Keywords: Banking & Finance, Financial Institutions

Sharkawy & Sarhan is pleased to announce that it has been recognized as a top tier firm in the 2021 edition of Chambers Global receiving a band 1 ranking in Projects & Energy, band 2 ranking in Banking & Finance, band 3 ranking in Corporate/M&A.

According to Chambers, our Projects and Energy team is a “Well-respected team demonstrating outstanding expertise in both renewable and conventional energy matters. Represents several leading petrochemicals companies in the acquisition of oil and gas concessions. Also acts for an impressive list of investment banks and export credit agencies in the financing of construction and oil and gas projects.”  One client enthused: “They are incredibly knowledgeable about the local laws and very good at applying their legal knowledge through a commercial lens.” Other commentators characterise the firm as “young, energetic and responsive – and very reliable advisers,” further noting: “They diligently follow up on matters and provide clear advice.”

Partner Ahmed Haggag and managing associate Heba Anwar Raslan have been recognised for their work in Projects & Energy. According to the Chambers review, Ahmed Haggag is highly sought after by international commercial banking institutions and multilaterals in relation to project finance mandates. One commentator described him as a “very good lawyer who is always on top of the deal,” before going on to add: “I have nothing but praise for him.” Heba Anwar Raslan is an increasingly prominent figure within the firm. Much of her work takes place in the oil and gas sector, and she is an experienced adviser on the acquisition of offshore concessions and other high-value assets. Market sources observe that “she handles complex deals efficiently.”

The firm is shortlisted for the Chambers Middle East Award 2021 as the “Egypt Banking & Finance Law Firm of the Year”. As per Chambers, the banking & finance team is an “Esteemed practice noted for its experience acting on behalf of international development banks on project finance mandates. Project finance experience extends to both oil and gas and renewable energy mandates, as well as major infrastructure and construction projects. Also regularly advises on development finance and has an in-depth understanding of regulatory banking concerns and Egyptian bankruptcy law.” while another source to Chambers enthused that “They clearly understand and communicate arising issues well and are very responsive. Our deal required some real brainpower and creative thinking, and they delivered on that.” A further source noted: “They are good at providing banking law advice that takes account of both legal and commercial issues.”

Partner Ahmed Haggag, leading our Banking & Finance practice, has been recognised as “very strong when it comes to banking and finance deals.” He has notable experience assisting clients with high-value syndicated loans and is also noted for his expertise in the financing of energy projects. Interviewees appreciate “his ability to think creatively and solve problems.”

Our Corporate/M&A team is recognised for advising on the full suite of corporate transactions. Frequently assists clients with asset disposals and company sales. Active in a range of sectors, including the energy and food and beverage spheres. Demonstrates further expertise in private equity matters. One client appreciates the team’s “high-quality advice regarding legal and practical issues,” adding that it “meets the standards of global business law firms.”

Partner Mohamed Nabil Hazzaa has also been recognised as “a talented lawyer” who is attentive to details and provides a fast turnaround of work. He is an increasingly prominent figure in the market who has overseen M&A transactions in sectors as diverse as food and beverages and financial services.