MOF Awarded the "Sukuk Deal of the Year" for its Establishment of the first Sovereign Sukuk Program of USD 5BN from the GFC Media Group

March 7, 2024

 We are delighted to announce that our client, the Ministry of Finance | Egypt ("MOF"), has been awarded the "Sukuk Deal of the Year" for its establishment of the first Sovereign Sukuk program of USD 5 BN from the GFC Media Group Bonds, Loans & ESG Capital Markets Africa 2024 awards.

Our team was led by Partners Hossam Gramon and Malak Khalil, assisted by Karima Seyam, Senior Associate, Associates; Aya Badr, Mohamed Elshenawy, Dina Sharshar, and Sadeem Abdelsalam, and Junior Associates, Hana Raouf, and Yosr Allam, with the support of Ehab Fedaa, Partner.

We had the pleasure of working alongside our distinguished colleagues at Clifford Chance, who acted as the international legal counsel to the MOF.

Zaki Hashem, Attorneys at Law acted as the local counsel, and Linklaters acted as the international counsel to the arrangers.

Congratulations to all the talented teams on successfully executing this groundbreaking deal.

For more information, you can check GFC Media Group presents Bonds & Loans coverage here.


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