Shalakany Law Office

Egypt

Address:
12 El Marashly St., Zamalek
Cairo, 11211
Egypt

+202 2728 8888

+202 2737 0661


Key contacts:

Managing and Senior Partner: Khaled El Shalakany
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Senior Partner: Emad El Shalakany
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Senior Partner: Aly El Shalakany
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Senior Partner: Moataz El Mahdy
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Quick facts:

Number of lawyers: 60
Network memberships: Lex Mundi, Meritas
Languages: Arabic, English, French


With over a century of experience and since its establishment in 1912, the Firm has achieved a record of success and growth that today makes it the longest established firm and one of the leading firms in Egypt and the Middle East. With over 60 lawyers and counselors, including 12 partners, and a support staff of over 80 qualified professionals, including 15 paralegals, the Firm provides first-rate quality legal services to a broad base of multinational, regional and premium local clients through its offices all over Egypt.

  • M&A
  • Corporate Finance
  • Corporate Advisory
  • Incorporation Services
  • Banking 
  • Project Development and Finance
  • Debt Capital Markets
  • Dispute Resolution
  • Competition
  • Employment
  • Real Estate
  • Commercial
  • Intellectual Property
  • Trade
  • Construction
  • Aviation
  • Insurance
  • Tax

Mergers & Acquisitions

Aly El Shalakany: aly.shalakany@shalakany.com
Omar Sherif: omar.sherif@shalakany.com
Emad El Shalakany: ess@shalakany.com

  • Shalakany advised Dubai Holding as Egyptian counsel on the acquisition of a minority stake in Azadea Group Holding for over USD 1 billion.
  • Shalakany acted for United Energy Group Limited as Egyptian legal counsel in their acquisition of the entire share capital of Kuwait Energy PLC for over USD 650 million.
  • Shalakany recently acted for VEON in its mandatory tender offer for up to 43% of the shares of Global Telecom Holding for approximately USD 600 million, the largest mandatory tender offer in Egyptian history.
  • Shalakany assisted Engie E&P International in the sale of its Egyptian exploration and production business to Neptune Oil & Gas. The overall transaction was for USD 3.9 billion.
  • The firm acted as Sealed Air Corporation’s counsel in the sale of its Diversey Care division along with the food, hygiene and cleaning business within its Food Care division to Boston-based private equity firm, Bain Capital Private Equity, with a value of USD 3.2 billion.
  • The Firm acted for Global Telecom Holding, a member of the VimpelCom group, as the lead transactional counsel in its successful defense from the hostile takeover by Altimo for a value of over USD 3 billion.
  • The Firm acted for the Mansour Group in the potential sale of Metro supermarkets (the largest chain of supermarkets in Egypt) to Majid Al Futtaim Group.
  • The Firm represented Nestlé Switzerland on the acquisition of the business of ice cream of Nestlé Egypt by R&R as part of Nestlé’s global divestiture of its ice cream business with a global value of over EUR 3 billion.
  • The Firm acted for Zhenhua Oil in its acquisition of Vegas Oil for a value of over USD 700 million.
  • The Firm advised GTH with regard to the sale by GTH of a 51% interest in Orascom Telecom Algérie SpA to the Fonds National d’Investissement, the Algerian National Investment Fund, for a purchase consideration of USD 2.6 billion.
  • Shalakany acted for GEMS Education and their joint venture with EFG Hermes as Egyptian counsel in their acquisition of 4 schools in Egypt for over EGP 1 billion

Banking & project finance

Mariam Fahmy: mariam.fateen@shalakany.com
Aly El Shalakany: aly.shalakany@shalakany.com
Omar Sherif: omar.sherif@shalakany.com

