Sponsored briefing: Q&A with Matouk Bassiouny in association with AIH Law Firm

Sponsored briefing: Q&A with Matouk Bassiouny in association with AIH Law Firm

Can you give our Legal Business readers an overview of Matouk Bassiouny’s practice in Sudan?

Matouk Bassiouny in association with AIH Law Firm (MBAIH) was established in 2016, the first regional firm to open in Sudan, as a result of a co-operation of more than ten years on Sudanese matters in between Matouk Bassiouny and AIH Law firm. MBAIH aims to service clients and law firms seeking advice on Sudanese matters in areas including corporate and M&A, finance and projects and dispute resolution.

What do you see as the main points that rank Matouk Bassiouny as a leading firm in the Sudanese legal business market?

MBAIH aims to serve its clients with all legal needs relating to their business activities. We always adopt a practical, commercial approach that ensures compliance with laws, while navigating the complex administrative aspects. Our ultimate mission, and metric of success, is creating value for our clients.

Given the problems created by the Covid-19 pandemic, how is this affecting your firm and the legal business market generally in the Sudan?

When Covid-19 hit Sudan, Sudan was already in a complex process of rebuilding its political system, following the Sudanese Revolution. Because of the political events, judicial and administrative functions were irregular, which made simple legal tasks (eg, obtaining a permit for a client), challenging. Covid-19 compounded that reality even more. However, we have witnessed an effort for flexibility from Sudanese judicial and administrative officials, which has helped mitigate the issue. The firm has had to considerably upgrade and optimise its IT infrastructure to ensure minimal work disruptions.

Can you talk about any trends or changes in the landscape you are seeing emerge in the Sudanese legal business market?

The Sudanese legal market is rapidly changing, in pace with the changing business environment. Now that US sanctions are lifted, we are seeing an influx of foreign investments, and local entrepreneurial initiatives that are driving the legal market to be more responsive, and commercially minded.

How is your firm positioned for an anticipated resurgence in activity in the Sudanese legal business market?

We constantly ensure that our fee-earners have the sufficient knowledge and training to understand and efficiently answer our clients’ needs. We are able to draw on our regional experience (in Egypt, Algeria and the UAE) to provide the clients with tailored advice.

Which sectors are/will be of most interest to foreign investors, and why?

Agriculture and mining will continue to be important sectors. We also expect a strong uptick in the interest for transport and logistics project, fintech, and general banking sectors.

Are there any main changes which you have personally made within the firm that will benefit clients?

I launched our firm’s regional initiative to establish sector groups that ensure sector knowledge always goes hand in hand with legal knowledge.

What has been your greatest achievement, in a professional and personal capacity?

I would say my team. I always aim to hire and work with people that complement my gaps in knowledge and approach.

For more information, please contact:

Mahmoud S. Bassiouny, regional managing partner, regional head of finance and projects

E: mahmoud.bassiouny@matoukbassiouny.com
www.matoukbassiouny.com

Sponsored firm focus: Focus on Matouk Bassiouny in association with AIH Law Firm

Sponsored firm focus: Focus on Matouk Bassiouny in association with AIH Law Firm

Khartoum South, Plot No. 3, Block No. 1/KH, Khartoum, Sudan

T: +(249) 183 483344 | E: info@matoukbassiouny.com | W: www.matoukbassiouny.com

Practice areas: Corporate and M&A, capital markets, dispute resolution, and finance and projects

Firm profile

Matouk Bassiouny is a leading, full-service MENA law firm with offices in Algiers, Algeria (Matouk Bassiouny in association with SH-Avocats), Cairo, Egypt (Matouk Bassiouny & Hennawy), Abu Dhabi and Dubai, UAE (Matouk Bassiouny) and Khartoum, Sudan (Matouk Bassiouny in association with AIH Law Firm), as well as a country desk covering our Libya practice. Our four offices are strategically located to better serve our clients’ business interests across the entire MENA region.

Our team of over 200 lawyers specialises in advising multinationals, corporations, financial institutions and governmental entities on all legal aspects of investing and doing business in the MENA region.

Trained both locally and internationally in civil and common law systems, our lawyers are deeply ingrained with international best practices and are fully conversant in English, Arabic and French.

Our firm collectively has access to a vast amount of knowledge and experience. We harness this knowledge via our 16 sector-focused groups that support our practice groups. We are therefore able to deliver legal services catered to the industry-specific needs of our clients. Our mission is to find the most innovative and cost-effective solutions for our clients, as we understand that our clients need to drive maximum value from their legal spending. We do this by maintaining a proactive commercial approach to all our legal services.

Team profile

Matouk Bassiouny and AIH Law firm joined forces in 2017 to create Matouk Bassiouny in association with AIH Law Firm, a full-service Sudanese business law firm in Khartoum. We are the first regional firm to open in Sudan. We offer a wide variety of services in the fields of corporate and M&A, finance and projects and dispute resolution. Our ultimate mission, and metric of success, is creating value for our clients.

