EGYPT IS A MAJOR SUPPORTER OF YOUNG PEOPLE ALL AROUND THE WORLD

EGYPT IS A MAJOR SUPPORTER OF YOUNG PEOPLE ALL AROUND THE WORLD

The world’s attention will be attracted to Sharm El-Sheikh on January 10th, when the fourth edition of the World Youth Forum will be held under the auspices of President Abdel Fattah El-Sisi from January 10 to 13.
The forum focuses on three main themes: peace, development, and creativity, and it discusses a wide range of important issues that reflect the new reality after the Corona pandemic.
The forum aims to bring together the youth of the world in order to promote dialogue, discuss development issues and send a message of peace and development from Egypt to the world, as well as exchanging visions and recommendations in a realistic manner with the aim of formulating a complete and comprehensive vision that the state and Egyptian youth share together through dialogue, presenting their issues and identifying their needs and future aspirations It also proposes advanced solutions and strategies according to the thinking of young people of different cultures and scientific backgrounds.
WITHIN TWO YEARS, KHODEIR & PARTNERS FOR LEGAL CONSULTATIONS HAS COMPLETED DEALS TOTALLING $10 BILLION

WITHIN TWO YEARS, KHODEIR & PARTNERS FOR LEGAL CONSULTATIONS HAS COMPLETED DEALS TOTALLING $10 BILLION

Within two years, Khodeir & Partners for Legal Consultations has completed deals totalling $10 billion.
During the two years since its establishment, Khodeir & Partners for Legal Consultations has served as a legal advisor for several local and international transactions and disputes totalling more than $10 billion.
According to Mohamed Khodeir, Chairman of the Board of Directors at Khodeir & Partners Legal Consultations, the office was established two years ago at the end of 2019, and focuses on all investment sectors, whether in terms of deals and contracts such as the energy and real estate sectors and capital market activities, establishing and restructuring companies in accordance with various legal controls, and disputes at the local or international level.
He highlighted that one of the most prominent deals that the office completed during the previous period was for the “Vito Pharm Cosmetics” company, by providing legal advice to the company to obtain a loan of 650 million pounds from a group of local banks in order to finance its expansion in the local market by adding a new production line. The Export Development Bank is in charge.
Khodeir went on to say that the office also acted as a legal advisor for the “Infinity Solar” company in the deal in which the European Bank for Reconstruction and Development acquired 20% of the company’s ownership structure.
Muhammad Khodeir, on the other hand, revealed that the office also served as a legal advisor to “Lendo for Small and Medium Enterprises Finance” as it structured its business in the Middle East region.
While Hanan El-Deeb, one of the office’s partners, noted that Khodeir’s office also served as a legal advisor to the “Counsel Masters” company in a deal to manage and operate the first phase of the Walk of the People of Egypt, including tourist, recreational, and service commercial activities.
She mentioned that the first phase of construction for the Walk of the People of Egypt is nearing completion and that the opening is expected to take place soon.
There is no doubt that Khodeir & Partners achieved this outstanding success as a result of their fruitful and significant efforts; we wish you continued success and excellence.
HERMES ANNOUNCES THE COMPLETION OF THE 790 MILLION POUNDS FIRST ISSUE DEAL

HERMES ANNOUNCES THE COMPLETION OF THE 790 MILLION POUNDS FIRST ISSUE DEAL

EFG Hermes announced that its promotion and underwriting division – the leading investment bank in emerging and frontier markets – has completed the first issue of Hermes’ securitization bonds worth 790 million pounds.
This is the first of three bond issuances worth a total of 3 billion pounds. A portfolio of notes receivable worth about 815.1 million pounds, covering 47 leasing contracts, is used to secure this offering.
The conclusion of this milestone transaction, according to Talal Al-Ayyat, CEO of EFG-Hermes for Financing Solutions, is a great step toward speeding the company’s business operations and expanding its position in the Egyptian market. According to Al-Ayyat, the company goes to great lengths to find funding sources that help the company develop its activities by boosting capital and extending its customer base by providing a variety of creative financial solutions.
THE GOVERNMENT REPAYS THE MONORAIL LOAN ”THE ADMINISTRATIVE CAPITAL – OCTOBER 6” OVER 12 YEARS

THE GOVERNMENT REPAYS THE MONORAIL LOAN ”THE ADMINISTRATIVE CAPITAL – OCTOBER 6” OVER 12 YEARS

The government will repay the €1.88 billion loan for the “New Administrative Capital – October 6” monorail project over a period of up to 12 years.
And added that the amount will be paid in favor of the loan providers, represented by “JP morgan Europe limited”, “JP Morgan Chase NA” London Branch, and other financial institutions, after the expiry of a grace period of 5 years from the time of the start of disbursement.
In exchange for construction work, the Ministry of Transport disbursed 280 million euros to the “The Arab Contractors – Orascom Construction – Alstom” consortium, which implements Monorail.
The ministry distributed 90 million euros to Alstom, the third partner in the alliance, following its acquisition of Bombardier, while the Arab Contractors and Orascom companies got the remaining 190 million euros.