
Zulficar & Partners Law Firm is well-equipped to handle banking and non-banking finance transactions, including complex syndications, club and multilateral loan agreements, credit facility agreements, project finance and green finance initiatives. The team is also renowned for its track record in debt instruments transactions, which spans green bonds, financial sukuk and securitisation. The team is co-led by founding partner Mona Zulficar, a leading authority on restructurings and project finance, and Ashraf Ihab, who brings extensive experience in complex financing transactions spanning syndications and credit facilities. Other key contracts include Dania El Samad, who focuses on banking and project finance with a frequent cross-border focus, and Tamima Yahia, who joined the team in July 2024 and enhances the team’s regulatory services.
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- Profile
Accolades
Client satisfaction
Key clients
- Al Ahli Bank of Kuwait - Egypt
- Al Ahli Bank of Kuwait K.S.C.P
- Al Ahly Pharos
- Arab African International Bank
- Arab Banking Corporation
- African Export-Import Bank
- Bank of America
- Banque Misr
- Bank of Alexandria
- Bank of Palestine
Work highlights
- Advised Arab African International Bank on the issuance of a sustainable development bonds program amounting to $500m.
- Advised Qalaa Holdings (QH) on a complex settlement and restructuring of debts owed to local and international banks and financial institutions under a syndicated loan agreement, through a variety of mechanisms.
- Advised the International Lenders of the National Bank of Egypt on a Term Loan Facility Agreement of up to $1bn for a tenor of one year with two annual extension options.
Lawyers
Hall of fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Ashraf Ihab
Next generation partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Mona Zulficar; Ashraf Ihab
Other key lawyers
Dania El Samad; Tamima Yehia