Partner

Cairo

+20 2 2461 5520

Highly regarded

Arabic
English and French


Bar admissions:

Egypt

Jurisdictions:

Egypt

Practice areas:

Banking
Project finance

Industry sectors:

Energy
Oil and gas


Lamyaa Gadelhak is a Partner within the Cairo office of Baker McKenzie, her practice focuses on banking & finance, energy, mining, infrastructure, M&A, environmental markets and climate change. Lamyaa is a member of the Institute of Energy Law of the Center for American and International Law. She obtained her Maîtrise in Business Law (L.L.B) in 2004, in addition to a Master of International and European Business Law Degrees (L.L.M)  in 2007 both from Université Paris I – Panthéon Sorbonne and graduated from the Cairo University Faculty of Law in 2004. Lamyaa is fluent in English, Arabic and French.

Lamyaa was admitted to the Egyptian Bar of Association in 2005, with more than 13 years of experience she is now considered as an authority on Energy insights, she has contributed to various publications offering insight on renewable energy, emissions trading, climate change and carbon capture & storage. She was also a speaker in renewable energy and climate change panel related topics at industry conferences. 

Lamyaa is recognized over the years for her distinguished work in the areas of Banking and Finance and Energy, she was ranked various times as a leading lawyer by global directories throughout the years 2010-2019, Lamyaa manages a huge portfolio of clients from different jurisdictions which made her gain respect from a range of sources. Commentators from global directories describe her as "very smart" and "an amazing lawyer," noting her impressive capabilities as a negotiator and contract drafter, while others from IFLR 1000 describe her as "Technically very savvy, excellent negotiator, responsive.”

Lamyaa has participated in many award winning deals, notably Euromoney Trade Finance Journal’s “Deal of the Year” 2017 (BNP Paribas on the USD 469 million SACE (Italian export credit agency) covered buyer credit term loan facility to the Egyptian Electricity Holding Company) and PFI Magazine Global Multilateral Deal of the Year Award: Egypt Solar 2017 (advising various development consortia opposite International Finance Corporation (IFC) on five of IFC’s thirteen solar PV projects under Round 2 of the Egyptian Government’s Feed-in Tariff (FiT) programme), the Infrastructure & Project Finance Deal of the Year for Al Sharkya Sugar Manufacturing Company project (Islamic Finance News Award) 2015. Overall Deal of the Year Award and Oil & Gas Deal of the Year Award for Egyptian Refinery Company project (Infrastructure Journal Awards).

