Shalakany Law Firm acted as sole legal counsel to Emaar Misr in its longstanding dispute with state-owned El Nasr Housing, which culminated in an agreement that will see Emaar pay a USD 100 mn cash settlement, the firm said (pdf). Shalakany also represented Sharm Dreams Group in its agreements with Jaz Hotel Group that will see the latter manage the Sharm Dreams and Al Fayrouz resorts, according to a separate emailed statement.
More from Enterprise
Egypt prepares to offer a 40% stake in Banque du Caire as early as April
Amid global market uncertainty from the war on Iran, the…
EGX kicks off first day of futures trading on the EGX
The rollout includes 3- and 6-month future contracts tracking the…
Fiscal pressures mount for Egypt as CDS levels rise
Good morning, friends. The situation in Egypt remains calm as…
Bahrain’s Beban eyes Egypt launch with equity crowdfunding model
Mohamed Aboulnaga’s Foras AI raises stake as Beban seeks FRA…