Allen & Overy (A&O) provided counsel to CFG Bank (CFG) as the issuer embarked on its initial public offering (IPO) on the Casablanca Stock Exchange (CSE). CFG anticipates raising approximately MAD600 million through the issuance of new shares at MAD 110 each on the CSE’s main market. This marks the solitary IPO on the Moroccan […]
Banking & Finance
Capital Markets
Restructurings
United Arab Emirates
Financial Hub DIFC Witnesses Surge in Global Hedge Fund Migration
Dubai’s International Financial Centre (DIFC) has emerged as a magnet for globally renowned hedge funds, marking a significant surge in the migration of top-tier financial entities to the Middle East, Africa, and South Asia (
Global law firm Clifford Chance has successfully guided a syndicate of international banks, led by Bank of China and ING, in securing an unprecedented US$3.9 billion financing deal for the development of a nationwide 4G
Investcorp Capital (Investcorp) has successfully completed its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), with Latham & Watkins serving as legal advisors to the underwriters and Clifford Chance as international issuer’
Banking & Finance
Deal & transactions
Saudi Arabia
GLA & Co secures Dual Clearance for Apollo’s Global Transaction
Regional law firm GLA & Company (“GLA & Co“)has achieved a exceptional milestone by obtaining merger control clearance from both the Kuwait Competition Protection Agency (CPA) and the KSA General Authority for Competition (GAC)
Matouk Bassiouny & Hennawy (“MBH”) served as legal counsel for Mashroey Trading Company (“Mashroey”) in a significant EGP 407 million securitization transaction. This marks the fourth issuance under the second securitization program of Capital Securitization Company,
Banking & Finance
IPOs
United Arab Emirates
Clifford Chance: Investcorp’s Record-breaking IPO and ADX listing
International law firm Clifford Chance acted as international issuer’s counsel for Investcorp Capital (Investcorp), a prominent Middle East alternative asset manager, in its historic initial public offering (IPO) and subsequent listing on the Abu
Banking & Finance
Egypt
Real Estate, Construction & Infrastructure
MBH: Hassan Allam secures USD 200M Afreximbank Facility
Matouk Bassiouny & Hennawy (‘MBH’) has provided legal counsel to Hassan Allam Construction and its affiliated entities within the Hassan Allam Group on a USD 200 million facility extended by the African Export-Import Bank (Afreximbank). This
The London and Dubai teams at Latham & Watkins have played a pivotal role in advising Tamara, a leading shopping and payments platform in Saudi Arabia and the broader Middle East, on securing an additional
Matouk Bassiouny & Hennawy (MBH) acted as legal counsel to the Arab African International Bank (AAIB) for a medium-term facility contract worth EGP 3.5 billion with Tatweer Misr. The financing, split into EGP 1.7 billion and EGP 1.8
