Fintech & Payments
A well-rounded knowledge of the challenges of technological transformation
Technology, Media & Telecommunication
A well-rounded knowledge of the challenges of technological transformation
Our lawyers will use their strong communication and negotiation skills in addition to their enthusiasm and appetite for challenge to provide you with a level of understanding in both the Fintech & Technology sectors that is difficult to match.
We will assemble the best team with the most relevant expertise to meet your needs and we will bring in experts from different sectors on a needs basis to ensure that you receive the best advice at all times.
Many of our lawyers have been seconded to Tech giants which gives them an edge in appreciating the latest and ongoing changes in the sector.
The team is also supported by a dedicated unit of procedural lawyers, who have extensive experience with dealing with regulators, government relations and licensing practices.
Our lawyers will use their strong communication and negotiation skills in addition to their enthusiasm and appetite for challenge to provide you with a level of understanding in both the Fintech & Technology sectors that is difficult to match.
We will assemble the best team with the most relevant expertise to meet your needs and we will bring in experts from different sectors on a needs basis to ensure that you receive the best advice at all times.
Many of our lawyers have been seconded to Tech giants which gives them an edge in appreciating the latest and ongoing changes in the sector.
The team is also supported by a dedicated unit of procedural lawyers, who have extensive experience with dealing with regulators, government relations and licensing practices.
Featured Work
Mergers & Acquisitions
Softline Group LTD on the acquisition of 49% of Digitech for Information Technology SAE, including the drafting of transaction documents and advising on the transfer of shares process before the EGX.
Commercial
Jahez Company for Information System Technology on the Egyptian law aspects of acquiring the entire issued share capital of the Chefs Group.
Commercial
A leading regional payment services provider on the regulatory framework and requirements pertaining to its payments’ products, such as wallets and gift cards.
Data Privacy & Cyber Security
A leading regional payment services provider on the licensing requirements under Central Bank regulations pertaining to payment facilitation and aggregation.
Data Privacy & Cyber Security
A pioneering African “unicorn” start-up payment service provider in setting up appropriate local presence in Egypt and applying for Central Bank approvals and licenses pertaining to payments services, as well as preparing the application and necessary documentation for such approval.
Commercial
Importation of Telecommunication Devices
Advising a tech giant on the regulations applicable to the importation of telecommunication devices and equipment.
Commercial
Advising a leading international retail chain on the legal requirements of its new online gift card and the launch of a new e-platform to be managed by a third-party e-commerce services provider.
Commercial
Several of our clients on partnering with licensed Egyptian banks; introducing our clients to the relevant departments in such banks; and assisting them in concluding partnership agreements, merchant acquisition agreements, and various payment services agreements with the banks.
Commercial
Advising a leading regional payment service provider on the licensing requirements under the Central Bank regulations pertaining to payment facilitation and aggregation.
Commercial
Voice Over IP
Advising several multinational companies on the use of VOIP services to conduct in country and cross border communications as well as on the applicable limitations in this respect.
Featured Deals
Commercial
Jahez Company for Information System Technology
on the Egyptian law aspects of acquiring the entire issued share capital of the Chefs Group.
Commercial
Vodafone Egypt
on its pioneer initiative to achieve 100% of its electricity from renewable energy resources at all its site across Egypt. Vodafone Egypt was the first telecom company to sign a memorandum of understanding (MoU) to provide Vodafone with renewable energy to use in all of its locations.
Commercial
Softline Group LTD
on the acquisition of 49% of Digitech for Information Technology SAE, including the drafting of transaction documents and advising on the transfer of shares process before the EGX.
Commercial
Media Law
Conducting an extensive legal assessment for a tech giant on the lunch of its media platform in Egypt.
Advising a number of media companies on compliance and on the licensing regime under the Media Law and its executive regulations.
Commercial
Voice Over IP
Advising several multinational companies on the use of VOIP services to conduct in country and cross border communications as well as on the applicable limitations in this respect.
Data Privacy & Cyber-Security
Artificial Intelligence
Advising a tech giant on the legal aspects of deploying artificial intelligence software in Egypt.
Data Privacy & Cyber-Security
Cybersecurity
Advising several multinational technology companies on the new Cybercrimes Law.
Commercial
Intermediary Liability
Advising several multinational technology companies on the intermediary liability of online platforms under Egyptian Law.
Commercial
Advising a leading regional payment service provider on the licensing requirements under the Central Bank regulations pertaining to payment facilitation and aggregation.