  • We acted on behalf of JBIC, NEXI and a consortium of commercial lenders as lenders’ local counsel in relation to the first BOO wind farm power project in Egypt, located in the Gulf of Suez area, to develop, build, finance and operate a 250 MW wind farm project, which successfully achieved financial close in December 2017.
  • We acted on behalf of IFC, EBRD and OPIC as lenders’ local counsel in relation to the second BOO wind farm power project in Egypt, located in the Gulf of Suez area, to develop, build, finance and operate a 250 MW wind farm project, which successfully achieved financial close in August 2019.
  • The Firm represented the Egyptian Electricity Holding Company in the Ayoun Moussa 2 x 660 MW coal-fired power project, the first coal-fired project to be developed in Egypt.
  • The Firm represented Rosatom in the Dabaa nuclear power project, the first nuclear power project to be developed in Egypt.
  • The Firm represented the successful consortium in the construction of the first Metro Line Project in Egypt. As such, the Firm participated in the negotiation of all project documents and contracts.
  • Acted as legal counsel for SACE in relation to a USD 1.2 billion financing of the modernization and expansion of MIDOR Financing’s refinery situated in Alexandria, Egypt, one of the largest project finance transactions in the Middle East and North Africa.
  • Acted as the exclusive counsel to Arab Petroleum Pipelines Co. (SUMED) in a deal regarding a USD 300 million loan that was secured by SUMED to finance part of a project to store petroleum and natural gas in Ain Sokhna port. The loan was granted by the National Bank of Kuwait.
  • Acted for Majid Al Futtaim in connection with a 2.3 billion Egyptian Pounds syndicated facility to build a super-regional shopping mall in Egypt.
  • Acted as Egyptian legal advisers for both the Citibank International PLC, as lender and Unatrac Holding Limited, as borrower, in connection with a USD 700 million revolving credit facility and its amendment and restatement.
  • Acted for a syndicate of lenders in relation to a syndicated term loan facility to the National Bank of Egypt of up to USD 600 million.

Capital Markets

Aly El Shalakany: aly.shalakany@shalakany.com
Omar Sherif: omar.sherif@shalakany.com
Emad El Shalakany: ess@shalakany.com

  • Shalakany is acting for Al Ahly Capital, ECHEM, the IDA and the National Investment Bank as selling shareholders in a secondary public offer of Abu Qir for Fertilizers and Chemical Industries for over EGP 5 billion.
  • Shalakany recently acted for Global Telecom Holding with regards to a share-buy-back transaction and cancellation of their GDR program.
  • The Firm recently advised EBRD in respect of the Ibn Sina (a leading pharmaceutical products distributor and EBRD’s first equity investment in Egypt) capital increase public offering of EGP 2 billion.
  • The Firm recently acted for one of the largest global automobile manufacturers in advising and providing full transactional support for its capital increase of EGP 1.75 billion.
  • The Firm has previously acted for the underwriters in connection with a planned IPO for a large regional conglomerate (based in a GCC country) with substantive Egyptian operations.
  • The Firm recently acted as the Egyptian legal advisors for the dealers and the Trustee in connection with the update of the USD 5,000,000,000 Euro Medium Term Note Programme for the African Export-Import Bank as well as several issuances of notes under the Programme.
  • The Firm recently acted for Global Telecom Holding on the issuance of a corporate bond with a value of over USD 1 billion.
  • The firm is advising several leading international banks and drafting the local sections and reviewing the prospectuses for structures allowing such banks to issue offshore notes backed by Egyptian T-Bonds and T-Bills (which are, in some cases, listed on the Egyptian Stock Exchange).

Dispute Resolution

Adam El Shalakany: adam.elshalakany@shalakany.com
Muhammad Ussama: muhammad.ussama@shalakany.com

Litigation

Shalakany has the largest corporate litigation department in Egypt and handles the most corporate cases on an annual basis than any other firm in Egypt. Shalakany prides itself on its litigation portfolio management capabilities and the Firm’s selling point is that it is able to handle large portfolios of diverse cases for large corporate clients in a manner which is high in quality but also cost efficient. To this end Shalakany has in place internal systems which automate and distribute litigation cases across Egypt to ensure proper litigation services for the client.

Arbitration

Shalakany prides itself on being one of the first law firms in Egypt to develop specialized expertise in commercial arbitration by establishing a specialized Arbitration Group comprising a team of partners and senior associates. Since the early 1970s, the Firm has been involved in many of the major arbitration cases in Egypt. Early cases included the Pyramids Plateau arbitrations, the Cairo Metro arbitrations, the Ahmad Hamdy Suez Canal Tunnel arbitration and the Isna Barrage arbitration.

  • Agriculture
  • Automotive
  • Aviation
  • FMCG
  • Energy
  • Infrastructure and Utilities
  • Financial services
  • Food and beverage
  • Government and public policy
  • Healthcare
  • Industrials
  • Insurance
  • Investment management
  • Natural resources
  • Oil and gas
  • Pharmaceuticals
  • Real Estate
  • Hospitality
  • Tourism
  • Information Technology
  • Financial Technology
  • Telecommunication
  • Transport

Alexandria Office
10 Orabi Square, El Manshia, Raml, Alexandria, Egypt

T: + 203 4 849 998
F: + 203 4 815 908
E: alexandriaoffice@shalakany.com

Gouna Office

G-space ElGouna, Red sea, Egypt

T: +202 272 88 888 (32 Lines), T: +202 273 99 399 (32 Lines)
F: +202 273 70 661