BANKING & FINANCE
Ragia Omran, Of Counsel in charge of Banking & Finance (and International Debt Capital Markets)
Ragia.Omran@hashemlaw.com
Sameh Kamal, Partner in charge of Projects & Project Finance
Sameh.Kamal@hashemlaw.com
Recent examples of experience:
- Acting as Legal Advisor of Evergrow Specialized Fertilizers SAE in the restructuring of USD 402 million credit facility, including an Islamic Finance tranche.
- Advising the Cotton, Spinning, Weaving & Garment Holding Company in the Euro 540 million Facility Agreements from SACE S.p.A. and the Swiss Export Risk Insurance.
- Advising ANOPC and ASORC (as borrowers) in the USD 727.52 million Financial Facility Agreement covered by sovereign guarantee from the Government of Egypt and advising ANOPC (as a borrower), the National Bank of Egypt, and Banque Misr in the USD 701.38 million Financial Facility Agreement (Tranche B).
- Advising Madinet Nasr for Housing and Development in the EGP 750 million sale and leaseback from EFG Hermes.
- Advising Bank of Communications Co., Ltd. Hong Kong Branch in the USD 37.5 million loan granted to finance a Boeing aircraft.
- Advising Banque Misr and a syndicate of Egyptian banks in the EGP 1.25 billion syndicated long term facility to Cairo 3A Poultry towards establishing and operating poultry production farms.
- Advising Vodafone Egypt Telecommunications SAE on the USD 172.17 million Global Facility Agreement for general corporate purposes from the Commercial International Bank and on the USD 172.17 million Syndicated Facility Agreement from Banque Misr towards capital expenditure requirements, operating expenses, and financing general corporate purposes including tax payment.
CAPITAL MARKETS
Yasser Hashem, Managing Partner overseeing the Corporate, M&A, Capital Markets, and TMT Departments
law@hashemlaw.com
Helal El Hossary, Partner and Head of Capital Markets & Corporate Procedures
helal.elhossary@hashemlaw.com
Recent examples of experience:
- Acting as the Local Legal Counsel to eFinance for Digital and Financial Investments SAE in its IPO through a secondary offering.
- Acting as the legal council to Alexandria Container and Cargo Handling Company SAE in the follow-on offering on the Egyptian Stock Exchange.
- Advising Raya Holding for Financial Investments in splitting the stock nominal value of its shares & capital decrease via execution of treasury shares.
- Advising B Investments Holding in the ca. EGP 1.88 billion acquisition of up to 90% of Orascom Financial Holding through MTO.
- Advising Aldar Ventures International Holdings RSC Limited and Gamma Forge Limited in the EGP 6.1 billion (USD 386.8 million) acquisition through Mandatory Tender Offer of the capital of Sixth of October for Development and Investment (SODIC) SAE.
- Advising the Joint Lead Managers and Dealers on the establishment, updates, upsizes, and issuances of the Arab Republic of Egypt's USD 30 billion Global Medium Term Note Programme (GMTN).
- Advising on CORPLEASE’s 4th, 5th, 6th, 7th, 8th, 10th, 11th, and 13th Securitization Bond Issuances.
- Advising Aman Consumer Finance SAE in the Securitization Bond Issuance of a total value of EGP 1.04 billion.
CORPORATE AND MERGERS & ACQUISITIONS
Yasser Hashem, Managing Partner overseeing the Corporate, M&A, Capital Markets, and TMT Departments
law@hashemlaw.com
Recent examples of experience:
- Advising the National Bank of Egypt in the acquisition of 24% Stake in Hyde Park Developments.
- Advising Madinet Masr for Housing and Development SAE in structuring and establishing its first investment in the sports business through joint venture with a club management company.
- Advising ALSTOM on a multimillion US dollar internal restructuring process.
- Advising Ali Alghanim International in the USD 50 Million and EGP 1.48 billion acquisition of Auto Mobility and the appointment of Auto Mobility as a manufacturer and distributor of Geely vehicles in the Egyptian Market.
- Advising the Commercial International Bank (Egypt) on the USD 40 million Share Purchase Agreement entered with the founding shareholders of Mayfair CIB Bank Limited (Kenya).
- Advising the consortium of buyers in the acquisition of BMW’s Business and the local importer’s assets in Egypt.
- Advising Raya Holding in its direct and indirect acquisition of 300,000 shares (10.27%) in Haier-Raya Electric SAE for a total value of EGP 47.742 million through a Russian roulette mechanism (Egypt).
