in our Litigation Department, commented that this ruling represents a significant judicial precedent for companies listed on the Egyptian Exchange. He further noted that the judgment highlights the efficiency of the Economic Court in resolving investor-related disputes under Egyptian corporate law, with the case being adjudicated in less than five months from the filing date. The case was handled by Amr Ehab (Partner), alongside Nora Rabie (Senior Associate), under the supervision of Mohamed Abdel Fattah (Partner and Head of Capital Markets) at Matouk Bassiouny & Hennawy. We are proud to have supported Juhayna Food Industries in securing this landmark judgment and to have contributed to establishing a key precedent in the Egyptian legal landscape. For more about Matouk Bassiouny, visit matoukbassiouny.com.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to private equity firm Amethis in connection with its significant minority investment in Tiba for Starch & Glucose, a leading Egyptian producer of rice-based specialty food ingredients. The transaction supports Tiba’s growth ambitions and aims to strengthen its operational capabilities and long-term development both locally and globally. The MBH team advising on the transaction was led by Mariam Auda (Partner) and included Amina Shawky (Associate). For more about Matouk Bassiouny, visit https://matoukbassiouny.com/

Mohamed will join on 1 June 2026 as Partner and Co-Head of the Finance and Projects group, with over 16 years of experience advising on complex infrastructure, energy, and PPP projects in Egypt. Mohamed brings in valuable and diverse experience, where prior to joining the firm, he was leading the Infrastructure and Power practice with strong expertise in projects’ development, financing, in addition to heading the M&A practice at Sharkawy & Sarhan. Earlier in his career, he was seconded to Allen & Overy LLP (now A&O Shearman) in Dubai, where he gained valuable exposure to international law firm standards and expectations. Mohamed advises multilateral institutions, development finance institutions, public sector entities, lenders, sponsors, and private equity players on complex and first-in-country project finance and utility-scale renewable energy projects and strategic investments. He is consistently ranked in the top tiers and bands of legal periodicals in his areas of expertise. Naila has just joined the firm as Partner in Finance & Projects, with over two decades of international experience spanning the United Kingdom, Europe, and Egypt. She brings a unique cross-border perspective shaped by senior roles at leading international law firms and major corporations, including Linklaters, Dentons Wilde Sapte (now Dentons), Babcock & Brown, Hassan Allam Holdings and Sharkawy & Sarhan. Naila has extensive experience advising on complex infrastructure, energy, and public-private partnerships (PPP) projects across the EMEA region. Having spent significant time between Cairo and London throughout her career, Naila brings deep cultural fluency, an understanding of geopolitical challenges and a strong international network, further strengthening the firm’s ability to support clients across jurisdictions and expand its regional reach. As a talented relationship builder, dot connector and experienced communicator, Naila will play a leading role as Head of Client Development and Strategy. Mahmoud Bassiouny, Regional Managing Partner, has expressed "The joining of Mohamed and Naila as partners is a clear demonstration of our commitment to continue attracting technically excellent and ethically minded lawyers who share our drive to deliver the highest standard of service to our clients. As Egypt continues to attract landmark infrastructure investment and project finance mandates, Mohamed's leadership as Co-Head of Finance & Projects will be instrumental in ensuring our clients receive best-in-class counsel at every stage. Equally, Naila's dedicated focus to client development will further strengthen our ability to anticipate and meet our clients’ needs." For more on Naila & Hazzaa’s expertise, visit: https://matoukbassiouny.com/partner-profile/naila-ramsay/ https://matoukbassiouny.com/partner-profile/mohamed-nabil-hazzaa/

Geopolitical tensions in the Gulf are no longer just a political or military concern. They are actively reshaping contractual risk and have huge impact on contracts including construction and oil and gas contracts. From disrupted supply chains to surging costs and delayed performance, businesses are increasingly asking the same question: does this excuse performance, or merely make it more expensive? And what are the legal consequences of either of these two impacts? The answer lies in a critical legal distinction under Gulf laws, influenced by Egyptian law: Force majeure applies where performance becomes impossible. In this case, the obligations in question would be extinguished, and the contract may be terminated. Hardship applies where performance remains possible but excessively burdensome, threatening excessive losses and disturbing the contractual equilibrium. In this case, courts may rebalance the contract by changing the extent of obligations or by suspending them. In both cases, the event in question must be exceptional, unpredictable and unavoidable. These terms were extensively defined under Gulf laws and courts jurisprudence. The difference between these two doctrines is not merely academic. It determines whether a party walks away without liability or remains bound (albeit on adjusted terms). To deal with the consequences of force majeure and hardship events, clients are advised to make sure of the following: Review governing law and contract terms carefully. The availability and scope of relief depend heavily on both. Do not assume economic disruption qualifies as force majeure. The threshold is significantly higher than commercial hardship. Document causation and mitigation efforts: Parties must demonstrate that the event directly caused the disruption and that reasonable steps were taken to mitigate its impact. Consider proactive renegotiation. In hardship scenarios, courts favor rebalancing rather than termination. Draft with precision going forward. Clear force majeure clauses and risk allocation mechanisms are critical in volatile geopolitical environments In our latest client alert, we break down how courts across the GCC are approaching these doctrines in light of current geopolitical developments, with practical guidance for navigating ongoing disruption. Read the full article here

