June 6, 2022
AT Lease, a Shari’ah-compliant leasing company, closed its third securitized bond issuance (worth EGP 1.6 bn) on Thursday, 2 June. ALC Alieldean Weshahi & Partners acted as a legal counsel for this issuance. Read more
ALC advises Al Ahly Capital on its joint venture with Orascom Construction to build an industrial plant in West Cairo’s Abu Rawash
May 24, 2022
Al Ahly Capital Holding signed an agreement with Orascom Construction subsidiary Suez Industrial Development Company (SIDC). Al Ahly Capital will own 75% of the joint venture set up to build the project, while SIDC will own 25% and be the park’s lead developer and operator. ALC Aliedean Weshahi & Partners acted as advisor for Al […]
April 12, 2022
SME-focused fintech startup PayMint has closed a seven-figure seed round from Aur Capital subsidiary Aur Fintech, on which ALC Aliedean Weshahi acted as advisor.Read more
March 25, 2022
Palm Hills Development, in cooperation with Sarwa Capital, closed on Thursday March 24 an EGP 3.251 billion sukuk issuance, on which ALC Alieldean Weshahi acted as advisor. Read more
December 5, 2021
Palm Hills Development closed on Thursday 2 December 2021 a four-tranche EGP 1 billion securitized bond issuance, which ALC Alieldean Weshahi acted as advisor. Read more
ALC’s counseled AT Lease bond of EGP 1.09 bn wins Best Middle East and Africa Issuance Award at the MEA Finance Awards.
November 25, 2021
AT Lease wins Best Middle East and Africa Issuance Award at the MEA Finance Awards. The recognized EGP 1.09 bn bond offering was under ALC Alieldean Weshahi & Partners’ counsel. ALC is proud to have contributed to this outstanding achievement. Read more
October 25, 2021
Al Ahly Capital Holding and Cairo for Investment and Real Estate Development (CIRA) have signed an agreement to establish a new investment company geared towards financing mid-tier education providers. Launching with initial capital of EGP 2 billion, the agreement is set to be Egypt’s largest ever public-private partnership. ALC Alieldean Weshahi & Partners served as […]
Managing Partner Dr. Bahaa Alieldean: Primary bond market mature, stimulating the secondary market requires awareness
June 30, 2021
Senior and Managing Partner at ALC Alieldean Weshahi & Partners, Dr. Bahaa Alieldean, told Al Borsa newspaper that bond issuances and securitization transactions have reached nearly EGP 24 billion over the past year, noting that the securitization market has matured to a large degree over the past decade without a need for amendments to the executive regulations since they were first announced in 2005.
June 30, 2021
Al Alamia For Real Estate Investment, a unit of Hassan Allam Properties, has signed an EGP 4.16 bn financing agreement with a syndicate of local banks for the development of its Swan Lake Residences project in New Cairo. ALC Alieldean Weshahi & Partners acted as counsel for Hassan Allam.
June 9, 2021
Palm Hills Development closed a securitized bond issuance backed by a receivables portfolio of nearly EGP 1.2 bn. The bonds were issued in four tranches with ratings of AA+, AA, A, and A-. ALC Alieldean, Weshahi & Partners were counsel for the issuance. Read more