Sherief Rashed

Partner, Cairo
[email protected]

Biography

Overview

Sherief Rashed is a partner of MHR & Partners in association with White & Case in Cairo. As part of our Energy, Infrastructure, Project and Asset Finance Group he is experienced in advising clients on project documents, project development, banking and project finance aspects of complex and cross border transactions including conventional and complex Islamic financing structures. Sherief has worked across the Middle East and until recently was based in the UAE. He has significant experience advising Egyptian corporate clients prior to joining White & Case Sherief worked for an international law firm in Cairo.
Bars and Courts
New York State Bar
The Egyptian Bar Association
Education
LLM
Harvard Law School
LLM
American University
Cairo
LLB
Cairo University
Languages
English
Arabic

Experience

Project Development and Finance
Energy

Large-scale LIWA Plastics petrochemical project Oman
Advised the arranging banks and the ECAs in connection with the US$6.4 billion project financing (including multiple ECA covered tranches) of the large-scale LIWA Plastics petrochemical project Oman owned by Oman Oil Refineries and Petroleum Industries Company ("ORPIC").

Sadara petrochemical project
Advised Saudi Aramco in connection with the US$20 billion Sadara petrochemical project (including on the islamic facility tranche), a joint venture with The Dow Chemical Company in Saudi Arabia.

EMAL Phase II project
Advised the lenders (involving Coface, Hermes and US EXIM) on the US$ multi-billion EMAL Phase II project in Abu Dhabi (including on the islamic facility tranche).

PtroRabigh Phase 2 Expansion
Advising Saudi Aramco in connection with the islamic financing aspects of the PetroRabigh Phase 2 expansion project.

Project finance for coal fired power plant, Egypt
Advised the project company in connection with the construction and development of a 2,640 MW coal fired power plant and associated facilities in Ayoun Moussa, Egypt.

Islamic Financing for Maridive Group Companies
Representation of the lenders in Dirhams825,750million (US$245 million) Islamic Ijara facilities for Maridive a publicly listed company in Egypt

Islamic financing for Zakhar Marine
the arranging banks in connection with the multi-tranche US$420 million leveraged Islamic financing for Zakher Marine International.

First Islamically financed syndicated leveraged recapitalization in UAE
Advised the lenders in Dirhams1.32 billion (US$360 million) Islamic Ijara facilities for Gulf Marine Services (GMS) the largest operator and owner of jack-up barges in the Middle East which was the first Islamically-financed syndicated leveraged recapitalization in the UAE.

UBS, Dubai
Advised UBS, Dubai in relation to an Islamic acquisition financing relating to a retail group in Saudi Arabia.

China Development Bank
Advised China Development Bank on the US$1.2 billion Islamic financing for an Indonesian telecommunications company.

First International Islamic financing for a Russian financial institution
Advised AK Bars Bank on the first international Islamic financing for a Russian financial institution.

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