ALC Alieldean Weshahi & Partners > Giza, Egypt > Firm Profile

ALC Alieldean Weshahi & Partners
5 ABD EL-KAWY SHAMS
DOKKI, GIZA
12611
12611
Egypt

Egypt > Dispute resolution: arbitration Tier 2

ALC Alieldean Weshahi & Partners joins the ranking this year having recently established a dedicated arbitration practice. The firm handles matters from pre-dispute assessment up to the enforcement of judgements and awards. While former practice head Mohamed Kamal  transferred to Zaki Hashem & Partners, Attorneys at Law, Yehia Shahine joined the firm in June 2020 from ADSERO-Ragy Soliman & Partners as new key partner. Shahine’s focus lies on arbitration in commercial complex disputes in several sectors such as sports, telecom, construction, and oil and gas. Founding partner Ahmed Weshahi is in charge of the dispute resolution practice and regularly acts as arbitrator before various fora.

Practice head(s):

Yehia Shahine

Other key lawyers:

Egypt > Banking and finance Tier 3

ALC Alieldean Weshahi & Partners joins the rankings this year with a banking & finance practice that is strong in the areas of debt capital markets, real estate and project finance, and securitisation bonds. Bahaa Alieldean leads the team with specialisations in banking transactions and capital markets and has advised a host of national and multinational banks and corporations. Associates Elham Mabrouk and Mahmoud Al-Araby are both recommended for their experience in banking and finance matters, particularly relating to securitisations.

Practice head(s):

Bahaa Alieldean

Other key lawyers:

Key clients

Contact Group

Palm Hills Developments

Misr Capital

Al-Tawfeek Securitization Company S.A.E.

Sarwa Capital

AT Lease

New Urban Communities Authority (NUCA)

Corplease

Amer Group

Sarwa Securitization

Work highlights

  • Acted as the legal advisor for Contact Financial Holding for the sharia compliant Mudarba Sukuk issuance worth EGP 2.5 billion which carries seven-year tenor. The issuance shall be used to finance the expansion of Contact Credit and its subsidiaries. The security received a credit rating A- by Middle East Rating and Investors.
  • Advised Palm Hills Developments for the securitization of Palm Hills by the Egyptian Company for Securitization for Real Estate with a release valued EGP 1.246 billion.

Egypt > Commercial, corporate and M&A Tier 3

ALC Alieldean Weshahi & Partners acts for both domestic and foreign investors in acquiring local companies, negotiation processes, drafting documents, and handling due diligences. The firm has also recently expanded its expertise in the areas of healthcare as well as non-banking financial services. Amr Namek is practice head with experience in several African jurisdictions and a number of industries including oil and gas, transportation, agriculture, and mining. Ahmed Weshahi and Bahaa Alieldean  are also recommended.

Practice head(s):

Amr Namek

Other key lawyers:

Testimonials

‘We have been instructed through Amr Namek of ALC to provide BVI advice on a number of private closed ended funds over the years. Those are clients of his firm. The parties are typically Egypt based. Amr is bilingual. I have worked with him and his team for almost a decade. He is a pleasure to work with and invariably has a good grasp of the details.’

‘Egypt appear to us to be an emerging legal services market. The smoothness with which ALC works across borders with a firm like ours is what stands out.’

‘What’s unique about ALC is their legal bench and the depth of partner’s involvement in all steps of an engagement.’

‘Amr Namek is quite unique – has incredibly deep knowledge of various issues and helps make sense of complex legal issues in layman’s language.’

Key clients

Alameda Health Group

Ahly Capital Holding

El Sewedy Electrics

Qalaa Holdings (Citadel Capital)

Dalla El Baraka

Sarwa Capital

AUR Capital

NATCO

Wadi Degla Holdings

El Sewedy Capital

Work highlights

  • Acted as a legal advisor for Alameda Healthcare Group no the acquisition by Cleopatra Hospitals Group (CHG) of 100% of Alameda Healthcare Group’s Egypt assets in a sale and purchase agreement that would see the two healthcare service providers merge their operations in Egypt.
  • Acted as the legal counsel to Ahly Capital, a subsidiary of National Bank of Egypt, with respect to the acquisition of Cairo West Medical Services (Nada Hospital); a state-of-the-art medical facility located in Sheikh Zayed City.
  • Represented El Sewedy Electric with respect to the acquisition of International Cables Company.

Egypt > Projects and infrastructure Tier 3

ALC Alieldean Weshahi & Partners is a commercial and financial boutique law firm with offices in Cairo that joins the ranking this year. The firm’s specialisations in this practice area lie in advising on projects financed by development finance institutions. Recent highlights include large-scale real estate projects in newly built Egypt cities such as the New Administrative Capital and the New Alamein City. Practice head Ahmed Weshahi is well versed in project financing deals, as well as construction and infrastructure projects.

Practice head(s):

Ahmed Weshahi

Other key lawyers:

Key clients

Ministry of Housing, Utilities and Urban Communities

New Urban Communities Authority

Administrative Capital for Urban Development

City Edge Developments

ARDIC for Real Estate for Real Estate Developments and Investment

Saudi Egyptian Developers (SECON)

The Industrial Construction & Engineering Company (SIAC)

Work highlights

  • Advising the New Urban Communities Authority (NUCA) on the design-build contract with China State Construction and Engineering Corporation (CSCEC), to develop 18 high rise towers in the New Administrative Capital, with a value exceeding USD 3 billion.
  • Advising NUCA on the design-build contract with CSCEC to develop 3 high rise towers in the New Alamein City (Egypt’s north coast), with a value exceeding EGP 1 billion.
  • Advising City Edge Developments on hotel operating agreements with ACCOR regarding the opening of two branded hotels (Fairmont and Raffles) in the New Administrative Capital.