With the advent of the “open door” policy and the rapid rise of the role of the private sector in the economy under President Anwar El Sadat in the 1970s, the firm, under Aly El Shalakany’s leadership and vision, was able to seize the opportunity by leveraging its expertise and expanding exponentially to become one of the largest corporate law firms in Egypt and the Middle-East. In the ensuing decades, the firm continued to go from strength to strength and was actively involved in the majority of all leading corporate transactions taking place in the region. At the start of 2006, Aly El Shalakany’s son, Dr. Khaled El Shalakany, took over the reins and has successfully lead Shalakany and continued the firm’s legacy until the present day.