Banking and finance in Egypt

Al Tamimi & Company

Al Tamimi & Company’s team handles a wide range of financial transactions and regulatory matters, with particular expertise in syndicated loans, project finance, M&A-related financing and fintech regulations. The team adeptly represents both borrowers and lenders and is well-versed in both conventional and Islamic transactions. Practice head Ali El Hawary, who joined the practice in February 2024, has a strong track record in complex project financing in the energy and infrastructure sectors.

Praxisleiter:

Ali El Hawary


Weitere Kernanwälte:

Dana Abduljaleel; Faisal Raad; Nour Gheith


Referenzen

‘Al Tamimi provides prompt responses.’

‘I worked with Dana Abduljaleel, Faisal Raad and Nour Gheith. They were able to respond very promptly, which was particularly helpful given the time difference and the urgency of that deal.

‘The team size is notable compared to other firms in Egypt.’

Helmy, Hamza & Partners (member firm of Baker & McKenzie International)

Helmy, Hamza & Partners (member firm of Baker & McKenzie International)’s team brings expertise across multiple areas, including project finance, restructuring, structured finance, trade finance, securitisation and regulatory compliance. Recently, the team advised the International Finance Corporation on an inaugural gender-focused investment from an Egyptian state-owned financial institution. The team is co-led by managing partners Mohamed Ghannam and Lamyaa Gadelhak. Ghannam is renowned for advising multinational corporations on high-value and precedent-setting transactions, while Gadelhak specializes in project financing and regulatory matters. Another key contact is Mohamed Elharmy, who is lauded for his ‘outstanding knowledge in the banking sector’ and is a go-to adviser on local and cross-border financing related to projects, real estate, acquisitions and assets.

Praxisleiter:

Mohamed Ghannam; Lamyaa Gadelhak


Weitere Kernanwälte:

Mohamed Elharmy


Referenzen

‘What makes the team different is the sense of ownership and the ability to figure out and handle any conflict smoothly.’ they are highly skilled and well-educated staff with ease of accessibility and prompt reply.’

‘Mohamed Elharmy is well-educated and extremely professional when it comes to industry knowledge and risk assessment and seeing potential future conflicts and ways to mitigate it in advance through proper handling of issues rather than skipping them. He is recommended as the first choice for all cases handled by my team.’

‘They have a diversified team with different areas of expertise, hence they always manage to respond to any queries raised after reverting internally to the relevant person. Also, they have a very reliable archiving system; which facilitates the accessibility of data especially for long lead project finance transactions.’

Kernmandanten

African Development Bank


African Export-Import Bank (Afrexim Bank)


Ahli United Bank (Uk) Plc


African Development Bank


Alex Bank S.A.E


Arab African International Bank (AAIB)


Arab Banking Corporation


Arab International Bank


Attijariwafa Bank


Bank Of America Merrill Lynch


Banque Du Caire


Banque Misr


Baraka For Trade & Investment


BLOM Bank SAL


Central Bank of Egypt


HSBC Bank


Hutchison Ports Europe Ltd


International Finance Corporation (IFC)


Marakez Delta For Real Estate Projects


MASHREQBANK PSC


MIDBank


MUFG Bank


National Bank Of Egypt


Orascom Development Egypt (ODE)


Rand Merchant Bank


Rawasy For Urban Development S.A.E


SAYACORP B.S.C


Scotiabank (Hong Kong) Limited


The Egyptian Ministry Of Finance


The Sovereign Fund of Egypt


Highlight-Mandate


  • Acted as lender’s counsel for International Finance Corporation (IFC) in respect of a $234 m facilities agreement with Banque Misr SAE, aimed at bolstering its lending capacity to qualified sub-borrowers.
  • Acted as lenders’ legal counsel to Giza Systems and VAS Integrated Solution, in connection with facilitating a dual-currency financing arrangement that included a tranche valued at $84m and an Egyptian Pound tranche worth EGP 2.82bn.
  • Acting for two lending groups out of four groups in connection with the complex restructuring of Ever Grow’s debt, including the refinancing and restructuring of 24 bilateral facilities, coupled with the provision of new working capital finance.

