Zaki Hashem, Attorneys at Law

It is with much sadness that we pay tribute to HE Dr Nabil Elaraby, who passed away on 26 August 2024, a great man who had an unmatched and powerful impact on Egypt and the Arab World. We, at Zaki Hashem, Attorneys at Law, received the news of HE Dr Elaraby’s passing with a great amount of grief especially as he was a Senior Partner at the Firm from 1999 to 2001 and from 2006 to 2008, years in which he was considered a beacon of the Arbitration practice and an inspiring role model to all our lawyers, and lawyers in general. HE Dr Elaraby then went on to head the Board of Trustees at CRCICA, was appointed Minister of Foreign Affairs, and then was appointed Secretary General of the Arab League. Notably, HE Dr Elaraby was later elected as a Judge to the International Court of Justice. We extend our deepest and most sincere condolences to his family in this difficult time. May his beautiful soul rest in eternal peace, and may God grant his family the strength to endure this great loss.

We are pleased to announce that we have represented the CIB Egypt in its successful exit from its investment in Egypt Otsuka Pharmaceuticals through selling its equity stake to Otsuka Group.   Through this transaction, the Commercial International Bank (CIB), Egypt’s leading private-sector bank, has completed its planned exit from Egypt Otsuka Pharmaceuticals (EOP), a leading player in the pharmaceuticals industry in Egypt and a member of the Otsuka Group. Since CIB’s initial investment in EOP starting 2019, the Bank has “provided financial expertise and strategic guidance through active board involvement, enabling the company to achieve significant milestones and notable business growth on the local and regional fronts” – according to the related statement released by CIB. It is to be noted that Zaki Hashem, Attorneys at Law, had advised CIB in its acquisition of a 12% stake in EOP in 2019.   With Otsuka Group being present in the Egyptian market since 1977, Egypt Otsuka was established in 1992 as a manufacturer and distributor of intravenous infusions and therapeutic drugs in Egypt and the MENA region.   Our team of lawyers advising CIB was led by our Partner Nada EL EZABY and included Nour Ossama, Senior Associate, and Laila Elzoheiry, Junior Associate, with a scope of work that included amending and negotiating the Transaction’s Memorandum of Understanding, amending and negotiating the Share Purchase Agreement, and providing various legal advice to CIB on different topics.   We congratulate CIB and extended our appreciation to its team and to the team of Matouk Bassiouny & Hennawy that represented Otsuka Group.

 𝐙𝐚𝐤𝐢 𝐇𝐚𝐬𝐡𝐞𝐦, 𝐀𝐭𝐭𝐨𝐫𝐧𝐞𝐲𝐬 𝐚𝐭 𝐋𝐚𝐰, 𝐚𝐝𝐯𝐢𝐬𝐞𝐬 𝐀𝐧𝐭𝐢𝐩𝐨𝐥𝐥𝐮𝐭𝐢𝐨𝐧 𝐄𝐠𝐲𝐩𝐭 𝐒𝐀𝐄 𝐨𝐧 𝐭𝐡𝐞 𝐰𝐚𝐬𝐭𝐞 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 & 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭 𝐰𝐢𝐭𝐡 𝐒𝐂𝐙𝐨𝐧𝐞 𝐚𝐧𝐝 𝐌𝐚𝐫𝐢𝐧𝐞 𝐒𝐮𝐩𝐩𝐥𝐲 𝐚𝐧𝐝 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲. We are pleased to announce that we have advised Antipollution Egypt SAE on the waste management & services agreement signed with Suez Canal Economic Zone (SCZONE) and the Ministry of Transportation’s Egyptian Marine Supply and Contracting Company to provide waste management services at the northern entrance of the Suez Canal.    The signature of the Agreement marks a big step in the commencement of operations by which Antipollution Egypt shall undertake to collect, transport, process and safely dispose of ship-generated wastes and cargo residues, for all vessels passing through the Suez Canal. Marine Supply and Contracting Company — affiliated with the Ministry of Transport — will supervise and oversee contractors hired to collect waste from the passing ships under the supervision of Antipollution Egypt SAE.   Antipollution Egypt is a joint stock company that was formed as a partnership between the Suez Canal Authority (represented by two of its wholly-owned subsidiaries), Vasileiadis Group of Companies (V Group) (a privately owned corporation headquartered in Piraeus, Greece), and Eric Adam, Egyptian-Greek businessman. Antipollution was established with a mandate to introduce the service of solid and liquid waste collection as part of the logistical services provided to all vessels transiting through the Suez Canal.    Our team of lawyers advising V Group/Antipollution was led by our Partner, Hossam T. Hafez, and included Youssef E., Associate, and Youssef Hendy, Junior Associate. 

