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 in Dubai who offer transportation solutions by air, ocean, and road. Clyde & Co acted as lead counsel to […]
Capital Markets
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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
Capital Markets
Deal & transactions
Egypt
Real Estate, Construction & Infrastructure
Saudi Arabia
sarie eldin & partners Facilitates Major Real Estate Deal in
sarie eldin & partners – announce its successful role as legal advisor to Talaat Moustafa Group Saudi Real Estate Development Company (“Talaat Moustafa Saudi”) on a landmark agreement with the Saudi National Housing Company (“NHC”). Signed
With Chief Legal Officer and Board Secretary, Eyad Mahadeen (pictured), at the helm of its legal department, Abu Dhabi Global Market (ADGM) has granted Infinity Capital Management Limited, a Hong Kong-based multi-strategy alternative investment firm,
Linklaters provided legal counsel to Tokio Marine & Nichido Fire Insurance Co. (TMNF) in its sale of a 5.75% stake in Arabian Shield Insurance Company, a publicly listed Saudi Arabian firm, to Alinma Bank. This transaction