Matouk Bassiouny & Hennawy

Matouk Bassiouny & Hennawy’s team offers specialised finance services for its diverse client base of local and international corporations, as well as public sector entities. Key areas of expertise include project finance, securities, public sector contracts, fintech and navigating intricate regulatory frameworks. The practice is also adept at handling both conventional and Shariah-compliant financing structures. The practice is led by regional managing partner Mahmoud Bassiouny, who brings extensive experience in trade and project finance, with a particular focus on the energy and infrastructure sectors. Nadia Abdallah was promoted to partner in January 2025, while Ashraf Hendi departed the practice in August 2024 to join GLA & Company.

Praxisleiter:

Mahmoud Bassiouny


Weitere Kernanwälte:

Nadia Abdallah


Referenzen

‘Fantastic team. Deep bench and detailed knowledge of law and legal practice. Very commercial approach.’

Kernmandanten

Hassan Allam Group


International Finance Corporation


Banque Saudi Fransi


HSBC Corporate Trustee Company (UK) Limited


TSFE (Egypt Sovereign Wealth Fund)


Commercial Bank of Dubai PSC


Credit Suisse AG


UBS Switzerland AG


Zurcher Kantonalbank


Commercial International Bank


National Bank of Egypt


Arab African International Bank


Export Development Bank


United Bank


Banque Misr


Abu Dhabi Commercial Bank


Al Baraka Bank


Euorgate


Abu Dhabi Ports


MHR & Partners in association with White & Case LLP

MHR & Partners in association with White & Case LLP represents leading Egyptian and international corporations, financial institutions and government bodies, excelling in innovative and complex financing transactions. The team is particularly renowned for supporting Egyptian companies in their overseas investments and providing strong expertise in project financing. The practice is spearheaded by a trio of specialists: Sherief Rashed, a recognised authority on structuring Islamic financing transactions; Ziad Gadalla, a specialist in project financing in the energy, mining and infrastructure sectors; and London-based Philip Stopford, who typically acts for sponsors on large-scale project financing deals.

Praxisleiter:

Sherief Rashed; Ziad Gadalla; Phillip Stopford


Referenzen

‘Ziad Gadalla is knowledgeable about our business and practice. He gives the right advice and insights. He has the right level of experience and understanding of our business which adds more weight to his advice.’

‘The team is diverse and great.’

‘The Firm is up to date on current banking and finance developments and has a practical approach to banking and finance documentation. Clients have free access to their knowledge bank and benefit from their customer-centric approach.’

Zaki Hashem, Attorneys at Law

Supported by the firm’s strong corporate, capital markets and litigation expertise, Zaki Hashem, Attorneys at Law’s banking and finance team offers the full gamut of services. Along with project finance, the team is particularly adept in the capital markets, excelling in bonds and securitisations, initial public offerings, fund establishments and capital increases. Ragia Omran spearheads the team’s international finance activities, advising local and international banks and borrowers on complex financing structures. Helal El Hossary leads on capital markets and corporate procedures, with debt capital markets and securitisations forming the bedrock of his practice. The team is further strengthened by the corporate acumen of Sara Abdel Gabbar and Soha El Ezaby.

Praxisleiter:

Helal El Hossary; Ragia Omran


Weitere Kernanwälte:

Sara Abdel Gabbar; Soha El Ezaby


Referenzen

‘They have digitised all financial operations, ensuring prompt responses to routine inquiries from clients and addressing any proposed modifications requested by them.’

‘Their employees are competent and they provide detailed counsel with extra points and a wide range of choices according to their experience.’

Kernmandanten

Abu Dhabi Islamic Bank – Egypt (ADIB)


Accelero Capital and Planet Investment


Actis LLP


AIG Egypt Insurance Company


Alexandria Container and Cargo Handling Company SAE


Al-Ezz Steel


Alubaf Arab International Bank B.S.C.


Amer Group of Companies


Arab Bank


Arab Company for Asset Management and Development


Arafa Group of Companies


Attijariwafa Bank Egypt


Banca IMI S.p.A. UK


Beltone Capital


BPE Holding


Citigroup Global Markets Limited


Commercial International Bank Egypt (CIB Egypt)


Commercial International Investment Company (CIIC)


Consulya for Renting Administrative Units SAE


Corplease


Deutsche Bank


Dunia Finance L.L.C.


