Latham & Watkins advised on Emirates Nuclear Energy Corporation (ENEC) US$2.42 billion refinancing of the Barakah Nuclear Energy Plant project. The Barakah Plant refinancing is the first nuclear project in the MENA region and Asia recognized as a green loan. Positioned – according to the classification – at the forefront of clean financing instruments for […]
Dentons advised the Islamic Development Bank (IsDB) on the issuance of US$2 billion trust certificates under its US$25 billion trust certificate issuance programme. Dentons acted as an advisor for the IsDB on the issuance of
Banking & Finance
Real Estate, Construction & Infrastructure
Property Finder’s financing from Francisco Partners
White & Case has advised Property Finder, a Dubai-based real estate platform that operates primarily in the UAE and has recently expanded into Qatar, Bahrain, Egypt, Saudi Arabia and Turkey, on its US$90 million in
Dentons advised Kuwait International Bank on its US§300 million Tier 1 capital sukuk issuance, with local international banks acting as joint lead managers and bookrunners for the transaction. The Tier 1 capital sukuk was issued by KIB
Simmons & Simmons advised Aditum Investment Management, a DFSA regulated asset management firm, on the launch of the first operational fund platform based in the Dubai International Financial Centre (DIFC). Its launching follows recent reforms
Zaki Hashem & Partners announced its advisory role in the establishment of Noqood Finance SAE. The firm has successfully guided Noqood Holding in obtaining a license from the Financial Regulatory Authority for the newly established
Background
Banking & Finance
IPOs
Other
Updates
Al Yaqout and Al Fouzan advise on the acquisition Proximus
In a landmark deal that reshapes the digital communications landscape, Proximus Opal has acquired a majority stake in Route Mobile, a prominent player in the cloud communication platform sector. The transaction, valued at $721 million, grants
Banking & Finance
Deal & transactions
IPOs
United Arab Emirates
Meysan Advises Agility on USD 4.5 Billion ADX Debut
In a significant development, Meysan has successfully advised Agility Public Warehousing Company KSCP (“Agility”) on its direct listing on the main market of the Abu Dhabi Securities Exchange (ADX). The listing involved shares in Agility’
Banking & Finance
Capital Markets
Deal & transactions
Industrial
Real Estate, Construction & Infrastructure
Restructurings
Saudi Arabia
BlackRock and KSA PIF Sign Investment Management MoU
BlackRock, the world’s largest asset manager, has entered into a non-binding Memorandum of Understanding (MoU) with the Public Investment Fund (PIF) of Saudi Arabia. The MoU outlines the establishment of BlackRock Riyadh Investment Management (
In a significant legal transaction, ADSERO – Ragy Soliman & Partners has successfully advised Elsewedy Capital Holding on the sale of 51% of the share capital of Easy Lease to Al Ahly Capital Holding (ACH), the investment
