Arab Company for Projects and Urban Developments S.A.E.’s Sukuk Bonds Offering


Helmy, Hamza & Partners, member firm of Baker & McKenzie International, advised Arab Company for Projects and Urban Developments S.A.E. on the offering.

Arab Company for Projects and Urban Developments S.A.E., a subsidiary of Talaat Moustafa Group Holding, issued a sukuk program with a value of EGP 2 billion due to 2024.

Arab Company for Projects and Urban Developments S.A.E is a private company operating within the real-estate sector under TMG Holding, providing real-estate property investment, development and management.

The Helmy, Hamza & Partners team was led by Partner Mohamed Ghannam (Picture), Partner Lamyaa Gadelhak,

Counsel Mostafa El Sakaa, and also included Senior Associate Mohamed El Harmy, Associate Farah Abdel Rahman and Capital Markets Specialist Sameh Belal.

Involved fees earner: Farah Abdel Rahman – Baker McKenzie; Sameh Belal – Baker McKenzie; Mohamed El Harmy – Baker McKenzie; Mostafa El Sakaa – Baker McKenzie; Lamyaa Gadelhak – Baker McKenzie; Mohamed Ghannam – Baker McKenzie;

Law Firms: Baker McKenzie;

Clients: Arab Company for Projects and Urban Developments S.A.E.;

Author: Andrea Canobbio