El Wakeel Law Firm Advised Dallah Albaraka Group On Strategic Partnership With Palm Hills Developments
El Wakeel Law Firm advised Dallah Albaraka Group on Strategic Partnership with Palm Hills Developments
The leading legal practice in Egypt, El Wakeel Law Firm advised Dallah Albaraka Group on its strategic partnership with Palm Hills Developments for the development of a 97-feddan integrated residential project in East Cairo, with projected revenues of EGP 29 billion.
The agreement grants Palm Hills a 67% share of project revenues in return for development and marketing, while Dallah Albaraka retains land ownership. This collaboration marks a significant milestone in Dallah’s expansion in Egypt’s real estate sector.
The transaction was led by Omar Abdeen (Head of Corporate), with support from Hussien Moharram (Junior Corporate & Contracts Lawyer) and Nermeen Samy (Associate), under the supervision of Tamer El Wakeel (Managing Partner).
El Wakeel Law Firm (WLF) is a legal practice operating in Egypt and the GCC region. They provide a range of legal services, including advising clients on corporate law, commercial law, and dispute resolution.
If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.
