Salma El Refaie
Salma El Refaie
Counsel
Salma is a Counsel at Matouk Bassiouny & Hennawy and a member of the Corporate and M&A department since 2018. Salma has worked on multiple matters in relation to M&A transactions, corporate governance, establishment of Egyptian companies, providing various clients with day-to-day legal advice, drafting legal opinions from an Egyptian law standpoint, drafting, and reviewing contracts tailored to the needs and requests of each client.
On another note, Salma has worked on two potential transactions related to capital markets and the potential listing of companies (Initial Public Offering) on the Egyptian Exchange.
Practice Focus
Salma’s practice currently focuses on M&A transactions and general corporate commercial matters, especially due diligence exercises and transaction documents, day-to-day corporate secretarial work, in connection with companies in various sectors (fertilizers and chemicals, healthcare, information technology, food sector, education, etc.).
Selected Recent Experience
- Representation of Triquera B.V, the majority shareholder of Minapharm Pharmaceuticals, in connection with the subscription of a minority stake by Admaius Capital Partners, an Africa-focused private equity investor. (Transaction Value: Confidential – Closed 25 July 2025).
- Representation of Lorax Capital Partners, a leading private equity fund, in its strategic investment in MDP, a Cairo-based payments technology infrastructure group in the Middle East and Africa. (Transaction Value: Confidential – Closed 4 May 2025).
- Representation of Noatum Maritime S.L.U – a leading multinational group in transport and logistics services, and an Abu Dhabi Ports PJSC Group company – in connection with its acquisition of a majority stake in Safina International B.V. (Transaction Value: Confidential – Closed 30 September 2024).
- Representation of Mitsui & Co., Ltd., a global leading trading, and investment group in its investment in Wadi Poultry S.A.E. and related subsidiaries, a leading group in Egyptian agribusiness. (Transaction Value: Confidential – Closed March 2024).
- Representation of Admaius Capital Partners – an experienced African-focused private equity fund operating across several growth markets – in connection with its acquisition of a significant minority stake in Parkville Holding B.V. and its subsidiaries: Parkville Pharmaceuticals Egypt Limited, and Integrated Cosmetics Industries, which are leading healthcare and cosmeceuticals companies in Egypt. (Transaction Value: Confidential – Closed November 2023).
- Representation of Abu Dhabi Ports PJSC in the acquisition of 70% equity stake in stake in International Associated Cargo Carrier B.V., which wholly owns two Egypt-based maritime companies, Transmar International Shipping Company and Transcargo International S.A.E with a value of USD 140,000,000 (one hundred forty million United States Dollars). This transaction is the first international acquisition realized by AD Ports Group. The scope of work included, legal due diligence over the two Egyptian entities, drafting and negotiation of the transaction documents and finalizing the pre-closing and closing arrangements. (Closed September 2022).
- Representation of Kora Investment Fund LP as local counsel with respect to its investment, among other global investors, in the largest Fintech Series B round in Egypt of USD 50,000,000 (fifty million United States Dollars) in Paymob, a leading MENA and Africa-focused infrastructure technology enabler providing payment solutions to empower digital financial service providers. The scope of work included a legal due diligence over the target Egyptian entities and reviewing the transaction documents from an Egyptian law perspective. (Closed in May 2022).
- Representation of T-Base Communications LP as local counsel in the acquisition of Netcentric Egypt LLC, a leading information technology company in Egypt (transaction internationally led by McCarthy Tétrault LLP and Sidley Austin LLP). The scope of work included legal due diligence over the target company, reviewing 2 the transaction documentation and preparing the required corporate resolutions to close the transaction. (Closed January 2022) (transaction value: confidential).
- Representation of Dedalus Italia S.p.A in the acquisition of the assets of DXC Technology Egypt S.A.E directly by D H Healthcare Provider Software Egypt LLC. The scope of work included the incorporation of D H Healthcare Provider Software Egypt LLC, drafting the corporate resolutions approving the sale of assets, drafting the corporate resolution approving a capital increase and advising on all aspects related to the transaction from an Egyptian law perspective. (Closed March 2021) (transaction value: confidential).
- Representation of ADNOC (Abu Dhabi National Oil Company) in its joint venture with the fertilizer arm of OCI N.V, with a value of around USD 5,000,000,000 (Five Billion US Dollars). The scope of work included legal due diligence over the OCI companies, as well as advising on all aspects related to Egyptian laws, and reviewing the transaction documentation from an Egyptian law perspective (Closed in September 2019).
- Representation of Match Group as local counsel in the acquisition of Harmonica for IT S.A.E, an online dating application (transaction internationally led by Latham and Watkins LLP) (Closed in June 2019).
- Acting as local counsel for Match Group and its day-to-day corporate work through Harmonica for IT S.A.E.
- Undertaking day-to-day corporate and commercial work for clients in various industries and sectors.
Education
Cairo University, School of Law, English Section: LL.B.
2019
American University in Cairo: Bachelor of Arts in Economics
2017