Author: Heba Fouad

Alliance Law Firm (ALF) is honored to represent Bidayat, a company of Alsara Investment Group in acquiring a stake in the Egyptian luxury fashion brand Okhtein. Alliance Law Firm acted as the legal counsel, while Okhtein was represented by MHR in association with White&Case. Bidayat’s fashion industry know-how will boost...

Alliance Law Firm (ALF) is honored to represent the whole Cement Industry in Egypt, in obtaining the remarkable and precedential exemption decision from the prohibition of the Egyptian Competition Law. The Egyptian Competition Authority (ECA) has issued the decision no 56 of 2021 to approve the exemption allowing 23 Cement...

Alliance Law Firm (ALF) is honored to represent Alsara Investment Group in acquiring a majority stake in the Italian luxury fashion outerwear brand Khrisjoy. Alliance Law Firm acted as the leading legal counsel along with the Italian co-counsel Gianni & Origoni. This transaction will help Khrisjoy to expand its global...

Misr Capital S.A.E. (Misr Capital), the investment arm of Banque Misr, and Elevate Private Equity, announced today the launch of a USD 380 million healthcare investment platform, “Nile Misr Scan & Labs”. Elevate Private Equity has built a strong track record of achieving 38% CAGR over the past four years...

We would like to congratulate DR Ashraf Abou Elkheir for his recent appointment as Vice Chairman of the Board of Directors of the french luxury fashion house Balmain SA. DR Ashraf Abou Elkheir is the founding and managing partner at Alliance Law Firm.

Alliance Law Firm is honored to have represented our client, Dr. Eng. Adel Fahim, the Vice President and Executive Assistant of the International Federation of Bodybuilding and Fitness (IFBB), the President of the African Federation of Bodybuilding, the Arab Federation of Bodybuilding (AFBB) and the Egyptian Federation of Bodybuilding (EFBB),...

Vodafone Egypt and Ebtikar have signed a memorandum of understanding to purchase a stake in Ebtikar’s subsidiaries Bee and Masary digital financial services. Subject to the completion of due diligence, Vodafone Egypt plans to increase the capital of both Bee and Masary with a 20% stake in both companies. Alliance...

Alliance Law Firm was pleased to represent Alturki Holding for the sale of 100% of their interest in the electronics retail Itisalat International (i2) and United Retail Company (URC) to Raya Distribution, a subsidiary of Raya Holding. Source: Alturki Holding Linkedin Profile

We are proud to have advised Benya in their expansion in the Democratic Republic of Congo. Benya will cooperate with DRC’s Ministry of Posts, Telecommunications and New Information and Communication Technologies in developing the country’s communication infrastructure and establish a natural Fiber Optics Network. Source: Daily News Egypt

Dr. Omran, chairman of the FRA stated that the amendments issued contribute to the availability of financing SMEs, which represent more than 70% of the structure of the Egyptian economy. He also stated that 3.11 million projects benefited from microfinance activity and pave the way in attracting a variety of...