We are pleased to announce that Matouk Bassiouny & Hennawy ("MBH") acted as legal counsel to Scatec ASA, a leading renewable energy solutions provider, in connection with a shareholder agreement with National Bank of Egypt ("NBE") for an equity partnership in Scatec's 1.1GW solar and 100MW/200MWh battery storage hybrid project, Obelisk in Egypt. Following the transaction, NBE holds a 20% economic interest in the project. Scatec retains a 40% economic interest while maintaining majority control through a layered ownership structure, with the remaining stakes held by EDF power solutions (20%) and Norfund (20%). The transaction reflects growing local institutional participation in Egypt's renewable energy sector and supports Scatec's strategy of bringing in high-quality partners to optimize capital structure while retaining control of core assets. The MBH team advising on the transaction was led by Hazem El Guindi (Partner) on the corporate section, and Mahmoud Bassiouny (Regional Managing Partner Group Head of Finance & Projects) and Iman Nassar (Senior Associate) on the financing section. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/

We are pleased to announce that Matouk Bassiouny & Hennawy ("MBH") acted as legal counsel to International Company for Leasing S.A.E. ("Incolease") in connection with its inaugural securitization issuance, with a total value of EGP 2 billion under its EGP 10 billion program. This landmark transaction represents a significant milestone in Incolease's journey, marking its entry into the securitization market and supporting the company's strategy to enhance liquidity and diversify its funding sources. The transaction reflects strong coordination among all parties involved and underscores market confidence in the quality of the underlying assets and Incolease's financial standing. 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 Abdel Reheem Ashraf (Senior Associate), Laila Zaki (Associate), Mariam Goubran (Associate), and Ahmed Ayman (Associate). Al Ahly Pharos was involved in the transaction as the investment bank, Baker Tilly as auditor, and Middle East Rating & Investors Service (MERIS) as rating agency. Participating banks included Arab African International Bank, National Bank of Egypt (NBE), Banque Misr, Al Baraka Bank Egypt, SAIB, and Attijariwafa Bank. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy has successfully obtained a significant and enforceable court ruling from the Administrative Court at the Egyptian State Council, suspending the decision of the General Authority for Investment and Free Zones (GAFI) to invite the General Assembly of the Egyptian Resorts Company S.A.E. to meet for the election of a new Board of Directors. The appeal was filed and adjudicated in less than one week from the date of filing, reflecting the efficiency and swift handling of the matter before the competent court. This judgment represents an important precedent for companies listed on the Egyptian Exchange, particularly in relation to corporate governance and the regulatory framework governing General Assembly procedures. The case was handled by Amr Ehab (Partner) and Doha Eldari (Senior Associate) from our Litigation Department. We are proud to have successfully represented our client in securing this landmark ruling and contributing to the development of key legal principles impacting listed companies in Egypt. For more about Matouk Bassiouny, visit matoukbassiouny.com.

