Sarie Eldin & Partners Legal Advisors, in collaboration with ADI Capital, has successfully facilitated Sharia-compliant Islamic Mudarbah Syndicated Facilities totalling EGP 2.8 billion for Giza Systems and VAS Integrated Solutions, subsidiaries of Arabian Internet and Communication Services Company (solutions by STC). The consortium includes prominent banks such as Bank ABC-Egypt, Credit Agricole Egypt, Emirates NBD, […]
Banking & Finance
Capital Markets
Other
Latham & Watkins with Ardshinbank in HSBC Armenia’s Acquisition
Latham & Watkins has provided legal counsel to Ardshinbank, a prominent Armenian banking group, in its agreement with HSBC Europe B.V., a subsidiary of HSBC Holdings plc, for the acquisition of HSBC Armenia, a
Banking & Finance
Energy & Trading
Other
Trowers on the Financing for TNB’s Kuwait Power Plant Project
Trowers & Hamlins (‘Trowers’), an international law firm, has served as lead counsel in facilitating a successful financing totalling up to KWD 134.51 million provided by Al Ahli Bank of Kuwait to TNB Repair and Maintenance
Allen & Overy (A&O) and Gedik & Eraksoy collaborated on the financing of a 140km high-speed, low-carbon electric railway connecting Yerköy and Kayseri in the Ankara region of the Republic of Tü
International law firm, Baker McKenzie has served as legal counsel for lenders in a dual-tranche, multi-currency facility extended to Giza Systems and VAS Integrated Solutions, both subsidiaries of Saudi Telecom Company. The facility comprises a
Banking & Finance
Deal & transactions
E-Commerce
Other
Paymob expands into Oman by partnering with NBO
In a groundbreaking step towards fostering digital innovation and financial inclusion in Oman, the National Bank of Oman (NBO) proudly announces a strategic alliance with Paymob, a leading Payment Services Provider (PSP) recently authorized by
Dentons has advised Al Rajhi Bank on a SAR 1.9 billion murabaha facility agreement with Jabal Omar Development Company, one of the largest real estate developers in the region and a major listed company on the
Banking & Finance
Deal & transactions
Qatar
United Arab Emirates
Qatar International Islamic Bank’s Debut in Sustainable Sukuk Issuance
Dentons, has advised Qatar International Islamic Bank on its debut sustainable sukuk issuance. The US$500 million sustainable certificates, due in 2029, were issued by QIIB Senior Oryx Ltd, a special-purpose vehicle issuer incorporated in the Cayman
Fawry FMCG, a leading provider of financial technology solutions for the consumer goods sector, has announced a strategic partnership with Edita Food Industries, one of the largest food manufacturers in Egypt, to offer innovative
International law firm Clifford Chance has acted as legal counsel to Kuwait Finance House (“KFH”) on its inaugural issuance of US$1 billion senior unsecured trust certificates (“Sukuk”). These Sukuk, facilitated by KFH Sukuk Company as
