Dentons has advised Al Rajhi Bank on a SAR 1.9 billion murabaha facility agreement with Jabal Omar Development Company, one of the largest real estate developers in the region and a major listed company on the Saudi Tadawul Stock Exchange. The two-year facility, backed by a Ministry of Finance guarantee, aims to expedite the completion […]
Qatar International Islamic Bank’s Debut in Sustainable Sukuk Issuance
Dentons, has advised Qatar International Islamic Bank on its debut sustainable sukuk issuance. The US$500 million sustainable certificates, due in 2029, were issued by QIIB Senior Oryx Ltd, a special-purpose vehicle issuer incorporated in the Cayman
Fawry FMCG, a leading provider of financial technology solutions for the consumer goods sector, has announced a strategic partnership with Edita Food Industries, one of the largest food manufacturers in Egypt, to offer innovative
Clifford Chance Facilitates KFH’s $1 Billion Sukuk Offering
International law firm Clifford Chance has acted as legal counsel to Kuwait Finance House (“KFH”) on its inaugural issuance of US$1 billion senior unsecured trust certificates (“Sukuk”). These Sukuk, facilitated by KFH Sukuk Company as
OQ, Oman’s state-backed energy investment company, with General Counsel Abdulwahhab Al Hinai (pictured) at its legal helm, has made a significant investment of over $2 billion in three key projects in the Musandam governorate. These
Dentons Facilitates Kuwait Finance House $1B Sukuk Issuance
International law firm, Dentons has provided legal counsel to the international and regional joint lead managers in the establishment of a US$4 billion trust certificate issuance program by Kuwait Finance House (KFH). The issuance involved
Dentons: ADIB on Aldar’s AED 1B Sustainability-Linked Financing
Global law firm, Dentons has played a pivotal role on behalf of Abu Dhabi Islamic Bank (ADIB) in securing an AED 1 billion sustainability-linked financing for Aldar Properties (Aldar). In this groundbreaking financing arrangement, Aldar has
MBH with Ezdehar Management in $10Mil Investment in Yodawy
Egypt-based private equity firm Ezdehar Management has acquired a minority stake in Yodawy through Ezdehar Mid-Cap Fund II. This strategic investment aligns with Ezdehar’s focus on supporting mid-cap companies in transformative growth phases and
Aramco, the world-renowned integrated energy and chemicals giant, is making a bold move in the realm of venture capital. Under the astute legal guidance of General Counsel Nabeel A. Al Mansour (pictured), the company has
Norton Rose Fulbright Guides TotalEnergies in Xlinks Investment
Global law firm Norton Rose Fulbright has provided legal counsel to TotalEnergies in its strategic minority investment in Xlinks First (Xlinks), as part of the groundbreaking Xlinks Morocco-UK Power Project. This unique initiative involves the