- Advising the European Bank for Reconstruction and Development (EBRD) in the acquisition of a 95% stake in GlobalCorp-.
TELECOMMUNICATIONS, MEDIA, AND TECHNOLOGY (TMT)
Yasser Hashem, Managing Partner overseeing the Corporate, M&A, Capital Markets, and TMT Departments
law@hashemlaw.com
Recent examples of experience:
- Advising Vodafone Egypt Telecommunications SAE in acquiring all local mobile and international wholesale interconnection agreements, fixed licenses and international gateway licenses within the unified licensing regime.
- Advising Global Peering Exchange LTD (GPX) since its incorporation in 2005 regarding all legal and telecom regulatory matters in Egypt. ZH&P assisted GPX in obtaining the first and only Data Centrer license in Egypt.
- Acting as the Legal counsel to Fawry for Banking & Payment Technology Services (Fawry) - a leading company in the field of information technology and electronic payment through a variety of network including ATMs, mobile wallets, commercial outlets and online payment - since its existence in Egypt in 2008 and advised on all legal, licensing and regulatory matters.
- Advising Khazna on the appropriate legal structure related to the services of salary advance in Egypt and other Micro Finance/Nano Finance Consumer Finance Licenses.
- Acting as legal counsel to Fawry for Banking & Payment Technology Services (Fawry) since its existence in Egypt in 2008 and advised on all legal, licensing and regulatory matters to date.
- Advising The Entertainer on the main provisions of Data Protection Laws.
- Advising myGINNE regarding money collection in its partnership with Fawry.
- Advising a US-based Fintech startup in the industry of micro finance and consumer finance services and negotiating its entry into the CBE’s regulatory sandbox.
DISPUTE RESOLUTION (ARBITRATION)
Mohamed Kamal, Partner and Head of the Arbitration Department
law@hashemlaw.com
Recent examples of experience:
- Advising an Egyptian company in the enforcement of the Arbitration award rendered against an overseas company regarding the infringement of a distribution agreement.
- Advising an international food catering company in the Arbitration against a commercial aviation company regarding failure to settle due amounts for services rendered.
- Representing an Egyptian-based petroleum company in seven arbitration cases over alleged illegal breaches of contractual terms.
- Representing a major natural gas supply company in a USD 10.5 million dispute ended by settlement before CRCICA.
- Representing a leading distributor of home appliances in the ICC arbitration regarding the breach of contractual obligations under a distribution agreement.
- Representing an international hotel management company in mediation proceedings regarding a centralized services agreement and hotel management agreement – administered by the International Chamber of Commerce.
- Representing a global medical supplier in a USD 5.1 million dispute before the ICC over a supply and services agreement.
- Representing an international biomedical company and an Egyptian electronics company in an arbitration before the ICC with one of the world's largest technology companies.
DISPUTE RESOLUTION (LITIGATION)
Omar Abou Elenain, Senior Partner and Head of the Litigation Department
law@hashemlaw.com
Recent examples of experience:
- Representing Centamin Egypt and successfully wining the case raised against it regarding a claim raised before the State Council court to request the annulment of the Sukari gold mine concession agreement for the exploration and exploitation of gold granted to Pharaoh Gold Mines NL (2012 / 2023) – as well as handling all of Centamin Egypt’s litigation matters (Ongoing).
- Representing Trans-Mediterranean Tourism Investment Company in the case filed to retrieve USD 5.7 million advanced for the purchase of a land In Hurghada.
- Representing Vodafone Egypt Telecommunications SAE in the case filed by Telecom Egypt Company to claim an EGP 350 million compensation for international call fees.
- Advising the International Finance Corporation (IFC) in the dispute regarding Omar Effendi Debt for USD 35 million.
- Representing the Arab Bank in a Case of invalidity regarding the ownership of a building that is currently the headquarters of the Bank for EGP 400 million.
- Representing Pepsi Cola Egypt in the case filed against a sugar supplier.
- Advising Mota Group (Portugal) in its legal claim against its agent in Egypt resulting from transactions and a trade agency agreement.
- Representing the Arab Bank in its defense in the EGP 368 million case filed by an Insurance Company over a compensation related to a fire.
PROJECTS AND INFRASTRUCTURE
Sameh Khodeir, Senior Partner in charge of Oil & Gas
law@hashemlaw.com
Yasser Hashem, Managing Partner overseeing the Corporate, M&A, Capital Markets, and TMT Departments
law@hashemlaw.com
Recent examples of experience:
- Advising Fortescue Future Industries on the green hydrogen project in Egypt.
