We advised Nile Sugar on its senior loan agreement with the IFC - International Finance Corporation. The financing will fund the cultivation of 13,711 feddans of sugar beet in Minya. This project advances Egypt’s 2030 agricultural targets and boosts domestic sugar production to counter global price swings.

The transaction was led by Hossam Gramon, Partner and Head of Banking and Project Finance and Dr. Mohamed Fathy, Partner and Head of Real Estate, Tourism, and Hospitality, assisted by Hadil Helmy, Senior Associate, Hussien Moustafa, Managing Associate, Nour Osama, Associate, and Karim Madian, Junior Associate.

We extend our congratulations to Emad Farid, Chief Executive Officer, and Rafik Joseph, Chief Financial Officer at Nile Sugar, on this achievement.

Pleased to have worked alongside the IFC and Baker McKenzie Cairo - Helmy, Hamza & Partners on this transaction.

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