  • Acted for Marakez Delta S.A.E, one of the largest Real Estate investors in the Middle East, with respect to an EGP 641 million syndicated loan with Arab African International Bank (AAIB) and Banque Misr.
  • Acted for Rooya Holding Investments in connection with an EGP 3 billion loan jointly provided by the Arab African International Bank, the National Bank of Egypt, HSBC, the Arab Bank, SAIB, the Arab Investment Bank, Suez Canal Bank, the Egyptian Gulf Bank for the completion of  its real estate projects.
  • Acted for ACCIONA Energía (Spain), Swicorp (Saudi Arabia) and TBEA (China), on the USD 180 million project financing of three photovoltaic plants in Egypt. Located at Benban, the stations will have a total rated capacity of 150 MW. Global Multilateral Deal of the Year. PFI Awards 2017. 
  • Acted for Al Futtaim Commercial and Administrative Center, a large conglomerate operating in the United Arab Emirate, with respect to term facility to finance the settlement of outstanding amount under existing bank facilities and part of outstanding amount under shareholder facilities with the value of EGP 1,250,000,000.  
  • Acting as a sponsor counsel for ACWA Power in connection with three solar PV power plant projects under the second round of the feed-in tariff program. The three projects have a total capacity of 165.5 MW at a total investment value of USD 190 mn. 75% of the project cost is financed through a non-recourse project debt from European Bank for Reconstruction and Development and Industrial and Commercial Bank of China.
  • Represented Arab Petroleum Investments Corporation (APICORP) with respect to a Murabaha medium term guaranteed facility to Egyptian General Petroleum Corporation (EGPC), amounting to USD 100 million, providing the purchase price for certain petroleum commodities.
  • Represented Arab African International Bank, a leading Egyptian bank, with respect to a long term loan agreement, partially financing the purchase price of four private and international schools. 
  • Acting as local counsel to Carbon Holdings in relation to its $10 billion mega petrochemical complex by Tahrir Petrochemical Corporation  (an Egyptian company established by Carbon Holdings)  in the North West Gulf of Suez Special Economic Zone to be financed by the Export-Import Bank of the United States, the Export-Import Bank of Korea and the Korea Insurance Corporation.The deal is important as part of Egypt's master petrochemicals plan in which also EGPC is shareholder to develop its petrochemicals industry in higher value added products used in basic industries.
  • Acted on the acquisition of Shares in AlexFert owned to Carbon Holdings Limited (indirectly through International Financial Investments Company) to Egypt Kuwait Holding S.A.E. (indirectly through PSK Industrial Holdings Limited).
  • Acted as local counsel to Commerzbank AG (as documentation agent) and Standard Chartered Bank (as facility agent) in connection with USD 761 million and EUR 105 million syndicated term loan facilities agreement to African Export-Import Bank (Afreximbank) from a syndicate of banks.
  • Acted as local counsel to Standard Chartered Bank (as agent, mandated lead arranger and original lender) in connection with the amendment and extension of existing USD 75 million revolving credit facility agreement increasing total commitments to USD 100 million to African Export-Import Bank (Areximbank).
  • Acted as local counsel to the Standard Charted Bank (as original lender and mandated lead arranger) in connection with USD 100 million term loan facility to African Export-Import Bank (Afreximbank).
  • Acted as local counsel to Shinhan Bank (London Branch) in connection with a USD 160 million syndicated facility from Shinhan Bank, Keb Hana Bank London Branch, Keb Hana Bank Hong Kong Branch, Keb Hana Global Finance Limited, Woori Bank and Nonghyup Bank (as original lenders) to African Export-Import Bank (Afreximbank).
  • Acted as local counsel for Standard Chartered Bank (as original lender, mandated lead arranger and bookrunner and as facility agent) in connection with USD 200 million term loan facility to African Export-Import Bank (Afreximbank).
  • Acted as local counsel to the Standard Bank of South Africa Limited, Isle of Man Branch (as original lender, agent and mandated lead arranger) in connection with EUR 100 million term loan facility to African Export-Import Bank (Afreximbank).
  • Acted as local counsel to the Rand Merchant bank, a division of FirstRand limited (London branch) (as original lender) in connection with a USD 100 million term loan facility to African Export-Import Bank (Afreximbank).
  • Acted as a local counsel to Export-Import Bank of India (EXIM Bank) in connection with a USD 125 million term loan facility to African Export-Import Bank (Afreximbank).
  • Acted as local counsel for Standard Chartered Bank (as agent, mandated lead arranger and original lender) in connection with USD 300 million short term facility to African Export-Import Bank (Afreximbank).
  • Represented the lenders as local counsel for the financing of the Egyptian Refining Company Project in relation to a hydro-cracking complex in Egypt for the value of USD 3.5 billion (won Euromoney/Project Finance magazine African Downstream Oil & Gas Deal of the Year).
  • Represented Al Sharkeya Sugar Manufacturing Company as borrower counsel in connection with the  USD 372 million syndicated structured Islamic istin'a and ijara facility through senior and mezzanine arrangements and murabaha working capital facility (Winner of Islamic Finance News Award: Infrastructure & Project Finance Deal of the Year 2015).

  • Banking
  • Project development
  • Project finance
  • Trade finance

  • Banking
  • Energy
  • Natural resources
  • Oil and gas
  • Real estate

Admitted with the Egyptian Bar Association to practice in 2005

Member of the Institute for Energy Law of the Center for American and International Law.

  • Cairo University Faculty of Law in 2004
  • Maîtrise in Business Law from the University of Paris I – Panthéon Sorbonne
  • Master of International and European Business Law Degrees (L.L.M) from the University of Paris I – Panthéon, Sorbonne, 2007.