Eagle Chemicals


eFinance SAE


EFG Hermes


Egypt Factors SAE


Egypt Foods SAE


Egyptian Gulf Bank SAE


Engineering for the Petroleum & Process Industries (Enppi)


European University in Egypt “EUE”


Fawry for Banking Technology and Electronic Payments SAE


First Abu Dhabi Bank PJSC UAE


Ghabbour Group of Companies


Global Ventures


Gold Net


Hang Seng Bank Limited (HASE)


Hikma Pharma Egypt SAE


Holding Company for Investment & Development


Housing and Development Bank


HSBC Bank plc


International Finance Corporation (IFC)


J.P. Morgan Securities Plc UK


Juhayna


Madinet Nasr for Housing and Development (MNHD)


Mashreq Bank


Middle East Turnaround Investment (Haykala)


Misr Cement Company (QENA)


MM Holding for Paper and Packaging


Modern Nile Cotton


Morgan Stanley & Co. International plc UK


National Bank of Abu Dhabi PJSC


National Bank of Egypt


National Investment Bank


Natixis France


NI Capital Holding Company for Financial Investments


Novo Nordisk Egypt Pharmaceutical


Pachin


Palm Hills for Development


Project Agora


PV Hardware Solutions S.L.U


Qatar Islamic Bank (QIB)


Qatar National Bank (QNB)


Raya Holding for Financial Investment


Sanofi Egypt


Shahry for Consumer Finance SAE


Société de Promotion et de Participation pour la Coopération Economique (PROPARCO)


Speed Medical SAE


SP Legal Consultants


Standard Chartered Bank UAE|Recommended by Norton Rose – London back in 2021


Talaat Mostafa Group of Companies


TBE Egypt for Solution and Payment Services SAE


The Industrial Fund for Developing Countries (IFU)


Vitas Egypt for Microfinance


Vodafone Egypt Telecommunications


Wadi Group


Zolo


Highlight-Mandate


  • Acting as Egyptian counsel to the arrangers of the establishment of a $5bn trust certificate issuance programme by the Egyptian Financial Company for Sovereign Taskeek and the inaugural issuance of $1.5bn.
  • Advising Aman Financial Services SAE and Aman Consumer Finance SAE on the securitisation bond issuance of EGP1.147bn, and advising Aman ConsumerFinance SAE on the securitization bond issuance of a total value of EGP1.04bn.
  • Advising Evergrow Specialized Fertilizers SAE on the restructuring of $402m creditfacility, including an Islamic finance tranche.

Zulficar & Partners Law Firm

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.

Praxisleiter:

Mona Zulficar; Ashraf Ihab


Weitere Kernanwälte:

Dania El Samad; Tamima Yehia


Kernmandanten

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


Audi Bank


Beltone| Financial


Cairo Investment for Real Estate Development


Capital Med


Central Bank of Egypt


Citib|ank


Commercial International Bank


Credit Agricole Egypt


EFG Hermes


Egyptian Electricity Holding Company (EEHC)


Egyptian Electricity Transmission Company (EETC)


Egyptian Gulf Bank S.A.E


Egyptian Mud Engineering & Chemicals Co.


Egyptian |Methanex| Methanol Company, SAE


FAB


Fawry


Ghabbour Auto


GB Capital


HSBC


International Finance Corporation


MUFG Securities EMEA plc.


National Bank of Egypt


National Bank of Kuwait


National Automotive Company


Powertek| (Formerly |Tanjong|)


Qalaa Holding


SCATEC| Egypt


Shelf Drilling


Sky Finance


Societe Generale Bank


Standard Bank of South Africa


Suez Canal Bank


The Bank of New York Mellon


The Bank of Tokyo-Mitsubishi


The European Bank for Reconstruction & Development


The United Bank


Highlight-Mandate


  • 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.

ADSERO-Ragy Soliman & Partners

ADSERO-Ragy Soliman & Partners’ team is recognised for its ‘prompt, thoughtful and effective solutions’ across a broad spectrum of banking and finance transactions. Key areas of expertise include sovereign debt, bond and Sukuk issuances, fintech, debt capital markets, and project finance. Practice head Hossam Gramon is a leading expert in public and private bonds and Islamic finance. Under his leadership, the team regularly advises major financial syndicates as well as international commercial and investment banks. The practice is further bolstered by Karima Seyam, who brings additional strength in debt capital markets.

Praxisleiter:

Hossam Gramon


Weitere Kernanwälte:

Karima Seyam


Referenzen

‘We are working with Hossam Gramon’s team on a banking project. They have a deep understanding of complex financing structures and problem-solving skills.’

‘The team’s ability to provide prompt, thoughtful, and effective solutions has been instrumental in driving our project forward smoothly. Their unwavering dedication to delivering high-quality legal guidance, coupled with their proactive approach to addressing our needs, has truly set them apart.’