Commercial
Advising a UK payment services provider on the licensing requirements to invest in Egypt and operate a business in remittance of money, e-wallets and management of prepaid cards.
Commercial
Advising a leading private equity firm on the licensing of a payment service provider who operates e-wallets and payment facilitation on behalf of merchants, as part of an acquisition of such provider.
Commercial
Advising a tech giant on maintaining online store credits and whether that qualifies as electronic wallets under the Central Bank regulations.
Commercial
Advising a leading tech company on the launch of its gift cards, including licensing requirements under the Central Bank regulations, the nature of the topped-up funds, the nature of the relationship with customers, and the treatment of unclaimed properties.
Banking & Finance
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Advising (with Allen & Overy) Credit Agricole Bank Egypt – which acted as escrow and settlement agent – on the mechanics for settling the purchase price for Mobinil and OTMT for which the tender was up to around USD 1.97 billion, as well as advising on the foreign currency hedging arrangements associated with the payment of the purchase price.
- Sharkawy & Sarhan advised the International Finance Corporation “IFC” on matters of Egyptian law in relation to the USD 15,000,000 facility granted to Vinavil Egypt for Chemicals S.A.E., a subsidiary of Vinavil SPA.
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Advising International Financial Institution “IFC” on the subscription in the capital of an Egyptian telecom company. In addition to concluding a limited due diligence on the company before the subscription of the IFC. IFC had subscribed in the capital of an Egyptian telecom company named “Fawry for Payment Technology” with a cash amount equivalent to USD6 million.
Commercial
- Advising Vodafone on the drafting of template contracts to be used by the different business functions.
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Advising several multinational companies on the use of VOIP services to conduct in country and cross border communications and the applicable limitations in this respect.
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Advising an American tech company on the regulations applicable to the importation of telecommunication devices and equipment.
Mergers & Acquisitions
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Advising a leading provider of broadband technology and hospitality interactive solutions in connection with global acquisition that involves certain assets in Egypt.
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Advising ILA Group, a major investment fund in Bahrain, in an acquisition on one of the leading telecom distributors in Egypt.
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Advising a major logistics services company on the acquisition on a use of wireless devices for internal communications inside their facilities.
Insights
Update on IoT Regulations
18th of April 2022 Update on IoT Regulations By: Omar Elkhawas Keywords: Telecommunication, Media and Technology [...]
Egypt’s First Data Protection Law
18th of July, 2020 Egypt's First Data Protection Law Keywords: Technology, Media & Telecommunication, Data Privacy & Cybersecurity [...]
Egypt’s New Banking Law: Payments, Fintech & Electronic Evidence
6th of October 2020 Egypt's New Banking Law Payments Fintech Electronic Evidence By: Lamiaa Youssef Keywords: Technology, Media and Telecommunication [...]
Mergers & Acqusitions
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Advising Dell Technologies Inc. on the sale of its legacy security firm RSA to a consortium of investors led by Symphony Technology Group.
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Advising a leading private equity firm on the licensing of a payment service provider who operates e-wallets and payment facilitation on behalf of merchants, as part of an acquisition of such provider.
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Advising STMicroelectronics a global semiconductor leader serving customers across the spectrum of electronics applications on the Egyptian law aspects of its acquisition of IoT connectivity tech developer Riot Micro, including its chip design operations in Egypt
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Advising Vodafone Group on the potential sale of its entire stake in Vodaphone Egypt to STC.
Commercial
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Advising a leading international retail chain on the legal requirements of its new online gift card and the launch of a new e-platform to be managed by a third-party e-commerce services provider.
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Advising an international retail chain on the Egyptian law requirements of remote contracting and doing business online.
Data Privacy & Cyber-Security
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Advising a tech giant on the legal aspects of deploying artificial intelligence software in Egypt.
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Advising several multinational technology companies on the new Cybercrimes Law.
Insights
Update on IoT Regulations
18th of April 2022 Update on IoT Regulations By: Omar Elkhawas Keywords: Telecommunication, Media and Technology [...]
Egypt’s First Data Protection Law
18th of July, 2020 Egypt's First Data Protection Law Keywords: Technology, Media & Telecommunication, Data Privacy & Cybersecurity [...]
Egypt’s New Banking Law: Payments, Fintech & Electronic Evidence
6th of October 2020 Egypt's New Banking Law Payments Fintech Electronic Evidence By: Lamiaa Youssef Keywords: Technology, Media and Telecommunication [...]