{"id":590578,"date":"2023-07-24T00:00:00","date_gmt":"2023-07-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/24\/matouk-bassiouny-taqa-arabia-look-to-expand-in-saudi-arabia\/"},"modified":"2023-07-24T00:00:00","modified_gmt":"2023-07-24T00:00:00","slug":"matouk-bassiouny-taqa-arabia-look-to-expand-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/24\/matouk-bassiouny-taqa-arabia-look-to-expand-in-saudi-arabia\/","title":{"rendered":"Matouk Bassiouny + Taqa Arabia look to expand in Saudi Arabia"},"content":{"rendered":"

LAW-<\/strong><\/p>\n

Matouk Bassiouny heads to KSA:<\/strong>Matouk Bassiouny & Hennawy will open a new office in Riyadh in September, with plans to open another in Jeddah, Al Borsa<\/a> quotes founding partner and corporate and M&A head Omar Bassiouny as saying. The new Riyadh office is part of the firm\u2019s plan to expand to the Gulf region, with the Saudi market in particular showing \u201cgreat investment potential\u201d thanks to the uptick in M&A and IPO transactions in the kingdom, Bassiouny is quoted as saying. <\/p>\n

ENERGY-<\/strong><\/p>\n

Taqa is tapping the Saudi market soon:<\/strong> Qalaa Holdings subsidiary Taqa Arabia is planning to set up shop in Saudi Arabia next month through a 50-50 JV with Saudi Gas Company, Al Borsa<\/a> quoted CEO Pakinam Kafafi as saying last week. Further details about the agreement will be announced next month, she added. The new JV will work on natural gas distribution and contracting. <\/p>\n","protected":false},"excerpt":{"rendered":"

The local law firm could open a second branch in Jeddah<\/p>\n","protected":false},"author":1,"featured_media":590579,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,93,72,7029,883,613,615],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-590578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-energy","tag-enterpriseam","tag-legal-industry","tag-matouk-bassiouny-hennawy","tag-qalaa-holdings","tag-taqa-arabia","wpautop","entry"],"acf":{"mongo_id":"80d6e6e4-399b-4358-b061-291e04f5fe39","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/873.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Matouk Bassiouny + Taqa Arabia look to expand in Saudi Arabia","related_issue":[590552],"teaser":"The local law firm could open a second branch in Jeddah","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.44b8ee19-0b1a-49ed-ae4e-2daaf042b1c1.mp3"},"yoast_head":"\nMatouk Bassiouny + Taqa Arabia look to expand in Saudi Arabia - 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Part of the firm\u2019s regional expansion efforts, the new outpost will join a team of 170 lawyers based in Egypt (Matouk Bassiouny & Hennawy), the UAE (Matouk Bassiouny &\u2026","rel":"","context":"In "Law"","block_context":{"text":"Law","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/law\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575466,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/matouk-bassiouny-hennawy-win-iflrs-egyptian-law-firm-of-the-year\/","url_meta":{"origin":590578,"position":1},"title":"Matouk Bassiouny & Hennawy win IFLR\u2019s Egyptian law firm of the year","author":"enterpriseam admin","date":"15 October 2020","format":false,"excerpt":"KUDOS- Our friends at Matouk Bassiouny & Hennawy won the International FinancialLaw Review\u2019s 2020 Egyptian law firm of the year award for \u201ccontinuing to innovate in its business approach \u2026 [which] helped drive the Matouk Bassiouny brand into new markets.\u201d MB&H was also one of several winners of the M&A\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595939,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/14\/matouk-bassiouny-hennawy-advise-match-group-on-harmonica-acquisition\/","url_meta":{"origin":590578,"position":2},"title":"Matouk Bassiouny & Hennawy advise Match Group on Harmonica acquisition","author":"enterpriseam admin","date":"14 August 2019","format":false,"excerpt":"Matouk Bassiouny & Hennawy acted as co-counsel with Latham & Watkins LLP to Match Group on its acquisition of Egyptian matchmaking app Harmonica, according to an emailed statement. The transaction is set to close by the end of the year.","rel":"","context":"In "Law"","block_context":{"text":"Law","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/law\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574717,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/20\/us-based-oilfield-service-provider-nesr-acquires-egypts-sapesco-for-usd-21-mn\/","url_meta":{"origin":590578,"position":3},"title":"US-based oilfield service provider NESR acquires Egypt\u2019s SAPESCO for USD 21 mn","author":"enterpriseam admin","date":"20 September 2020","format":false,"excerpt":"M&A WATCH- Texas-based National Energy Services enters Egyptian market with USD 21 mn purchase of Egypt\u2019s SAPESCO: US-based MENA and Asia Pacific oilfield service provider National Energy Services Reunited (NESR) closed last week its USD 21 mn acquisition of Egypt\u2019s Sahara Petroleum Services Company (SAPESCO), according to a press release\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557200,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/matouk-bassiouny-up-for-6-awards-at-2021-iflr-middle-east-awards\/","url_meta":{"origin":590578,"position":4},"title":"Matouk Bassiouny up for 6 awards at 2021 IFLR Middle East Awards","author":"enterpriseam admin","date":"9 September 2021","format":false,"excerpt":"Law firms Matouk Bassiouny & Hennawy and Matouk Bassiouny UAE have been shortlisted for six awards at the IFLR Middle East Awards 2021, according to a press release (pdf). The nominations include M&A transaction of the year for their work as Egyptian counsel to First Abu Dhabi Bank on its\u2026","rel":"","context":"In "Kudos"","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576371,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/22\/matouk-bassiouny-hennawy-to-advise-on-odhs-sale-of-orascom-housing-communities\/","url_meta":{"origin":590578,"position":5},"title":"Matouk Bassiouny & Hennawy to advise on ODH\u2019s sale of Orascom Housing Communities","author":"enterpriseam admin","date":"22 November 2020","format":false,"excerpt":"APPOINTMENTS- Law firm Matouk Bassiouny & Hennawy has been appointed to advise Orascom Development Holding (ODH) on the sale of its stake in Orascom Housing Communities, Al Shorouk reports, citing unnamed sources familiar with the matter. ODH announced last week that it is seeking to sell some or all of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=590578"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590578\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/590552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/590579"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=590578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=590578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=590578"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=590578"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=590578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}