Manakhly & Associates represents mostly transnational companies from Europe, Turkey and the Middle East. The firm practices: ADR; arbitration; aviation accidents; banking law; competition law; computer crime; e-commerce; franchising; intellectual property; import and export; international investments; international trade; and Islamic law.

Ossama El-Manakhly believes that the qualities that distinguish the firm from its competition are its trust worthiness, its ability to guard secrets of business, and the fact that its clients are partners of its successes. He commented:

“We in Manakhly & Associates have a vision in our legal profession: to serve our clients as if they are the sole client in our firm. This means the client should have a direct connection to his lawyer in Manakhly & Associates, should have the best service and legal advice, should have the shortest time if possible and lesser expenses.

“We consider our clients as our partners, and we believe in that trust of client is our proud and real value.”

As to our concept, that our clients are our partners we represent

TELEFONKEN (TSB) radio & radar systems

JHK (Maritime engineering, construction and maintenance )

Net lounge International (internet and computer systems)

BIKE-BOARD Egypt (Member of BIKE BOARD International)

AFRO TURK Corporation ( Turkish investment group)

First Projects (General engineering and steel construction)

 

Commenting on the business environment in the Middle East, Mr El-Manakhly noted that the environment is calm and there are high profits.

“Doing business in Middle East is not as it seems, tough, but it is really easy for the people who know what they are doing, innovation is the best business could be done in the region” he commented.

He explained that the system in the region is flexible enough to break bureaucracy that the region was famous for. Also, high consumption of most products is high enough to make great profits, and this makes the region attractive for foreign investors.

There are several benefits to launching a business in the Middle East, and to listing on the stock exchanges of the region, according to Mr El-Manakhly.

“It allows human resources to hire foreigners, low rates of taxation, low rates of land property ownership (for corporate), 100% of ownership for none citizens, stock markets provide good opportunity to grow in Middle East .”

Mr El-Manakhly believes that the global economic crisis had a limited effect on the Middle East, noting that “the Arab economies did OK during the crisis, and many countries (except for Dubai) had the minimum effect in this regard.”

Commenting on his predictions for 2011, he explained that he expects to see many investors establishing legal entities in at least 25% of countries in the region, mainly from countries which were affected by the economic downturn.

In conclusion, Mr El-Manakhly commented:

“We are working on a project for a business guide for foreign investors in North Africa, we wish to launch it during 2011 and start the second part regarding the Gulf area guide by the same year. We wish to be the unique players in the field of international business law in the region.”

 
Ossama El-Manakhly




 

Legal Insurance

We launch our Legal Insurance service which is unique in Egypt to give our clients comfort while working and living, you will be able to do your job with clear mind while we are taking care of your daily legal issues for you, 

you can  navigate through legal-insurance.php  page to know fees and service.


  

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