We are pleased to announce that Matouk Bassiouny & Hennawy ("MBH") acted as legal counsel to National Bank of Egypt ("NBE"), the largest commercial bank in Egypt, in connection with a shareholder agreement with Scatec ASA for an equity partnership in Scatec's 1.1GW solar and 100MW/200MWh battery storage hybrid project, Obelisk in Egypt. Following the transaction, NBE holds a 20% economic interest in the project. Scatec retains a 40% economic interest while maintaining majority control through a layered ownership structure, with the remaining stakes held by EDF power solutions (20%) and Norfund (20%). The transaction reflects growing local institutional participation in Egypt's renewable energy sector and supports Scatec's strategy of bringing in high-quality partners to optimize capital structure while retaining control of core assets. The MBH team advising on the transaction was led by Hazem El Guindi (Partner) on the corporate section, and Mahmoud Bassiouny (Regional Managing Partner Group Head of Finance & Projects) and Iman Nassar (Senior Associate) on the financing section. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal advisor to Admaius Capital Partners and the founders of Parkville Holding B.V. and its subsidiaries, one of Egypt’s leading cosmeceutical businesses, in connection with the signing of definitive transaction documentation for the sale of a majority stake to Adenia Partners. This transaction follows MBH’s prior advice to Admaius Capital Partners on its acquisition of a minority stake in Parkville, reflecting the firm’s continued involvement in the company’s growth journey. The transaction marks the successful full exit of Admaius Capital Partners and represents a significant milestone in Parkville’s continuous growth, paving the way for its next phase of expansion and regional development under Adenia Partners’ ownership. Completion of the transaction remains subject to customary closing conditions and the receipt of required regulatory approvals. 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 Salma El Refaie (Senior Associate) and Mayar Sharafeldin (Associate). MBH is proud to have supported Admaius Capital Partners and the founders of Parkville through this important milestone and to have contributed to a significant private equity transaction in Egypt’s fast-growing cosmeceutical and healthcare sectors. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as Egyptian legal counsel to IFC – International Finance Corporation on its first investment in a securitization transaction in Egypt. The transaction involved a securitization programme launched by GlobalCorp, structured into three tranches with distinct maturities and credit ratings. This transaction contributes to the continued development of Egypt’s securitization framework and supports the diversification of local capital markets. The MBH team advising on the transaction was led by Imane Raouf (Partner), with the support of Laila Zaki (Associate) and Mariam Goubran (Associate). We were pleased to work alongside Ashurst as international counsel on this transaction, and we extend our appreciation to all parties involved for their collaboration and efforts in bringing this milestone transaction to completion. This transaction reflects our continued commitment to supporting the growth of Egypt’s capital markets and advising on innovative and first-of-their-kind financings. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal advisor to Jackson Square Aviation (Ireland) Limited (“JSA”), a global leader in aircraft leasing, in connection with its first-ever commercial aircraft lease transaction in Egypt to flyplus (formerly known as Nesma Airlines). MBH advised JSA on the delivery of an Airbus A321-200 aircraft (MSN 5922) to Egyptian carrier flyplus. The aircraft strengthens flyplus’s narrowbody fleet, providing increased capacity and efficiency for its regional and international operations, supporting Egypt's growing tourism and travel sector. This transaction was led by Sherif El Hosseny (Partner and Head of Aviation) and included Malak El Amiry (Associate), to mark a significant milestone as the inaugural entry of JSA’s leasing portfolio into the Egyptian market, expanding its footprint in the Middle East and North Africa region. #MBH #MBHAviation #AviationLaw #AircraftLeasing #Egypt #JacksonSquareAviation #JSA #NesmaAirlines # flyplus #AirbusA321 #DealAnnouncement #LegalAdvisor #MiddleEastAviation #NorthAfrica #FirstTransaction 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 Btech Trade and Btech Finance (“Btech”) in connection with an EGP 1,759,000,000 (one billion seven hundred fifty-nine million Egyptian Pounds) securitization transaction. This transaction represents the first issuance of Capital’s fourteenth securitization program amounting to an aggregate of EGP 10,000,000,000 (ten billion Egyptian Pounds). 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). CIB was also involved in the transaction as the financial advisor, Baker Tilly as the Auditor, Capital Securitization Company as the Securitization Company, Middle East Rating & Investors Service (“MERIS”) as the rating agency. We would like to extend our gratitude to all the stakeholders involved and our dedicated team whose hard work and commitment made this transaction possible. This landmark deal is a testament to our commitment to fostering innovation in the financial sector and advancing economic development. As we move forward, we remain committed to supporting the growth of consumer finance in Egypt and contributing to the empowerment of communities through access to much-needed financial resources.   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 Catalyst Partners in connection with the commencement of trading of Egypt’s first Special Purpose Acquisition Company (“SPAC”), Catalyst Partners Middle East (“CPME”), on the Egyptian Stock Exchange. The launch of CPME follows the completion of a series of strategic acquisitions, resulting in a combined issued capital of approximately EGP 3 billion. CPME commenced trading at levels above its nominal value, marking a significant milestone for the Egyptian capital markets and reinforcing the role of SPACs as an alternative vehicle for growth and acquisitions, particularly in the non-banking financial services and financial technology sectors. MBH advised on the transaction through its final stages, supporting Catalyst Partners in achieving this landmark listing within Egypt’s evolving regulatory framework. The MBH team advising on the transaction was led by Mohamed Abdel Fattah (Partner and Head of Capital Markets) and also included Mohamed Galal (Counsel) and Khaled Abdelwahab (Senior Associate). MBH is proud to have supported Catalyst Partners through this milestone and to have been part of the journey leading to the successful launch of Egypt’s first SPAC. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Tasaheel for Financing S.A.E. (“Tasaheel”) in connection with an EGP 3,520,500,000 (* Egyptian Pounds) securitization transaction. This transaction represents the fourth issuance of Capital’s Twelfth securitization program amounting to an aggregate of EGP 20,000,000,000 (twenty billion Egyptian Pounds), 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 was also involved in the transaction as the financial advisor, Baker Tilly as the Auditor, Capital Securitization Company as the Securitization Company, Middle East Rating & Investors Service (“MERIS”) as the rating agency. We would like to extend our gratitude to all the stakeholders involved and our dedicated team whose hard work and commitment made this transaction possible. This landmark deal is a testament to our commitment to fostering innovation in the financial sector and advancing economic development. As we move forward, we remain committed to supporting the growth of microfinance in Egypt and contributing to the empowerment of communities through access to much-needed financial resources. 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 Tamweely Financial Services in connection with an EGP 1,155,000,000 securitization transaction. The securitized portfolio consisted of microfinance contracts, representing the second issuance of AlAhly’s fifth securitization program, which has an aggregate value of EGP 5,000,000,000. This transaction marks another milestone in Tamweely Financial Services’ efforts to enhance liquidity and support the growth of the microfinance sector in Egypt. 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). Al Ahly Pharos acted as the financial advisor, Baker Tilly as the auditor, Al Ahly for Securitization as the securitization company, and Middle East Rating & Investors Service (“MERIS”) as the rating agency. We would like to extend our gratitude to all stakeholders involved and our dedicated team, whose hard work and commitment made this transaction possible. This landmark deal highlights our commitment to fostering innovation in the financial sector and supporting the growth of the microfinance sector in Egypt. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/.

