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Sarie-Eldin & Partners - Legal Advisors

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Founder and Managing Partner: Dr Hani Sarie-Eldin
Number of partners: 2
Number of lawyers: 15
Languages: Arabic, English, French

Firm Overview:
Sarie-Eldin & Partners was established by Dr. Hani Sarie-Eldin in 2007 to provide first rate effective legal services and advice. The firm specialises in business and commercial law, including capital markets, mergers and acquisitions, initial public offerings, banking, corporate finance, project finance, public private partnership projects, corporate restructuring, real estate development projects, and information technology. Moreover, the firm has strong arbitration and litigation departments which represent clients on major business and commercial disputes and also has a dedicated procedures and government relations department.

Main Areas of Practice:

Capital Markets, Mergers & Acquisitions:
■ Advising on the regulations governing the EGP 200 billion sovereign wealth fund established by the Egyptian government represented by Ministry of Planning
■ Advising on the incorporation of a joint venture between DP World and Suez Canal Economic Zone Authority with a value of USD 1 billion
■ Advising on the restructuring of Thomson Reuters operations in Egypt
■ Advising on the restructuring of Arabia Investments and Development
■ Advising on the purchase of the Omatra Group — the sole distributor of Fiat SpA and Iveco SpA products in the Middle East region — valued USD 134 million
■ Providing legal services for Orascom Development Holding A.G on its USD 120 million capital increase
■ Acting for Naeem Holding for Investments on the launch of its real estate fund EGP 500 million, the first fund of its type in Egypt
■ Advising on the restructuring of Prometeon Tyre Egypt Co
■ Advising the Aga Khan Foundation on the restructuring of its microfinance activities
■ Advising Union Capital on its sale of its shares in Sinai Cement
■ Advising Pirelli Group SPA in relation to restructuring its operations in Egypt
■ Advising Miraco Carrier on profit distribution issues
■ Advising Metlife Alico in relation to changes in capital structure
■ Advising HC Securities and Investments on the acquisition of 60% of the share capital of Economic Group Company for Brokerage S.A.E
■ Offering legal services in respect to Egypt’s EFG Hermes on its USD 250 million asset sale to Qatari Q Invest

Banking & Finance:
■ Acting as a legal counsel to National Bank of Egypt (NBE) and other leading banks in a syndicated facility of up to EGP 2.4 billion granted to International Oil Multi Seeds Extraction Company (OILEX)
■ Acting as a legal counsel to Banque Misr and other lenders, in relation to Islamic Murabha finance of up to EGP 1.5 billion to Industrial Investment Company S.A.E
■ Acting as a legal counsel to Etisalat Misr in relation to a syndicated facility of up to EGP 6 billion
■ Acting as a legal counsel Etisalat Misr in relation to a facility of up to $300 million
■ Acting as a legal counsel ADIB Capital, Banque Misr, and other banks in relation to Islamic Musharkah facility of up to EGP 900 million to Al-Marasem International for Development Company
■ Acting as a local legal advisor for Pirelli Industrial in relation to senior facilities of up to EUR 600 million
■ Acting as a legal counsel to Banque Misr and other lenders, in relation to a syndicated facility of up to USD 42.86 million and EGP 64.125 million to Scatec Solar ASA
■ Acting as a legal counsel to Commercial International Bank, in relation to a facility of up to EGP 1 billion to Madinet Nasr for Housing and Development
■ Representing National Bank of Egypt, Misr Iran Bank and other lenders in relation to the EGP 510 million facility to El Markaby Steel Company
■ Representing National Bank of Egypt (NBE) and Banque Misr in relation to a syndicated facility package up to EGP 3 billion to Majid Al Futtaim Properties Egypt (MAFP – Egypt) for the establishment of Mall of Egypt and the spin-off of the project in a new company
■ Representing Commercial International Bank CIB Banque Misr and other lenders in relation to the USD 328 million for Egypt Hydrocarbon Corporation S.A.E ‘EHC’ to fund part of the investment cost of the construction of an ammonium nitrate plant
■ Representing Ahli United Bank in relation to medium term loan agreement to Saudi Egyptian Touristic Development Co. to finance the existing facilities and the renovations of Hotel ‘Grand Hyatt’ Garden City
■ Representing Banque Misr, NBE, Banque du Cairo and other lenders in relation to a syndicated long-term loan facility agreement to El Nahda for Industries S.A.E to partially finance the investment cost of the establishment and operation of a cement company

Public Private Partnerships (PPP):
■ Acting as a legal advisor to the government (Ministry of Supply) in the feasibility study and tender process of the modernisation of the Commercial Register Project
■ Acting as a legal advisor to the government (Ministry of Transport) in the feasibility study and tender process of the dry port project

Governmental Consultancy:
■ Advising the government (Ministry of Transport) on the rail way sector reform
■ Advising the government (Ministry of Transport and Ministry of Housing) in the feasibility study and tender process of the Monorail Project
■ Advising the main development company at Suez Canal Economic Zone on the drafting of template contracts with customers within the zone

Arbitration:
In 2018, the firm handled four arbitration cases before the ICC and the CRCICA in different fields including construction, ports, communication with amounts exceeding USD 1.9 billion.

Infrastructure, Real Estate & Energy:
Assisting the Egyptian National Railways Authority in collaboration with the World Bank in setting the strategy for a comprehensive reform of the railway sector with the purpose of enhancing its operational and financial performance.

Trade & Services & Competition Law:
■ Providing legal services for Union for Leather Co. on the study conducted by the Egyptian Competition Authority in the leather market
■ Providing legal services for Cairo Poultry Company on the study conducted by the Egyptian Competition Authority in the poultry market
■ Advising Egypt Foods on internal and external legal matters including labour law, licenses and distributors’ contracts
■ Providing legal services to Universal Group in respect to the restructuring of the company

Litigation:
■ Represented a top investment company in an investigation where they were wrongly accused of receiving funds from the public for investments. The firm’s team handled the defence and attended investigations in the case. The case has successfully been dismissed by order of the General Prosecutor
■ Settled a dispute for a top agriculture and livestock company in respect to the sale of their shares amounting EGP 56.5 million to a dairy company
■ Represented a top automotive manufacturer in a dispute with Banque Misr and Banque du Caire, concerning a debt amounting EGP 200 million

Articles, Highlights and Press Releases

Total 9 Articles, Highlights and Press Releases

Dr. Hani interview with Law Today Magazine

Hani Sarie-Eldin

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Sarie Eldin & Partners is sponsoring Law Honors students from Egyptian Universities

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SEP represents the General Authority for Land and Dry Ports for the establishment of a dry port

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