Hegazy & Partners law firm is planning to form a consortium with Moamalat advisory firm to co-manage the issuance of about USD 150 mn of sukuks, Managing Partner Walid Hegazy told Al Mal. The issuances are expected in 1H2020, Hegazy said. The firm is also planning to enter partnerships with peers from China and the US.
More from Enterprise
AI in Egyptian banking is “in its infancy,” and the pause is deliberate
Bankers say the rules aren’t written yet. Data center builders…
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
EFG has three more IPOs lined up before year-end, including one hefty offering
Group CEO Karim Awad credits the central bank’s decision to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…