We are pleased to announce that Matouk Bassiouny has successfully obtained a significant costs judgment before the Abu Dhabi Global Market (ADGM) Court of First Instance in the first UAE ruling addressing wasted costs arising from the misuse of artificial intelligence (“AI”) in court documents. The Court ordered the opposing law firm to pay our client’s wasted costs of AED 282,508 on an indemnity basis, with the Defendant separately ordered to pay AED 245,000 in costs. The judgment criticised the filing of pleadings relying on non-existent or misapplied authorities, and confirmed that failure to verify AI-generated research before filing was “reckless” and “amounted to a breach of the Rules of Conduct” (para 59). The team advising on this case was led by Ahmed Tony (Partner), supported by Youssef Nassar (Senior Associate) and Alia Elraey (Associate), together with Counsel Sajid Suleman of Outer Temple Chambers. Commenting on the judgment, Ahmed Tony said: “This ruling sends a clear message that AI is a powerful tool, but it does not replace the lawyer’s fundamental duty to verify research and ensure accuracy in court filings. Our firm embraces AI tools to enhance efficiency and deliver better outcomes for our clients. However, we recognise that these tools must be used responsibly, with appropriate oversight and verification.” Led by Founding Partner and Group Head of Dispute Resolution, John Matouk, our International Dispute Resolution team brings extensive experience in representing clients before the ADGM and DIFC Courts in the UAE. Our team is common law qualified, with Ahmed Tony admitted in England and Wales, Youssef Nassar (Senior Associate) in New York, and Alia Elraey (Associate) in England and Wales. As part of our commitment to providing comprehensive legal services, we collaborate with specialist barristers to ensure our clients receive the highest quality representation throughout the litigation process. For more about Matouk Bassiouny, visit https://matoukbassiouny.com/. Case Reference: [2025] ADGMCFI 0032.

We are pleased to announce that Matouk Bassiouny (“MB”) acted as legal counsel to the shareholders of InfiniLink – a Delaware-Cairo-based silicon-photonics startup specializing in high-performance optical transceiver chiplets – in connection with the company’s full acquisition by GlobalFoundries (“GF”). Following the acquisition, InfiniLink’s design expertise and portfolio of optical transceiver chiplets (iOTC), silicon-photonics capabilities, and SerDes technologies will be integrated into GF’s silicon-photonics business. The MB team advising on the transaction was led by Mohamed Essam (Partner, Head of Corporate and M&A UAE and FinTech ECVC), and included Moustafa Rizk (Senior Associate), and Ahmed Hatem (Associate). For more about Matouk Bassiouny, visit matoukbassiouny.com.

We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to the National Bank of Egypt (“NBE”), together with a syndication of leading banks, including Commercial International Bank (“CIB Egypt”), Arab African International Bank (“AAIB”), Banque du Caire, Emirates NBD Egypt, and HD Bank, in connection with the first-ever syndicated loan to a Non-Banking Financial Institution (“NBFI”), Drive Finance, with a facility amount of up to EGP 5 billion. This landmark transaction marks a significant milestone for the Egyptian financial sector, enabling Drive Finance to further expand its consumer finance and factoring portfolios while reinforcing its role in shaping the future of Egypt’s financial services landscape. The MBH team advising on the transaction was led by Mahmoud S. Bassiouny (Regional Managing Partner and Group Head of Finance & Projects), and included Iman Nassar (Senior Associate), and Myriam Fahmy (Associate). For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.