We are pleased to announce that we have advised on the successful completion of a cash capital increase for Alstom Egypt for Transport Projects in the amount of EGP 1,148,521,600 (one billion one hundred forty-eight million five hundred twenty-one thousand six hundred Egyptian pounds), following the receipt of all required approvals from the Financial Regulatory Authority (FRA) and the General Authority for Investment and Free Zones (GAFI).
This milestone transaction represents a significant corporate and regulatory achievement for Alstom Egypt for Transport Projects, a leading multinational company with a long-standing presence in Egypt and a proven track record in the delivery of large-scale transportation and infrastructure projects, including rail, metro, and integrated mobility solutions of strategic national importance. The capital increase reflects Alstom Egypt’s continued investment in, and long-term commitment to, the Egyptian market.
The transaction required extensive regulatory coordination and careful structuring to ensure full compliance with the applicable corporate and regulatory frameworks governing capital increases in Egypt, reflecting both the scale and complexity of the matter.
Our legal team was led by Helal El-Hossary, Partner and Head of Capital Markets & Corporate Procedures, and included Senior Associates Islam Diab and Khalid Al-Melegi, as well as Mohamed Abou El-Enain, Associate. The team advised on the structuring and implementation of the capital increase, coordinated closely with the relevant authorities to secure the necessary approvals, and managed the drafting and execution of all required corporate and regulatory documentation.
We congratulate Alstom Egypt for Transport Projects on the successful completion of this important transaction and extend our appreciation to Rana El-Said, Legal Director, for her professionalism, responsiveness, and constructive collaboration throughout the process.