{"id":594063,"date":"2019-10-17T04:05:03","date_gmt":"2019-10-17T04:05:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr\/"},"modified":"2019-10-17T04:05:03","modified_gmt":"2019-10-17T04:05:03","slug":"shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr\/","title":{"rendered":"Shalakany acted as sole counsel to Emaar Misr in settlement with Egypt\u2019s El Nasr"},"content":{"rendered":"<p>Shalakany Law Firm acted as sole legal counsel to Emaar Misr in its longstanding dispute with state-owned El Nasr Housing, which culminated in <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/07\/egypt-and-uaes-emaar-finally-settle-their-uptown-cairo-beef\/\">an agreement<\/a> that will see Emaar pay a USD 100 mn cash settlement, <a href=\"https:\/\/ent.news\/2019\/10\/1032.pdf\">the firm said (pdf)<\/a>. Shalakany also represented Sharm Dreams Group in its <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/14\/jaz-hotel-signs-two-management-agreements-with-sharm-dream-al-fayrouz\/\">agreements with Jaz Hotel Group<\/a> that will see the latter manage the Sharm Dreams and Al Fayrouz resorts, according to a separate emailed statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7907],"tags":[957,9091,1527,72,4502,963,2149],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594063","post","type-post","status-publish","format-standard","hentry","category-law","tag-dispute-watch","tag-el-nasr-housing-and-development","tag-emaar-misr","tag-enterpriseam","tag-jaz-hotel-group","tag-law","tag-shalakany-law-office","wpautop","entry"],"acf":{"mongo_id":"28947576-0bef-4619-83c0-53d98554c222","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594034],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Shalakany acted as sole counsel to Emaar Misr in settlement with Egypt\u2019s El Nasr - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shalakany acted as sole counsel to Emaar Misr in settlement with Egypt\u2019s El Nasr\" \/>\n<meta property=\"og:description\" content=\"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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-17T04:05:03+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Shalakany acted as sole counsel to Emaar Misr in settlement with Egypt\u2019s El Nasr\",\"datePublished\":\"2019-10-17T04:05:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr\/\"},\"wordCount\":86,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"dispute watch\",\"El Nasr Housing and Development\",\"Emaar Misr\",\"EnterpriseAM\",\"Jaz Hotel Group\",\"law\",\"Shalakany Law Office\"],\"articleSection\":[\"Law\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/shalakany-acted-as-sole-counsel-to-emaar-misr-in-settlement-with-egypts-el-nasr\/\",\"name\":\"Shalakany acted as sole counsel to Emaar Misr in settlement with Egypt\u2019s El Nasr - 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The latest development\u2026","rel":"","context":"In &quot;Law&quot;","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":591398,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/shalakany-represents-gm-egypt-in-capital-increase-dispute-emaar-misr-in-nuca-settlement\/","url_meta":{"origin":594063,"position":1},"title":"Shalakany represents GM Egypt in capital increase dispute, Emaar Misr in NUCA settlement","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"Shalakany Law Firm successfully defended General Motors Egypt in a dispute filed at the Cairo Economic Court regarding the company\u2019s recent capital increases, the firm said in a statement (pdf). The case claimed that two capital increases worth USD 90.3 mn were invalid. The firm also acted as legal counsel\u2026","rel":"","context":"In &quot;Law&quot;","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":600041,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/17\/emaar-vs-el-nasr-dispute-resolved-minister-says\/","url_meta":{"origin":594063,"position":2},"title":"Emaar vs. El Nasr dispute resolved, minister says","author":"enterpriseam admin","date":"17 January 2019","format":false,"excerpt":"Emaar vs. El Nasr dispute resolved, minister says: A settlement has been reached between Emaar Misr and state-owned El Nasr Housing & Reconstruction over a disputed land plot and delays in execution pertaining Emaar\u2019s Uptown Cairo project, Public Enterprise Minister Hisham Tawfik tells Masrawy. The companies are now in talks\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":603032,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/is-emaar-misrs-egp-878-mn-donation-to-the-state-related-to-its-ongoing-dispute-with-el-nasr-housing\/","url_meta":{"origin":594063,"position":3},"title":"Is Emaar Misr\u2019s EGP 878 mn donation to the state related to its ongoing dispute with El Nasr Housing?","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"Watch this space: Emaar Misr has donated EGP 878 mn to national megaprojects, a form of corporate largesse that Public Enterprise Minister Hisham Tawfik told Al Mal over the weekend is unrelated to the real estate developer\u2019s ongoing dispute with state-owned El Nasr Housing. The donation was announced on Thursday\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":594825,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/emaar-misr-nears-resolution-on-el-nasr-dispute\/","url_meta":{"origin":594063,"position":4},"title":"Emaar Misr nears resolution on El Nasr dispute","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"DISPUTE WATCH- Egypt and UAE\u2019s Emaar sign preliminary settlement agreement on El Nasr dispute: Property developer Emaar Misr has signed a preliminary agreement with the Egyptian government on a proposed settlement to resolve a dispute with state-owned El Nasr Housing over the Emirati company\u2019s alleged failure to develop 3 mn\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":629042,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/el-nasr-to-escalate-legal-dispute-with-emaar-misr-over-uptown-cairo-land\/","url_meta":{"origin":594063,"position":5},"title":"El Nasr to escalate legal dispute with Emaar Misr over Uptown Cairo land","author":"enterpriseam admin","date":"21 May 2018","format":false,"excerpt":"Emaar Misr\u2019s dispute with El Nasr over Uptown Cairo land isn\u2019t over: State-owned El Nasr Housing and Reconstruction reportedly plans to proceed with the arbitration suit it filed last July against Emaar Misr, which alleges that the latter owes it EGP 1 bn and 3 mn sqm of land in\u2026","rel":"","context":"In &quot;Speed Round&quot;","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\/594063","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=594063"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594063\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/594034"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=594063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=594063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=594063"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=594063"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=594063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}