Verified Market Reports lists Zaki Hashem, Attorneys at Law, among the top companies in Banking, Financial Services, and Insurance. Our sincere appreciation to Verified Market Reports for its Banking, Financial Services, And Insurance Industry Analysis - 2030. And thank you InsightCraft Analytics, MarketSphere, Market Trend Research, and Workforce Whisperer for having shared the news!

𝐉𝐨𝐢𝐧 𝐭𝐡𝐞 𝐥𝐞𝐚𝐝𝐢𝐧𝐠 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐥𝐞𝐠𝐚𝐥 𝐭𝐞𝐚𝐦 𝐢𝐧 𝐄𝐠𝐲𝐩𝐭! Zaki Hashem, Attorneys at Law, a leading law firm with strong full-fledged business law practice, is seeking to recruit Associates/Senior Associates to join its team of exceptional Real Estate lawyers – headed by the Firm’s Senior Partner, Shaaban Gaballah. This is an outstanding opportunity to join our team-oriented office in Cairo, Egypt, and to gain unique on-hand experience in transactions for Egypt’s mega clients and market sector leaders – both local and international. Qualifications: • Minimum 5-7 years and upwards of experience in Real Estate matters (minimum 7 years of experience for the position of Senior Associate). • LLB in Law from an Egyptian university or its equivalent from an international university (equivalency obtained). • Excellent English proficiency – both written and spoken – is a must. • Master’s Degree is a plus. • Membership of the Egyptian Bar Association. • Strong research and writing skills. • Strong interpersonal skills, team-oriented personality, collaborative approach to work, and detail-oriented. Interested candidates are encouraged to send their resumes to: [email protected] as well as a 0.5 - 1 page short brief in English on their expectations for the development of the legal implication of existing laws on any area of your choice in the Real Estate arena.

𝗝𝗼𝗶𝗻 𝘁𝗵𝗲 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝗢𝗶𝗹 & 𝗚𝗮𝘀 𝘁𝗲𝗮𝗺 𝗶𝗻 𝗘𝗴𝘆𝗽𝘁! Zaki Hashem, Attorneys at Law, a leading law firm with strong full-fledged business law practice and the pioneer in the Oil & Gas sector in Egypt since 1953 is seeking to recruit Senior Associates to join its team of exceptional Oil & Gas lawyers – headed by the Firm’s Senior Partner, Mr. Sameh Khodeir. This is an outstanding opportunity to join our team-oriented office in Cairo, Egypt, and to gain unique on-hand experience in transactions for Egypt’s mega clients and market sector leaders – both local and international. Qualifications: • Minimum 10 years and upwards of experience in Oil & Gas matters. • LLB in Law from an Egyptian university or its equivalent from an international university (equivalency obtained). • Admitted to the Court of Appeal. • Excellent English and Arabic proficiency – both written and spoken – is a must. • Experience in upstream Oil & Gas transactions (drafting, negotiating, and finalizing concession agreements; legal support to sub/contractors including EPC and O&M; understanding of special laws/regulations governing upstream and downstream activities, etc.). • Experience in Oil & Gas arbitrations is a plus. • Master’s Degree is a plus. • Membership of the Egyptian Bar Association. • Strong research and writing skills. • Strong interpersonal skills, collaborative approach to work, detail-oriented, and self-motivated. Interested candidates are encouraged to send their resumes before 30 June 2024 to: [email protected] with the subject line “Oil & Gas – (insert your name)” as well as a 0.5 - 1 page short brief in English about their expectations for the development of the legal implication of existing laws on any area of your choice in the Oil & Gas legislation arena. 

