Mohamed Ghannam

Banking & Finance and Major Projects

• Advised AMEA Power on the development and financing of two renewable projects in Egypt with a capacity of 1000 megawatts and value of USD 1.1 billion; (Won PFI Awards' Global ESG Deal of the Year 2022).
  
  
• Acted for the lenders namely National Bank of Egypt, Qatar National Bank Al Ahli, African Export-Import Bank, Banque du Caire, Suez Canal Bank, the United Bank, Arab Investment Bank, Agricultural Bank of Egypt, Industrial Development Bank and Housing and Development Bank in relation to the financing of Canal's Sugar project for the development of a large-scale agricultural farm (app. 188,000) in Minya, Egypt. (Won Best Structured Finance Deal in North Africa a the EMEA Finance Achievements Awards 2021 and Project and Team Finance of the Year at the IFLR1000 Middle East Awards 2022).
  
  
• Represented the Egyptian Government, acting through the Ministry of Finance, on the signing of a USD 2 billion syndicated financing transaction, which was the first sovereign debt that Egypt has raised from commercial lenders (“Debt Market Deal of the Year 2021 by Asian Legal Business (ALB) Middle East Law Awards, and Commodity Murabahah/ Tawarruq Deal of the Year 2020 by Islamic Finance News (IFN) Awards”).
  
  
• Represented the National Service Projects Organization (NSPO) on a strategic joint venture with Grifols, one of the world's leading producers of plasma-derived medicines. The collaboration is the first ever of its kind and is a significant opportunity to develop the plasma-derivatives program under the President's Patronage to reach self-sufficiency.
  
  
• Represented a consortium that consists of the Suez Canal Economic Zone (SC Zone) and the Sovereign Fund of Egypt (TESFU) along with a private-sector investors, including: Samcreete Investments Holding, Hassan Allam Holding, Orascom Construction, and Connect Information Technology, in relation to the project contracts and for setting up a specialized manufacturing company, the National Egyptian for Railroad Industries Company (NERIC).
  
  
• Representing the Sovereign Fund of Egypt in connection with establishing an SPV to carry out a project comprising the establishment, construction, operation and maintenance of 6 medical supplies warehouses in different geographical locations in the Arab republic of Egypt. First project modernize medical supplies storage facilities using high technology.
  
  
• Represented Hutchison Ports, the world’s leading port network, on its agreement with Egyptian Navy to develop and operate a new container terminal in Abu Qir, Egypt. The total investment value in developing the new terminal is estimated to reach USD 730 million.
  
  
• Represented Rawasy, a new real estate joint venture established by the National Bank of Egypt (NBE) and Banque Misr, in connection with an acquisition finance to that was divided into two tranches. The first part of the loan was from Banque Misr, Al Ahly Bank and Banque Du Caire to finance the purchase of assets from Talaat Moustafa Group’s (TMG) related to the Craft Zone Project in Madinaty Compound. Such assets are handed back to TMG for operation and investment under an Operation and Investment Agreement. The second part of the loan was in the form of a discounting facility against checks from Nour City owned by TMG. The aggregate amount of both tranches is approximately EGP 9 billion.
  
  
• Represented International Finance Corporation (IFC) on the financing package put in place to fund Pasabahce Egypt for Glass Manufacturing S.A.E., a subsidiary of the Sisecam Group and a leading glassware manufacturer.
  
  
• Acted on the USD 3.7 billion project financing for the Egyptian Refining Company greenfield refinery project in Mostorod, near Cairo. This was named Project Finance Deal of the Year for 2012 by the International Financial Law Review.

• Ranked by Legal 500 EMEA in Hall of Fame in Banking and Finance, Energy and Corporate, Commercial and M&A and Leading Individual in Projects Infrastructure, 2022 and 2023
• Ranked in "Band 1" by Chambers Global 2023, 2022, 2021, 2020 in Banking and Finance and Projects and Energy and Corporate M&A and Capital Markets
• Ranked as a "Market Leader" in IFLR1000 2022/ 32nd edition and IFLR 1000 2021/31st Edition in Corporate M&A, Capital Markets, Banking and Projects
• Ranked by Legal 500 EMEA in Hall of Fame in Corporate, Commercial and M&A and Energy and Leading Individual in Banking and Finance and Projects Infrastructure, 2020 and 2021
• Ranked as "Highly Regarded" Lawyer by IFLR1000 2020/30th Edition
• Ranked in "Band 1" by Chambers Global in 2019, 2018, 2017, 2016 and 2015
• Ranked as a "Star Individual" by Chamber Global in 2014, 2013, 2012 for Corporate/M&A

• GAFI (Governmental agency responsible for incorporation of companies in Egypt - Former Member of Board of Directors
• Egyptian Bar Association - Member
• Egyptian Judges Association - Member
• American Chamber of Commerce - Former Co-Chair, Legal Committee

• Chicago
• Riyadh