GCC law firms looking to expand in Egypt

M&A Watch- Gulf law firms, including Emirati firm Mahmoud Hussein and Qatar’s Al-Sulaiti, are looking to expand in Egypt by partnering or merging with domestic firms, Al Mal reports. According to Salman Al Taweel, a partner at Mahmoud Hussein, the law firm has been looking to enter the Egyptian market for some time, and is currently in talks with a number of Egyptian firms. The newspaper quotes Al-Sulaiti founder Mubarak Al-Sulaiti as saying deal flow between Egypt and the GCC makes the move into Omm El Donia attractive.