- Acting as Sole Local Egyptian Counsel to the Consortium of British investors in the USD 8 billion Al Alamein Petrochemical Project.
- As member of the Consortium led by the French SYSTRA, advising the Government of Egypt in the design & procurement (EPC) and operation & maintenance of the High Speed Railway Project connecting Ain Sokhna to New Alamein City.
- Advising Antipollution Egypt SAE on the entry into a USD 15 million Waste Management & Services Agreement with the Red Sea Port Authority.
- Advising RATP DEV on the Operation and Maintenance of Cairo Metro Line 3.
- Advising OCI Global on the first green methanol bunkering in Egypt.
- Advising BEEAH Group in structuring, drafting and executing a 30-year waste collection and recycling contract for the New Administration Capital signed with the Administrative Capital for Urban Development SAE.
- Representing Hassan Allam Utilities Consultancies, Orascom and Samcrete in the concession granted by the internal trade development authority towards the establishment, operation, maintenance and hand-over of the Strategic Warehouses Project.
ENERGY, RENEWABLES, OIL & GAS
Sameh Khodeir, Senior Partner in charge of Oil & Gas
law@hashemlaw.com
Recent examples of experience:
- Acting as the Egyptian Legal Advisor to IEOC - an energy company specialized in the activities of exploration, production, transportation, transformation and marketing oil & gas – and its companies in Egypt (AGIP and ENI).
- Advising El Sewedy Electric Company in the joint venture with The Arab Contractors Company regarding Tanzania’s Rufiji Hydropower Project.
- Representing the International Finance Corporation (IFC) in supporting the EETC in the design and implementation of Egypt’s first solar auction program.
- Advising Infinity-e on the Anticipated Implementation of Public Charging Stations for Electric Vehicles in Cooperation with Several Developers in Egypt.
- Advising the Egyptian Electricity Transmission Company in its EPC Contract with the Saudi Electricity Company (SEC) within the Egyptian-Saudi Linkage Project.
- Advising ENGIE in the 262.5 MW Windfarm Project in the Gulf of Suez.
- Updating the downstream contract models for a major multi-national oil distribution company.
- Restructuring the relationships between Wealth Resources & Mining SAE and Shalateen Mineral Resources Company and the Egyptian Mineral Resources Authority.
LABOUR AND EMPLOYMENT
Omar Abou Elenain, Senior Partner and Head of the Litigation Department
law@hashemlaw.com
Recent examples of experience:
- Representing Vodafone International Services in the case filed against a former employee requesting the refund of amounts unlawfully received at the end of employment.
- Representing Eastern Company in 1200 cases filed by former employees (post exit through Voluntary Retirement Scheme) regarding alleged rights to annual profit sharing and other entitlements.
- Representing Four Seasons First Residence Hotel and FS First Residence Company in the case filed by a former employee.
- Representing Grand Nile Tower Hotel in drafting and reviewing the Collective Labor Agreement concluded with the General Trade Union of Tourism and Hotels Workers and the Hotel Workers’ Union Committee.
- Representing Hilton International Hotels in concluding 13 Labour Agreements.
- Representing the majority of international hotel chains in Egypt in the defense against multiple claims by hotel employees.
- Representing Nakhla Tobacco Company (JTI) in the case filed by employees in a dispute over annual profit disbursement.
- Representing Real Estate Development Fund Company (Nemow) in the case regarding its clearance from compensating for salary tax.
REAL ESTATE
Shaaban Gaballah, Senior Partner in charge of Real Estate
law@hashemlaw.com
Recent examples of experience:
- Advising El Canal Sugar Company on the USD 1 billion Agricultural and Industrial Beet Sugar Project in Egypt.
- Advising the Egyptian Countryside Development Company (Al-Reef Al-Masry for Development) in the National Project for Reclaiming and Cultivating 1.5 million Feddans.
- Advising Damietta Furniture Company in the Establishment of a new Industrial Furniture City at Damietta Governorate for SMEs and Strategic Industrial Investors.
- Advising Global Auto SAE in acquiring a land and building in Alexandria Free Zone Area.
- Advising the Sovereign Fund of Egypt (TSFE) in the development of one of its vacant lands located next to the old museum of Cairo.
- Advising Madinet Masr for Housing and Development SAE in the acquisition of EgyCan Real Estate Development and Minka Real Estate Development.
- Advising an Egyptian real estate company on construction and consultancy agreements under the FIDIC red book.
- Advising Pepsi Cola Egypt in the purchase of an office building.
