Dr. Walid Hegazy has over 17 years of legal experience representing and advising clients on transactions and disputes involving the commercial laws and regulations of many Middle East countries, including: Egypt, UAE, the Kingdom of Saudi Arabia, Qatar and Libya. Dr. Hegazy’s main areas of expertise include, Islamic banking and finance, project financing, corporate restructuring and corporate governance. Dr. Hegazy has SJD (Doctor of Juridical Science) and LLM degrees from Harvard Law School in Cambridge, Massachusetts.
Before launching Hegazy & Associates, Crowell’s affiliated law firm in Cairo, Dr. Hegazy was heading the Islamic Finance Practice Group at the international law firm of Freshfields Bruckhaus Deringer (Dubai, UAE and Riyadh, KSA). The other international law firms at which Dr. Hegazy practiced law include: Fulbright & Jaworski (Houston, TX), Baker & McKenzie (Riyadh, KSA), White & Case (New York), Groupe Monassier (Paris), formerly known as “Monassier & Agassi,” and Zaki Hashem (Cairo).
• Representative Transactional Experience:
Advising One of the bidding consortiums in connection with the public schools project tendered by the Ministry of Finance and the General Authority of Educational Building
Advising BNP Paribas on a €7.2 billion facility providing for the financing of the acquisition by Lafarge, the world’s biggest cement maker, of Orascom Building Material Holding, Egypt.
Advising Saudi Telecom Company (STC) on its US$3.05 billion acquisition of a 25 per cent interest in the telecoms operator Maxis (Malaysia) and a 51 per cent interest in the telecoms operator NTS (Indonesia).
Advising Sorouh in connection with its US$1 billion Mudaraba-based Sukuk issue in the UAE.
Advising a major Saudi real estate investment group in connection with a SR1 .2 billion Murabaha facility.
Advising a major Saudi real estate developer in connection with structuring and documentation of Shari `ah-compliant facilities for the financing of a mix use real estate project in Mecca.
Advising Credit Suisse on a US$1.2 billion lease-backed securitization based in the Kingdom of Saudi Arabia, in which Walid developed an innovative Shari `ah-compliant structure based on the Islamic contract of Hawala (assignment of debt).
Advising STC on a US$950 million Musharaka-based Sukuk issuance as part of the Maxis and NTS Project.
Advising The Government of the Kingdom of Saudi Arabia on developing Shariah-compliant structures for the financing of infrastructure projects.
Advising Saudi British Bank (SABB) on structuring its model Murabaha agreement.