Mahmoud S. Bassiouny, regional managing partner, regional head of finance and projects, Matouk Bassiouny in association with AIH Law Firm

At a glance: Matouk Bassiouny in association with AIH Law Firm

Headcount: 200+ lawyers, 24 partners, 100+ support staff

Offices: Algiers, Algeria; Abu Dhabi, UAE; Cairo, Egypt; Dubai, UAE; Khartoum, Sudan

Key clients: CDC Group, Uber, Etisalat Misr, Pfizer, LafargeHolcim, Lekela Power, First Abu Dhabi Bank, Development Partners International, Hassan Allam, Hilton

Sponsored firm focus: Focus on Matouk Bassiouny UAE

Sponsored firm focus: Focus on Matouk Bassiouny UAE

Office 601, Maze Tower, Sheik Zayed Road, Dubai, UAE

T: +(971) 4289 2195 | E: dubaiinfo@matoukbassiouny.com | W: www.matoukbassiouny.com

Practice areas: Corporate and M&A, capital markets, dispute resolution, and finance and projects

Firm profile

Matouk Bassiouny is a leading, full-service MENA law firm with offices in Algiers, Algeria (Matouk Bassiouny in association with SH-Avocats), Cairo, Egypt (Matouk Bassiouny & Hennawy), Abu Dhabi and Dubai, UAE (Matouk Bassiouny) and Khartoum, Sudan (Matouk Bassiouny in association with AIH Law Firm), as well as a country desk covering our Libya practice. Our four offices are strategically located to better serve our clients’ business interests across the entire MENA region.

Our team of over 200 lawyers specialises in advising multinationals, corporations, financial institutions and governmental entities on all legal aspects of investing and doing business in the MENA region.

Trained both locally and internationally in civil and common law systems, our lawyers are deeply ingrained with international best practices and are fully conversant in English, Arabic and French.

Our firm collectively has access to a vast amount of knowledge and experience. We harness this knowledge via our 16 sector-focused groups that support our practice groups. We are therefore able to deliver legal services catered to the industry-specific needs of our clients. Our mission is to find the most innovative and cost-effective solutions for our clients, as we understand that our clients need to drive maximum value from their legal spending. We do this by maintaining a proactive commercial approach to all our legal services.

Team profile

Matouk Bassiouny established its Dubai location in 2018, and since then has quickly established itself as one of the leading local law firms in the UAE. Led by our UAE office managing partner, Jirayr Habibian, our lawyers are experts in advising on all aspects of UAE law. Our Dubai and Abu Dhabi offices are well placed to provide local legal support across the GCC.

We advise both local and international companies on a full range of issues from contentious and non-contentious corporate and commercial matters.

At a glance: Matouk Bassiouny UAE

Headcount: 200+ lawyers, 24 partners, 100+ support staff

Offices: Algiers, Algeria; Abu Dhabi, UAE; Cairo, Egypt; Dubai, UAE; Khartoum, Sudan

Key clients: CDC Group, Uber, Etisalat Misr, Pfizer, LafargeHolcim, Lekela Power, First Abu Dhabi Bank, Development Partners International, Hassan Allam, Hilton

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Law firms’ strategies in the Middle East and Asia continue to diverge, meanwhile, with Winston & Strawn concluding its five-year spell in Dubai as Cooley confirmed its third office launch in less than a year by opening in Singapore. Continue reading “International roundup: Dentons enters Ireland and Cooley steps into Singapore as Winston leaves the Middle East”

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The global economy is slowing and so too is the Middle East. In April, the International Monetary Fund (IMF)almost halved this year’s growth forecast for the MENA region to 1.3%, from its previous estimate of 2.5% in October 2018. Dragging everything down is the oil sector – particularly in Saudi Arabia – US sanctions in Iran, and geopolitical tensions in other economies such as Iraq, Syria and Yemen.

But such downgrades are no surprise for lawyers in the region. ‘There is no doubt the region is going through a downturn,’ says Richard Gimblett, resident managing partner of the Dubai arm of Holman Fenwick Willan (HFW), which has more than 50 lawyers across its offices in Riyadh, Dubai, Kuwait City and Abu Dhabi. ‘The volatile price of oil obviously hasn’t helped. These are still largely petro-economies, although they are trying to diversify.’ Continue reading “The Middle East: The rough with the crude”

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Client Intelligence Report: Data View – Middle East Focus

Client Intelligence Report: Data View – Middle East Focus

Demonstrating value is paramount for all in-house legal teams, concerned as it is with how legal work intersects with business objectives and strategy. When measured against the global data, firms in the Middle East reported that they demonstrated value mainly via the same two criteria as the rest of the world; through the commercial aspect of their advice and their risk mitigation abilities. However, the Middle East reported that commercial and business advice was the most important characteristic by a far larger margin than the average. In the Middle East, this was the most prized metric for measuring value added for 46% of respondents, as opposed to 38% in the global average. This implies that legal teams in the Middle East are more likely than average to be relied upon to contribute to the strategic direction of the company. This links in with Middle Eastern general counsel’s greater likelihood of being part of the management structure of their businesses, and shows that in-house legal professionals here are often more integrated with the business than the global norm. Continue reading “Client Intelligence Report: Data View – Middle East Focus”