People

Rana El-Nahal

Partner - Corporate and M&A

Ms. El-Nahal is a Partner in the Corporate and Mergers & Acquisitions (M&A) Group at Zulficar & Partners Law Firm. With over sixteen years of legal practice, she is a distinguished advisor specializing in mergers and acquisitions, joint ventures, private placements, corporate restructurings, debt settlements, business and asset transfers, and complex multiparty agreements. Recognized for her exceptional drafting and negotiation skills, Ms. El-Nahal provides strategic counsel to multinational corporations, sovereign funds, and regional conglomerates across diverse sectors, including healthcare, education, energy, telecommunications, and retail.

Ms. El-Nahal has been instrumental in executing some of the region’s most significant corporate transactions, earning a reputation as a trusted dealmaker and problem solver. Her expertise in navigating complex regulatory frameworks and delivering innovative solutions has earned her recognition as a “Notable Practitioner” by the International Financial Law Review (IFLR).

Representative Transactions

  • Acted as one of the lead partners representing Qalaa Holdings Restructuring Ltd I (QHRI) in connection with its offer to shareholders of Qalaa Holdings to participate in a debt purchase offer extended to foreign banks and institutions in respect of Qalaa Holdings’ outstanding debt in the amount of USD 230,998,471.
  • Acted as one of the lead partners representing Qalaa Holdings in a debt settlement with Banque Misr, Banque du Caire, Arab African International Bank, and Al Ahli Bank of Kuwait – Egypt for EGP 4.547 billion, as well as a debt restructuring and settlement with Arab International Bank totaling USD 184 million (EGP 8.90 billion).
  • Acted as lead partner representing Cleopatra Hospitals Group in connection with its partnership with Mumtada Medical Care Company.
  • Acted as lead partner representing ABC Egypt as local counsel in connection with the shareholders’ agreements relating to Arope Life Insurance and Arope Properties and Liabilities.
  • Acted as one of the lead partners advising Sika AG in its acquisition of a 50% stake in MBS Construction Chemicals Egypt and a 4% stake in MBS Construction Chemical Trading from United Holding Company and Middle East Sealants & Adhesives (MESA), each a subsidiary of Orascom Construction PLC.
  • Acted as one of the lead partners representing an international power developer in the transfer of three BOOT electricity complexes to a state entity.
  • Acted as one of the lead partners representing the majority shareholder of B.TECH in the indirect acquisition by the Public Investment Fund (PIF) of a 33.4% stake in B.TECH from a DPI vehicle.
  • Acted as one of the lead partners representing the shareholders of a leading Egyptian dairy production company in negotiations for the private placement and sale of a minority stake to a sovereign wealth fund.
  • Acted as one of the lead partners representing Galala University in the negotiation and execution of services and license agreements with Arizona State University, enabling students to obtain dual degrees from both institutions.
  • Acted as one of the lead partners representing the owner of an Egyptian university under establishment in the negotiation of a long-term management agreement with a prominent international higher education service provider.
  • Acted as one of the lead partners representing an education sector investor in the indirect acquisition of three Egyptian companies operating schools and nurseries.
  • Acted as one of the lead partners representing an investor in the acquisition of a minority stake in an international elementary school and nursery.
  • Acted as one of the lead partners representing a major food and beverage group in the sale of its industrial land plot and manufacturing plant.
  • Acted as one of the lead partners representing shareholders of a regional publishing house in a comprehensive restructuring involving asset transfers, business transfers, and share transfers.
  • Acted as one of the lead lawyers representing CIRA in a series of joint venture transactions, including (i) a joint venture with the Sovereign Fund of Egypt, (ii) a joint venture with Al Ahly Capital, and (iii) a joint venture with Innovette.
  • Played an active role in representing Cleopatra Hospital Company S.A.E. in connection with its acquisition of the business and assets of Bedaya.
  • Played an active role in representing Sika AG in connection with the mandatory tender offer successfully launched by its Egyptian subsidiary, Sika Egypt, for the shares of Modern Waterproofing Company.
  • Acted as one of the lead lawyers representing CIRA in connection with its indirect acquisition of a majority stake in BCCIS (British Columbia Canadian International School).
  • Acted as one of the lead lawyers representing R&R Ice Cream plc as local counsel in the formation of Froneri, a global 50/50 ice cream joint venture with Nestlé, combining R&R’s operations with Nestlé’s European and select international ice cream businesses.
  • Played an active role in representing Sanad Fund for MSME in connection with its acquisition of a minority stake in Global Leasing Company, a subsidiary of Wadi Degla EgyPro Holding Company.
  • Played an active role in representing B.TECH in connection with the private placement of a minority stake to a fund managed by Development Partners International (DPI).

Academic Qualifications

Ms. El-Nahal holds an LL.M. with Distinction from Georgetown University Law Center (2014), where she was named to the Dean’s List. She earned her Bachelor of Laws from Cairo University’s Faculty of Law, English Section (2008), receiving the Excellence Award in Economics.

Associations and Memberships

  • Egyptian Bar Association (since 2008)
  • Foreign Lawyers at Georgetown (2014)