Matouk Bassiouny & Hennawy has acted as Egyptian legal counsel to Vitabiotics Group Holdings Limited in connection with the sale of Vitabiotics, the U.K.’s No.1 vitamin company* with a presence across more than 70 markets, including its UK operations and the wider VB Group (including Meyer Organics in India, and...
Matouk Bassiouny & Hennawy has advised Turin Egypt and its investors (SPE Capital-managed fund SPE PEF III, the European Bank for Reconstruction and Development, Tanmiya Capital Ventures and British International Investment, the UK’s development finance institution) in connection with the sale of 100% of the share capital of Tamweely Financial...
Matouk Bassiouny & Hennawy has advised RMBV in connection with a USD 60 million convertible loan to HENA Holdings Ltd to finance its acquisition of a strategic stake in Integrated Diagnostics Holdings plc (IDH), a Jersey-incorporated company listed on the London Stock Exchange. The transaction represents a significant cross-border financing...
Matouk Bassiouny & Hennawy (MBH), acting as local Egyptian legal counsel to Emirates NBD P.J.S.C., advised on the acquisition, by its wholly owned Egyptian subsidiary, Emirates NBD Egypt S.A.E., of the retail banking business of HSBC Bank Egypt S.A.E.The transaction follows a competitive sale process conducted by HSBC, following which...
We are pleased to announce that Matouk Bassiouny has obtained judgment before the Dubai International Financial Centre (DIFC) Court of First Instance recovering more than AED 11 million for its client on an AED 5 million loan advanced in December 2014. Most notably, the DIFC Court confirmed two significant principles...
Matouk Bassiouny & Hennawy (“MBH”) has secured a landmark judgment dismissing, in its entirety, a medical liability claim exceeding EGP 200 million, brought against one of the leading medical institutions in the Kingdom of Saudi Arabia.The claim, brought before the Egyptian courts against the hospital and the treating physician, alleged...
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to MNT-Halan in connection with the successful first closing of an investment round led by Al Ahly Capital, the investment arm of the National Bank of Egypt (“NBE”), following the receipt of all required regulatory...
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Mr. Ayman Aouf, founder and CEO of Travel Aspect, in connection with obtaining the exclusive operational rights in Egypt from BRUSECO, a leading European mobility and chauffeur training and certification company.BRUSECO, represented by Mr....
We are pleased to share a remarkable achievement by Matouk Bassiouny & Hennawy’s arbitration team!Our team recently secured a favorable settlement for our client in connection with eight high-stakes commodity arbitration disputes under the auspices of the Federation of Oils, Seeds and Fats Associations (“FOSFA”).The disputes involved a range of...
Matouk Bassiouny & Hennawy is pleased to announce a significant arbitration victory before The Cairo Regional Centre for International Commercial Arbitration (CRCICA) in a dispute involving four major tourism and resort development projects on Egypt's Red Sea coast.Our client, a leading tourism developer, commenced arbitration proceedings before CRCICA after the...
