Masdar, the Abu Dhabi Future Energy Company, has made significant strides in expanding its presence in the United States’ renewable energy market. The company has inked a definitive agreement to purchase a 50 percent stake in Terra-Gen Power Holdings II, a major independent renewable energy power producer in the U.S., from Energy Capital Partners (ECP). […]
Meysan Partners‘ Riyadh office offered advisory services to Allub Industrial Company, a subsidiary of a prominent Kuwait-based group, in its acquisition of a 100% stake in Al Aber Global Industrial Company. Al Aber Global is a
Capital Markets
Real Estate, Construction & Infrastructure
Saudi Arabia
Dentons Guides Alpha Capital in Forus Real Estate Deal
Global law firm Dentons has recently provided legal counsel to Alpha Capital, a Sharia-compliant investment entity licensed by the Capital Market Authority (CMA) of Saudi Arabia. The advisory pertained to Alpha Capital’s acquisition of
Capital Markets
Services
United Arab Emirates
Clyde & Co Advises ITG on Logistics Company Share Sale
Global law firm Clyde & Co provided legal counsel to Investment Trading Group (ITG), the Investment Office of Al Tayer Group, on the sale of its 60 per cent shareholding in a market leading logistics company
Capital Markets
Industrial
Saudi Arabia
Updates
Dentons Advises Asyad Group on Saudi Aviation Acquisition
Dentons advised the Asyad Group, a leading Saudi holding group, on its acquisition of a 49% stake in Swissport Saudi Arabia Limited. Swissport Saudi Arabia Limited is a subsidiary of the Swissport International Group, a provider
Capital Markets
Corporate
Energy & Trading
Qatar
Elsewedy Qatar wins North Field South Onshore EPC contract
Elsewedy Cables Qatar has secured the Engineering, Procurement, and Construction (EPC) contract from Technip Energies France for the North Field South (NFS) Onshore Project. This strategic endeavour aims to establish electricity supply to NFS project
Banking & Finance
Capital Markets
Deal & transactions
United Arab Emirates
Three Alpha Dhabi Subsidiaries Targeted in Acquisition Deal
Abu Dhabi-based investment firm Alpha Dhabi is in the spotlight after receiving a notable acquisition offer for three of its subsidiaries. The offer comes from the National Corporation for Tourism and Hotels (NCT&H).
In a significant technological leap forward, STC Bahrain, a leading digital enabler, has announced the launch of an innovative instant mobile SIM activation service powered by Artificial Intelligence (AI) and eSIM technology. This first-of-its-kind solution
Beltone Financial Holding is set to acquire 100% of SODIC’s securitization subsidiary, SODIC for Securitization, following approval from its general assembly. The transaction involves Beltone acquiring 5,000 shares at EGP 1,000 each, along with an additional payment
Capital Markets
Fashion, Luxury & Design
United Arab Emirates
ADNH Strengthens Portfolio with Compass Group Deal
Abu Dhabi National Hotels (ADNH) is making significant strides in bolstering its business portfolio with the acquisition of Compass Group International B.V.’s 50% stake in their joint venture entities operating in the UAE, as