Highlight-Mandate


  • Acted as Egyptian Local Counsel to Telecom Egypt on a $200m loan, extended by Banque Misr UAE.

Al Kamel Law Firm

Al Kamel Law Firm’s established team typically acts as local counsel to large international financial institutions on major finance transactions. The team’s diverse caseload includes project finance, real estate finance, loan transactions and facilities, as well as securities packages. Heading up the team are Mohamed Kamel, who advises prominent clients on complex financing arrangements, and Rasheed Kamel, who specialises in securitisation, project finance and acquisition finance. Shahira Khaled stands out for her expertise in fundraising and acquisition financing.

Praxisleiter:

Mohamed Kamel; Rasheed Kamel


Weitere Kernanwälte:

Shahira Khaled


Referenzen

‘As a client, we had access to the senior partners managing the deals and provided excellent insight and service. They have a strong understanding of the local market and solid structuring and execution capabilities.’

‘The team is easy to deal with and has strong legal and execution capabilities. They are very innovative when it comes to structures and can identify and mitigate risks well.’

‘The firm is a local, independent, family-run firm that offers top-quality local law advice. They know the market. The practice is focused and discerning and applies individual partner attention to matters for top-quality international clients. ’

Highlight-Mandate


Dentons Egypt LLC

Dentons Egypt LLC‘s team specialises in multi-jurisdictional corporate and trade finance transactions, often working with leading multinational financial institutions. The team shines on matters involving syndicated loans, derivatives and intricate regulatory work. Leading the team are Frédérique Léger, who spearheads the team’s asset and trade financing matters, and Ahmed Kamal, who brings diverse expertise in private, government and corporate investment. The practice is further strengthened by Michael Lacey, who offers expertise in international construction projects, with a niche focus on privatisations.

Praxisleiter:

Frédérique Leger; Ahmed Kamal


Weitere Kernanwälte:

Michael Lacey


Kernmandanten

Mizuho Bank Ltd.


Standard Chartered Bank (SCB)


ADCB Egypt MOT


MUFG Bank Ltd


First Abu Dhabi Bank (PJSC)


Abu Dhabi Commercial Bank PJSC


Emirates NBD Capital Limited


European Bank for Reconstruction and Development (EBRD)


Sinopec Century Bright Capital Investment (Middle East) Ltd


Highlight-Mandate


  • Advising Mizuho Bank Ltd on an $250m unsecured, syndicated bilateral term loan facility for African Export-Import Bank, the pan-African multilateral trade finance institution, for potential future sell-down in the secondary market and potential increment.
  • Advising the Hong Kong subsidiary of the British multinational bank Standard Chartered Bank on a $500m unsecured, syndicated bilateral term loan facility for African Export-Import Bank, the pan-African multilateral trade finance institution, for potential future sell down in the secondary market.
  • Assisting and advising Industrial and Commercial Bank of China, a state-owned Chinese multinational bank on a $500m unsecured, syndicated bridge loan facility for African Export-Import Bank, the pan-African multilateral trade finance institution, for potential future sell down in the secondary market.

Shahid Law Firm

Shahid Law Firm is highly proficient across core banking matters, including but not limited to asset finance, project finance, syndicated loans, bank guarantees and credit facilities. The team has also developed a niche focus in aircraft financing, acting for both borrowers and lenders. Practice head Girgis Abd El-Shahid advises on complex domestic and cross-border mandates and is renowned for his project financing expertise. Another name to note is Nadine Khalil, who exhibits skill in aviation and maritime project finance.

Praxisleiter:

Girgis Abd El-Shahid


Weitere Kernanwälte:

Nadine Khahil


Referenzen

‘The team provides availability and knowledge not only of the legal aspects of the deals but also of the issues to take into account when dealing with the Egyptian authorities.’

‘The main qualities of the individuals working with us are availability and the ability to provide answers which are easily understandable.’

Kernmandanten

Air Leisure


Arab Banking Corporation (ABC Bank)


Áridos Játiva S.L.


Banco de Sabadell, S.A.


Banque Misr SAE


Broseta Abogados


Caixabank, S.A.


Cementos La Union SA


China Development Bank


EDF Renouvelables


EgyptAir


Egyptian Ministry of Finance


El Nasr Automotive Manufacturing Co. (NASCO)


Globeleq Africa


Hybrid Capital Inc.


