The Arab Republic of Egypt is a 1 million sqkm-wide country gathering more than 96 million inhabitants, making it the most populated country in North Africa, and the 3rd in whole Africa. Most Egyptians live near the Nile River, most of the other regions being part of the Sahara Desert. One of the first nation states to have emerged in the world, Ancient Egypt is considered a cradle of civilization.
Since 2016, Egypt has been the 2nd largest economy in Africa, overtaking South Africa. The Egyptian economy is dominated by agriculture, energy (petroleum, natural gas), media, and tourism. Overseas Egyptians also mainly contribute to the country’s wealth.
French-Egyptian trade reach 2 billion euros in 2015, of which French exports accounted for 1.5 billion €. French Foreign Direct Investments’ flow (FDI) totaled 250 million dollar in 2015-2016. 160 subsidiaries of French companies are present in Egypt, employing nearly 30 thousand people.
In this context, Simon Associés entered into a strategic alliance agreement with Matouk Bassiouny Law Firm.
Matouk Bassiouny is a full-service independent law firm based in Cairo, specialized in advising multinationals, corporations, financial institutions and governmental entities on all legal aspects of investing and doing business in Egypt and the region. Matouk Bassiouny law professionals practice: Corporate and M&A, Finance and Projects, Capital Markets, Dispute Resolution.
Matouk Bassiouny ranked “Top Tier Firm in Mergers and Acquisitions (Band 1)", “Top Tier Firm in Capital Markets (Band 1)", “Top Tier Firm in Banking", “Top Tier Firm in Project Finance" in IFLR 1000, in 2015. Legal 500 also rewarded the firm “Leading Law Firm in Corporate and M&A (Band 1)", “Leading Law Firm in Dispute Resolution (Band 1)", “Leading Law Firm in Oil and Gas (Band 1)", “Leading Law Firm in Banking and Finance", “Leading Law Firm in Projects and Infrastructure" in 2014. The same year, Matouk Bassiouny also ranked “Leading Law Firm in Corporate and M&A (Band 1)", “Leading Law Firm in Banking and Finance", "Leading Law Firm in Dispute Resolution".