Pure Harvest Smart Farms (“Pure Harvest”), sustainable technology-enabled agribusiness headquartered in the United Arab Emirates, raised USD $180.5 million in their latest funding round. The oversubscribed funding round was led by existing investors including South Korea’s IMM Investment, the UK’s Metric Capital Partners and Saudi Arabia’s Olayan Group, as well as other existing investors and […]
Tanmeyah Microfinance Services acquires Fatura Netherlands
Tanmeyah for Microfinance Services (‘’Tanmeyah”), a wholly-owned subsidiary of EFG Hermes Holding, has successfully completed the acquisition of Fatura Netherlands (“Fatura”). Fatura is a tech-driven Business-to-Business (B2B) platform with a regional footprint
Linklaters: nogaholding refinance & upsize its USD1.6bn Murabaha Facility
The Oil and Gas Holding Company (nogaholding), has successfully closed refinancing and upsizing of its USD1.6bn Murabaha Facility to USD2.2bn. The new facility was structured as a dual-tranche (conventional and Islamic) loan employing
Meysan Partners: Jadwa Investment acquires into Dabdoob Holdings
Jadwa Investment (“Jadwa”), an investment management and advisory firm in the Middle East with SAR 66.4 billion in client assets under management and advisement., enters into its first regional venture capital investment through Jadwa E-Commerce Opportunities
Baker McKenzie: EFG Hermes and valU in two transactions in
Baker McKenzie has advised EFG Hermes and its buy-now-pay-later (BNPL) fintech platform, valU for consumer finance (valU), on two planned strategic ttransactions. The first of which is the acquisition by valU of a stake
Abu Dhabi’s IHC and Alpha Dhabi to invest USD50m in
Abu Dhabi-listed companies International Holding Company (IHC) and its subsidiary Alpha Dhabi will invest a combined amount of USD50 million in Space Exploration Technologies Corporation (SpaceX). IHC, which already has a stake
PwC Middle East invests in AWS Premier Consulting Partners Zero&One
PwC Middle East enters into a strategic investment in Zero&One, Amazon Web Services (AWS) Premier Consulting Partners in the region. Zero&One supports clients’ growth through delivering AWS services
Qatari Diar secures green loan for Chelsea Barracks development
Qatari Diar Real Estate Company, an establishment of Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, has secured GBP400 million (USD 491,880,000) in green loan financing for their London based development Chelsea
DP World and CDPQ investment of USD5 billion in UAE
DP World and CDPQ, a global investment group, announced an investment of USD5 billion in three of DP World’s flagship UAE assets. Under a joint venture structure, Canadian investment group CDPQ will take
Umera Ali joins Dentons’ Middle East Banking and Finance Practice
Dentons has expanded its Middle East Banking and Finance practice with the hire of Saudi-focussed partner Umera Ali (pictured). Ali has significant experience of advising a global client base having worked in six jurisdictions