International Air Transport Association (IATA)


JP Morgan Chase Bank


Highlight-Mandate


  • Advising Talaat Moustafa Group (TMG) in acquiring a significant stake in a group of seven historic hotels in a transaction valued at more than $800m.
  • Advising Nokia on matters relating to international sanctions and the use of banking services.
  • Acting for a group of leading Spanish Banks in the cancellation and registration of a €20m pledge of shares owned in an Arabian Cement Company.

Shalakany Law Office

Shalakany Law Office acts as local counsel for international financial institutions and export credit agencies. The team boasts a strong track record in secured lending transactions, securitisations and project financing, particularly in the wind energy sector. Leading the team is Mariam Fahmy, who spearheads the team’s PPP and project finance work, and Mostafa El Zeky, who was elected to partnership in December 2023. Youssef Helmy departed the practice in July 2024 to join Shield Advocates Law Firm.

Praxisleiter:

Mariam Fahmy; Mostafa El Zeky


Referenzen

‘A firm with a well-deserved reputation.’

‘They provide strong reliable advice in corporate secured lending transactions.’

‘Good knowledge of the law and the industry and us as a client, detailed advice consistently provided promptly.’

Kernmandanten

Japan Bank for International Cooperation (JBIC)


The Commercial International Bank (CIB)


Standard Chartered Bank


Nippon Export and Investment Insurance (NEXI)


Sumitomo Mitsui Banking Corporation


The European Bank for Reconstruction and Development (EBRD)


Sumitomo Mitsui Banking Corporation


Société Générale S.A.


Goldman Sachs International


Bank of America


HSBC


Banque Misr UAE


The Export-Import Bank of China


Deutsche Bank


Highlight-Mandate


  • Acting as local counsel to Banque Misr UAE in relation to with loan amounting to $200m granted to Telecom Egypt S.A.E.

Sharkawy & Sarhan Law Firm

Praised for its ‘deep knowledge of the local market’, Sharkawy & Sarhan Law Firm handles a broad range of cross-border financing transactions, with a particular focus on projects spanning the infrastructure and energy sectors. The team is led by Ahmed Haggag, who regularly acts on complex financing transactions for major develoment finance institutions, export credit agencies and commercial banks.

Praxisleiter:

Ahmed Haggag


Weitere Kernanwälte:

Raghda el Qabbage


Referenzen

‘An excellent and responsive team that offers pragmatic solutions.’

‘Ahmed Haggag and Raghda ElQabbage are our primary contacts and deliver the service we need.’

‘They provide strong reliable advice in corporate secured lending transactions and project finance.

Kernmandanten

China Development Bank (CDB)


European Investment Bank


Giza Systems S.A.E


Vas Integrated Solutions S.A.E.


European Bank for Reconstruction and Development (EBRD).


International Finance Corporation (IFC)


Africa Finance Corporation “AFC”


Dreny & Partners Law Firm

Under the leadership of managing partner Motaz El-Dreny, Dreny & Partners Law Firm‘s financial services team specialises in debt capital markets, with a particular focus on issuances, securitisation and regulation. The team has a diverse portfolio of clients comprising multinational corporations and government entities.

Praxisleiter:

Motaz El Dreny


Kernmandanten

ValU Consumer Finance


New Urban Communities Authority


Tamweel Mortgage Finance


EFG Corp Solutions


B.TECH for Trade & Distribution


AUR Leasing and Factoring


Hermes Securities Brokerage Company


Drive Finance and Non-Banking Services


Al Ahly Tamkeen for Micro Finance


Egyptian Mortgage Refinance Company


Highlight-Mandate


  • Advised Valu Consumer Finance on several securitized bond issuances as part of their EGP 9 bn securitization program, supported by a receivable’s portfolio managed by EFG for securitisation.
  • Advised New Urban Communities Authority on ground-breaking EGP 15bn, followed by subsequent securitised bond issuance with an amount of EGP 15bn.
  • Advised One Finance’s first securitisation transaction for their portfolio comprised of auto loans, club membership fees and home fix loans, which comes as part of a wider 3-year multi-issuance program.

Rizkana & Partners

Rizkana & Partners has developed a niche focus in aviation financing and advises national and international clients on related restructurings, facility agreements and regulations. The team is led by managing partner Hazim Rizkana.

Praxisleiter:

Hazim Rizkana


Highlight-Mandate