The inauguration of this new office will take place on Thursday 12 April from 7 p.m. onwards at the Residence of the French Ambassador to Egypt and in the presence of his Excellency Stéphane Romatet, French Ambassador to the Republic of Egypt, Hubert Védrine, former French foreign affairs minister, Baudouin de Moucheron, partner in charge of Gide Cairo, as well as Xavier de Kergommeaux and Stéphane Puel, Senior Partner and Managing Partner of Gide. The ceremony will gather clients and representatives of the Egyptian and international community, and Gide's team in Cairo.
At the crossroads between Asia and Africa, Egypt has exceptional assets that now make it the top destination for foreign investment in Africa, with the European Union as a major investor and France as 5th investor worldwide.
Egypt is the second most populated country in Africa. Its demographic growth, as well as its remarkable geographic situation (over 2,540 km of coastline and access to two seas), make it a major economic platform in the world and a strategic destination for development for a number of private and public players. Some 130 French companies are already present in Egypt. Buoyed by strong economic development in particular in the fields of agri-food, transport, energy and infrastructure, the country should reach a 5% growth rate in 2018.
Gide wishes to be more actively involved in the development of French and international firms in this country, and to assist Egyptian companies in their international transactions, both in an advisory and litigation capacity.
Particularly active in the Middle East for nearly 30 years now, our firm has been working in Egypt for some time through its various offices in the region. It has extensive experience in investments, acquisitions, commercial contracts and international arbitration cases, projects (finance & infrastructure), compliance, as well as competition law.
Gide Cairo is headed by Baudouin de Moucheron, Gide partner since 1992, founder of the firm's Istanbul office and Senior Partner from 2012 to 2017. The team in Cairo comprises mainly lawyers of Egyptian origin, working in Arabic, English, French and German. It will work closely with lawyers specialising in all fields of business law and other Gide offices worldwide.
Gide Senior Partner Xavier de Kergommeaux and Managing Partner Stéphane Puel, indicate: "After opening our office in Iran in 2017, this new establishment in the MENA region is a strong sign of our presence in emerging countries. We are convinced that our long-standing integration in the region and the close relationships we have forged with local authorities represent solid assets for the development of our clients in Egypt."
Baudouin de Moucheron, partner in charge of Gide Cairo, adds: "I am very pleased that Gide has entrusted me with this task. The Egyptian market is very buoyant, and opening this office will enable us to fully support those companies looking to develop there. In order to assist them, we are setting up a local team of Egyptian lawyers, drawn from among the most talented of their generation. We are honoured to be able to celebrate this opening at the Residence of the French Ambassador to the Republic of Egypt."
>> Find out more about Gide in Cairo