Clifford ChanceClifford Chance has advised the sponsors Engie, Toyota Tsusho & Eurus and Orascom Construction in relation to the 500mw Red Sea wind energy project in Egypt. has advised the sponsors Engie, Toyota Tsusho & Eurus and Orascom Construction in relation to the 500mw Red Sea wind energy project in Egypt. Located on the shores of the Gulf of […]
Banking & Finance
IPOs
United Arab Emirates
White & Case advises on Al Ansari Financial Services IPO
Global law firm White & Case has advised Abu Dhabi Commercial Bank, EFG-Hermes and Emirates NBD Capital as joint global coordinators on the initial public offering (IPO) of Al Ansari Financial Services (Al Ansari), the
Global law firm White & Case and the Law Office of Megren M. Al-Shaalan have advised the arrangers and dealers on the establishment by Al Rajhi Banking and Investment Corporation of a USD4 billon Trust
Banking & Finance
Capital Markets
Egypt
ALC: Aur Leasing concludes EGP790m Securitized Bond Issuance
Private equity firm Aur Capital and Al Ahly Pharos have successfully concluded a securitized bond issuance worth EGP 790 million for Aur Leasing and Factoring. The issuance is backed by a portfolio of receivables valued at
Contact Financial, an Egyptian consumer finance company, has successfully completed an EGP 1.9 billion securitized bond issuance for its consumer finance arms Contact Creditech and Contact Credit. The issuance, which is supported by an EGP 2.9 billion
Banking & Finance
Energy & Trading
United Arab Emirates
Yellow Door Energy secures Multi-Million Dirham Debt Refinancing
Yellow Door Energy, a sustainable energy developer in the MENA region, has successfully secured a multi-million dirham debt refinancing partnership with the National Bank of Fujairah. The deal, advised by law firm Stephenson Harwood, will
Banking & Finance
Egypt
Energy & Trading
Shalakany advises lenders in the ras ghareb wind farm project
Shalakany has acted as local counsel to several foreign and local financial institutions (including Japan Bank for International Cooperation, the European Bank for Reconstruction and Development, and Sumitomo Mitsui Banking Corporation, the Norinchukin Bank, Socié
Appointments
Banking & Finance
Saudi Arabia
Ziad Touma named chief legal officer at Asyad Holding Group
Saudi-based investment management company, Asyad Holding Group has appointed Ziad Touma (pictured) as its chief legal officer. Touma brings a wealth of experience to the role, having served in a number of senior
Banking & Finance
IPOs
United Arab Emirates
Clifford Chance advises on Al Ansari Financial Services IPO
International law firm Clifford Chance has acted as international issuer’s counsel to Al Ansari Financial Services on its highly successful initial public offering (IPO) and listing on the Dubai Financial Market (DFM). Following the
Global law firm Dentons has provided legal counsel to the Islamic Development Bank (IsDB) on the issuance of USD2 billion trust certificates as part of its USD25 billion trust certificate issuance programme. The transaction, which
