ADSERO acts as local counsel in the Sovereign Sukuk Program, Wins 'Egypt Deal of the Year' Award from Islamic Finance News

January 30, 2024

We are proud to have been awarded the “Egypt Deal of the Year” from Islamic Finance News (IFN), one of the most coveted honours in the global Islamic finance and banking industry. The award recognises our work as the lead Egyptian counsel to the Ministry of Finance | Egypt (MOF) in establishing the first Sovereign Sukuk program of USD 5 BN.
The ADSERO team was led by Partners Hossam Gramon, Malak Khalil, and Ehab Fedaa, assisted by Associates Aya BadrDina SharsharHussien MoustafaMalak El Alfi, Mohamed Elshenawy, Sadeem Abdelsalam, and Yosr Allam, and, Hana Raouf, Junior Associate.

Congratulations to the seasoned teams at Clifford Chance, who acted as the international counsel to the MOF, as well as Zaki Hashem, Attorneys at Law and Linklaters, who represented the joint lead managers.
We had the pleasure of working with our distinguished colleagues from ADIB - Abu Dhabi Islamic Bank, Citi, Groupe Crédit Agricole, Emirates NBD, First Abu Dhabi Bank (FAB) and HSBC, the joint lead managers.
Special thanks to the MOF and to all parties involved in this historical transaction! 
We also extend our warmest congratulations to all other winners and nominees.

For more information on this award-winning project, please click here.


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