Dr. Ahmed Abdelgawad

Summary Profile

Dr. Ahmed Abdelgawad is a Partner at Matouk Bassiouny and he is a member of our Corporate and M&A team. He is also a Teacher at the Criminal Law Department of the Faculty of Law, Cairo University. Dr. Ahmed has obtained his PhD degree on “The General Theory for Capital Market Crimes” from Cairo University in 2015.

Practice Focus

Ahmed mainly specializes in M&A transactions including conducting due diligences, drafting and negotiating Share Purchase Agreements, Shareholders’ agreements and Escrow Agreements and the execution of said Agreements. Ahmed has recently been focusing on M&A in the FMCG, IT and Telecommunications sectors and has represented Danone in its successful acquisition of Halayeb Food and Rocket Internet in its successful acquisition of Otlob.

He has also worked on several major project finances and syndication whether with national or international banks and financial institutions. He is also well experienced in managing disputes and he participated in a number of arbitrations in Egypt as well as several major litigations.

Ahmed is currently advising one of the three mobile operators in Egypt in connection with their relations with the National Telecommunications Regulatory Authority and other Telecommunications companies operating in Egypt.

Representative Legal Matters

  • Gulf Capital: representations of the client, along with co-counsel Freshfields Bruckhaus Deringer, in connection with the acquisition of minority stake in Middle East Glass Manufacturing S.A.E. The transaction involved the launching of a mandatory public tender offer for the acquisition of up to 100% of the share capital of the company and undertaking capital increase.
  • Emirates National Bank of Dubai: representation of the client, along with co-counsel Freshfields Bruckhaus Deringer, in connection with the acquisition of 100% of the share capital of BNP Paribas Egypt SAE. Transaction value: USD 500 million.
  • Rocket Internet: representation of the client in connection with the acquisition of 100% of the share capital of Otlob for Restaurants Reservations. Transaction value: Confidential.
  • Abraaj: representation of the client in connection with the acquisition of 100% of the share capital of the Egyptian Contact Centers Company “ECCO”. Transaction value: Confidential.
  • Citadel Capital/Grandview Capital/ Watanya Printing: representation of the clients in relation to divestment of a minority stake to IFC through a right issue. The instructions included transaction structuring and revising and negotiating the transaction documentation. Transaction value: USD 10 Million.
  • The Sanmar Group: representation of the client in relation to a syndication led by State Bank of India, Bahrain Branch in an amount of USD 875 million.
  • Orascom Telecom Holding SAE: representation of the client in relation to its divestment of LinkDotNet. The instructions include transaction structuring, drafting transaction documentation and assisting in the negotiations thereof and the closing of the transaction. Transaction value: USD 130 million.
  • Hutchinson Ports Holding: representation of the client in relation to the acquisition of a majority stake in Alexandria International Container Terminal S.A.E. The instructions included transaction structuring, drafting transaction documentation and assisting in the negotiations thereof. Transaction value: confidential.
  • Momen Group: representation of the client, a major player in the food sector in Egypt and in the Middle East in connection with the restructuring of the group and the sale of a large minority stake to Actis Private Equity Fund. Transaction value: Confidential.
  • Suez Steel Company: representation of the client in relation to the syndication led by BNP Paribas SUISSE that provided Suez with USD based loan of 285,000,000.00 (Two hundred and eighty five million United States Dollars).
  • Suez Steel Company: representation of the client in relation to the syndication led by Arab African International Bank that provided Suez with an EGP based loan of EGP 3.5 billion.
  • Hutchinson Ports Holding: representation of the client in connection with the acquisition of a majority stake in Alexandria International Container Terminal S.A.E. The instructions included transaction structuring, drafting transaction documentation and assisting in the negotiations thereof. Transaction value: Confidential.
  • Saudi Egyptian Touristic Development Company: successfully represented the client in its capacity as hotel owner in two high profile arbitrations relating to two five-star hotel disputes (Cairo and Red Sea coast hotels) with respective hotel operators and government regulatory authorities.

Publications

  •  The General Theory for Capital Markets Crimes, PhD Thesis, Cairo University, 2015.
  • Equity capital markets in Egypt: regulatory overview, Practical Law, 2015.
  • Equity capital markets in Egypt: regulatory overview, Practical Law, 2016, under publication.

Partner

T + (202) 2795 4228

ahmed.abdelgawad @ matoukbassiouny.com

 Education

  • PhD, Cairo University School of Law “General Theory for Capital Markets Crimes” (2015)
  • Queen Mary, University of London: Visiting Researcher (2010 and 2011)
  • Faculty of Law, Cairo University: LL.B. (2005), Criminal Law Diploma (2006) and Private Law Diploma (2007)

Languages

  • Arabic
  • English