𝗭𝗮𝗸𝗶 𝗛𝗮𝘀𝗵𝗲𝗺'𝘀 𝗿𝗮𝗻𝗸𝗶𝗻𝗴 𝗯𝘆 𝗜𝗙𝗟𝗥𝟭𝟬𝟬𝟬 (𝟮𝟬𝟮𝟰) : 𝗧𝗼𝗽 𝗧𝗶𝗲𝗿 𝗙𝗶𝗿𝗺 𝗮𝗻𝗱 𝗟𝗮𝘄𝘆𝗲𝗿𝘀 It is with great pleasure that we announce that IFLR1000 ranked Zaki Hashem, Attorneys at Law, as 𝗧𝗶𝗲𝗿 𝟭 𝗙𝗶𝗿𝗺 in Banking, M&A, Capital Markets (Debt), and Projects. And it is with great pride that we received IFLR1000's ranking of our lawyers: • Sameh Khodeir (Highly Regarded Lawyer) • Yasser Hashem (Market Leader) • Sameh Kamal (Highly Regarded Lawyer) • Nada EL EZABY (Highly Regarded Lawyer) • Helal El HOSSARY (Highly Regarded Lawyer) • Achraf Chazly (Highly Regarded Lawyer) • Ragia Omran (ranked in "Women Leader" & Highly Regarded Lawyer) • Arig Ali (Highly Regarded Lawyer) • Heba El Naggar (Highly Regarded Lawyer) • Omar Fouda (Rising Star Lawyer) Additionally, our Partner Hossam T. Hafez was commended by our clients to IFLR1000 as having ““Great attitude, negotiating skills, knowledgeable and calm attitude during stressful times”. And about our Senior Associate Khalid Al Melegi: “He provided good advice”. Congratulations to all!

𝗭𝗮𝗸𝗶 𝗛𝗮𝘀𝗵𝗲𝗺 𝗮𝗱𝘃𝗶𝘀𝗲𝘀 𝗔𝗺𝗮𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗘𝗚𝗣 𝟭.𝟬𝟰 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝘇𝗮𝘁𝗶𝗼𝗻 We are pleased to announce the closure of a significant securitization issuance by Aman for Consumer Finance SAE with a remarkable amount of EGP 1,040,000,000 (One Billion and Forty Million Egyptian Pounds). This transaction is considered as the fourth issuance of the first multiple-issuances program of Aman Securitization slated for EGP 5 billion. This fourth issuance of the program has been issued in four tranches secured and collateralized by consumer finance loans originating from Aman Consumer Finance (Originating Entity). 𝗧𝗵𝗶𝘀 𝗶𝘀𝘀𝘂𝗮𝗻𝗰𝗲 𝗶𝘀 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗲𝗱 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗘𝗴𝘆𝗽𝘁𝗶𝗮𝗻 𝗺𝗮𝗿𝗸𝗲𝘁 𝘁𝗼 𝗮𝘀𝘀𝗶𝗴𝗻 𝗽𝘂𝗿𝗰𝗵𝗮𝘀𝗲𝘀 𝗮𝗹𝗼𝗻𝗴 𝘄𝗶𝘁𝗵 𝗿𝗲𝗹𝗮𝘁𝗲𝗱 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 𝗮𝗹𝗿𝗲𝗮𝗱𝘆 𝗱𝗲𝗽𝗼𝘀𝗶𝘁𝗲𝗱 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗖𝘂𝘀𝘁𝗼𝗱𝗶𝗮𝗻 𝗶𝗻 𝗽𝗿𝗲𝘃𝗶𝗼𝘂𝘀 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀 (𝗶𝗻 𝘁𝗵𝗶𝘀 𝗰𝗮𝘀𝗲, 𝘁𝗵𝗲 𝘁𝗵𝗶𝗿𝗱 𝗶𝘀𝘀𝘂𝗮𝗻𝗰𝗲). The innovation in the Transaction lies in the fact that the securitization portfolio includes contracts - within the documents of the third issuance – and that such contracts have been deposited with the custodian representing 19% of the size of the fourth issuance portfolio while the remaining contracts were deposited within the 4th issuance as well. Our team of lawyers was led by Helal El HOSSARY, Partner and Head of Capital Markets & Corporate Procedures, and included Mohamed Saeed, Senior Associate, and Farida Fayez, Junior Associate. Our Partner Sara Abdel Gabbar undertook the transaction’s due diligence. Congratulations to our client Aman for Consumer Finance and its amazing team. Our appreciation is also extended to CI Capital Holding, the sole lead-arranger and underwriter of the issuance, and to National Bank of Egypt (NBE), the custodian of the issuance, for their support in the execution of the securitization.

We are delighted to share that our Managing Partner Yasser Hashem features today in EnterpriseAM's "My Morning Routine". A heartfelt thank you to The Enterprise Company and its team for this engaging and insightful interview! https://lnkd.in/dQeHSDUe