Moove, the global mobility fintech dedicated to democratizing vehicle ownership for mobility entrepreneurs, has announced a significant achievement today with the closure of a $100 million Series B funding round. The investment, led by Mubadala Investment Company (Mubadala) and joined by Uber, underscores Moove’s position as a key player in the evolving landscape of global […]
With Group General Counsel Spyros Zampelis (pictured) at the helm of its legal department, Almarai Company, one of the Middle East’s largest dairy company, has announced its comprehensive investment strategy for the upcoming
Banking & Finance
TMT
United Arab Emirates
Trowers Advises Core42 On Securing Strategic Loan Facility
International law firm Trowers & Hamlins has acted as the English and UAE counsel to Injazat Data Systems in relation to a secured term loan facility availed from Abu Dhabi Commercial Bank. Injazat, now
Banking & Finance
United Arab Emirates
Latham & Watkins Advises Investcorp on USD800M Financing Deal
Latham & Watkins has provided legal counsel to Investcorp Capital plc (Investcorp) on securing a significant US$800 million credit facility. This facility, arranged by a consortium of regional and international banks, underscores the strong support
Banking & Finance
Energy & Trading
United Arab Emirates
UAE’s Barakah Plant: Asia & Africa’s First Green Loan Facility
The Barakah Nuclear Energy Plant’s AED8.89 billion refinancing, hailed as a Green Loan Facility, marks a pivotal step in reinforcing its vital role in rapidly decarbonizing the UAE’s power grid. Recognized
Banking & Finance
Egypt
Real Estate, Construction & Infrastructure
MBH Advises Beyond Sky in EGP 3.05 Billion Facility Agreement
Matouk Bassiouny & Hennawy (MBH) provided legal counsel to Beyond Sky for Real Estate Projects (Beyond Sky) in securing a syndicated long-term facility agreement worth EGP 3.05 billion. The agreement, facilitated by Banque Misr as the
Banking & Finance
Deal & transactions
United Arab Emirates
ADIO and Western Australia Forge Economic Partnership
The Abu Dhabi Investment Office (ADIO) strengthens Abu Dhabi’s ties with Western Australia through collaboration with the Department of Jobs, Tourism, Science, and Innovation. This partnership aims to foster economic growth by exploring shared
Banking & Finance
Egypt
Real Estate, Construction & Infrastructure
Egypt Invests USD3 Million in Green Tourism Initiative with UNIDO
The Ministry of Environment witnessed the signing of the “Green Hurghada” project agreement between the United Nations Industrial Development Organization (UNIDO) and the Environmental Affairs Agency, funded by the Global Environment Facility, with investments exceeding
Banking & Finance
Capital Markets
Deal & transactions
United Arab Emirates
Three Alpha Dhabi Subsidiaries Targeted in Acquisition Deal
Abu Dhabi-based investment firm Alpha Dhabi is in the spotlight after receiving a notable acquisition offer for three of its subsidiaries. The offer comes from the National Corporation for Tourism and Hotels (NCT&H).
Investcorp Capital plc, a subsidiary of Abu Dhabi-based alternative investor Investcorp, has finalized a significant financial agreement by securing a USD 800 million revolving credit facility (RCF) from a consortium of regional and international banks. The
