Nader Al Awadhi, Senior Partner at GLA & Company, has achieved a significant legal victory on behalf of First Investment Company (“FIC”), a publicly traded company on the Kuwait stock exchange. The triumph occurred in front of the Kuwait Court Bankruptcy Department, where Al Awadhi successfully advocated for the acceptance of a preventive settlement application, […]
Matouk Bassiouny & Hennawy (“MBH”) acted as the legal advisor and coordinator in securing a significant ten-year loan amounting to EGP 1.5 billion. This financing agreement was successfully concluded with the Commercial International Bank (“CIB”) and
Matouk Bassiouny & Hennawy (“MBH”) acted as the lead legal counsel to AfricInvest in connection with its investment in the British University in Egypt (“BUE”) to boost the university’s growth plans. The team advising
Dreny & Partners acted as legal counsel in the successful execution of a securitization transaction for the Egyptian Mortgage Refinance Company (EMRC). This financial operation involved EMRC’s mortgage finance portfolio, with a total value
Matouk Bassiouny & Hennawy (“MBH”) acted as the lead legal counsel to Beltone Financial Holding (“Beltone”) in connection with the signing of a share purchase agreement to acquire 100% of the shares in Cash Microfinance Company (“
Banking & Finance
Energy & Trading
Saudi Arabia
Eversheds Sutherland on the financial close of 2 Solar PV Projects
Eversheds Sutherland together with AlDhabaan & Partners in association with Eversheds Sutherland, advised Saudi Power Procurement Company, as the procurer and offtaker, for the Al Shuaibah 1 and Al Shuaibah 2 solar photovoltaic projects which achieved financial
Banking & Finance
Saudi Arabia
TMT
Clifford Chance: TAWAL secures $1.42b financing for tower acquisitions
International legal firm Clifford Chance has provided legal counsel to TAWAL, a subsidiary of Saudi Telecommunication Company (stc), in securing Shari‘a-compliant term loan and bridge finance facilities. These funds will facilitate the acquisition of
Banking & Finance
Saudi Arabia
Transport
A&O with Aljazira Capital in Axiom Space’s $350M Funding Round
International law firm Allen & Overy (A&O) has provided legal counsel to Aljazira Capital (AJC) as the anchor investor in Axiom Space’s latest funding round, raising USD350 million in Series C funding.
Banking & Finance
Food & Beverage
United Arab Emirates
White & Case on Almarai’s USD2B Trust Programme Update
Global legal firm White & Case has facilitated the successful update of Almarai’s substantial USD2 billion Trust Certificate Issuance Programme (the Programme), as well as overseeing the issuance of USD750 million Trust Certificates under
Banking & Finance
Capital Markets
Egypt
Matouk Bassiouny & Hennawy Advises Tasaheel on EGP 3.34 Billion
Matouk Bassiouny & Hennawy (MBH) is pleased to announce its role as legal counsel to Tasaheel for Financing S.A.E. (Tasaheel) in a significant securitization transaction amounting to EGP 3.34 billion. This transaction marks the
