Banking Regulation 2025

EGYPT Law and Practice Contributed by: Mahmoud S. Bassiouny, Iman Nassar, Habiba Gamaleldin and Israa Mostafa, Matouk Bassiouny

Matouk Bassiouny is a leading, full-service MENA region law firm with offices in Algeria (Matouk Bassiouny in association with SH-Av - ocats), Egypt (Matouk Bassiouny & Hennawy), Sudan (Matouk Bassiouny in association with AIH Law Firm), the United Arab Emirates (Ma - touk Bassiouny UAE) and a New York satellite office focused on international dispute resolu - tion, as well as two country desks covering its Korea and Libya practice. The firm’s attorneys specialise in advising multinationals, corpora - tions, financial institutions, and governmental

entities on all legal aspects of investing and do - ing business in the MENA region. The primary goal of the finance and projects group is to pro - vide clients with legal advice on the banking and finance sector in Egypt and on the strengths and weaknesses of security available to lend - ers in the Egyptian market. The group maintains close relationships with Egyptian financial insti - tutions, giving it first-hand knowledge of what constitutes commercially acceptable solutions for major institutions involved in large-scale deals. Iman Nassar is a senior associate at Matouk Bassiouny. Her areas of expertise include the drafting and negotiation of facility agreements, finance documents, security documents and term sheets, advising on mobile payment, electronic payment and internet banking services as well as the incorporation of establishments in Egypt and the supervision of their day-to-day business, ensuring compliance with local laws and corporate governance.

Authors

Mahmoud S. Bassiouny is the regional managing partner of Matouk Bassiouny and head of the firm’s finance and projects group. He advises major oil and gas players, public and private

parties, lenders, and consultancy firms. With over 20 years of experience, Mahmoud has extensive expertise in matters of security creation and perfection across various sectors, including aviation, real estate development, heavy industries, and power and infrastructure. His experience in trade and project finance and in the oil and gas industry has earned him the trust of large commercial banks, export credit agencies, and major players in the energy industry, such as HSBC, US EXIM, and Union Fenosa Gas.

Habiba Gamaleldin is a junior associate at Matouk Bassiouny and a member of the finance and projects team. She has worked on several project financing transactions, due

diligence, as well as general corporate and commercial matters. Further, she has worked on multiple matters in connection with company law relating to the establishment of corporate entities, researching pertinent laws, compliance, and regulatory obligations concerning her clients.

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