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 including cloud adoption, AI and machine learning, data and analytics and more. This strategic investment brings together PwC’s expertise in digital consulting and Zero&One’s deep competencies, thus empowering […]
Banking & Finance
Qatar
Real Estate, Construction & Infrastructure
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
Banking & Finance
Transport
United Arab Emirates
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
Appointments
Banking & Finance
Saudi Arabia
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
Appointments
Banking & Finance
United Arab Emirates
Tabarak Investment appoints Nabil Azar as chief legal officer
Private equity firm, Tabarak Investment has named Nabil Azar (pictured) as its new chief legal officer. Azar is a legal expert in the field of banking and finance. He joins Tabarak Investment for the
Banking & Finance
Deal & transactions
Egypt
United Arab Emirates
FAB Egypt and Bank Audi Egypt finalize merger creating FABMISR
First Abu Dhabi Bank – FAB Egypt has completed the legal merger of Bank Audi Egypt, where all the bank’s assets in Egypt will accordingly operate under FAB’s newly introduced brand identity “
Banking & Finance
Capital Markets
Egypt
EBRD, Amethis and SPE Capital acquire GlobalCorp. The advisors
A consortium of investors made up of the European Bank for Reconstruction and Development (EBRD), French financial fund manager Amethis and private equity firm SPE Capital has acquired a majority stake in GlobalCorp for
Banking & Finance
Transport
United Arab Emirates
Al Seer Marine completes a USD 135 million financing. The advisors
Al Seer Marine, a global player in several maritime sectors and a subsidiary of International Holding Company, has closed a financing transaction of USD135 million for the construction of its two very large LNG carriers.
Banking & Finance
Food & Beverage
Saudi Arabia
Allen & Overy advises Prosus on its Series C investment
Allen & Overy has advised Prosus, a global technology investors, as lead investor on a USD170 million Series C funding round by Foodics, a cloud-based technology and payment platform for restaurants in the MENA region.
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Freshfields in Hayfin’s investment in the Imperial Avenue real estate
Asset management firms, Hayfin, has invested in the Imperial Avenue real estate project located in Downtown Dubai, UAE. The project is being developed by Shapoorji Pallonji International Real Estate Development (SPIPD), the development
