Dentons has acted as Oman counsel to the joint lead managers, on the debut issuance of US$500 million Trust Certificates due 2031 by Omantel Sukuk Limited, a special purpose vehicle issuer incorporated in the Cayman Islands. The transaction, which settled on 24 January 2024, represents the inaugural international sukuk issuance by Omantel (as trustee), Oman’s […]
Capital Markets
Deal & transactions
Egypt
Industrial
Raya Auto partners with XPeng Motors to import electric vehicles
Helmy, Hamza & Partners, Baker McKenzie Cairo had advised Raya for Advanced Manufacturing (“Raya Auto“) on its agreement with Guangzhou Xiaopeng Motors Trading Co Ltd (“XPeng Motors”), a Chinese electric vehicle (EV) manufacturer. Raya Auto,
Matouk Bassiouny & Hennawy (MBH) has acted as legal counsel to Dentsu in the acquisition of a 100% stake in its Egyptian subsidiary, Dentsu Creative for Media and Advertising Services S.A.E. (Dentsu Egypt). In 2016,
Al Tamimi & Company, has signed a cooperation agreement with the Oman Manufacturers Association (OMFA), a non-profit organization that represents the interests of the manufacturing sector in Oman. The agreement aims to enhance the legal
Capital Markets
Egypt
Real Estate, Construction & Infrastructure
Arabia Investments Holding Completes Debt-to-Equity Swap
Barakat, Maher & Partners, in association with Clyde & Co, has provided legal counsel to Arabia Investments Holding, a publicly listed company on the Egyptian Exchange, regarding the sale of 98% of Arabian International Contracting through
International law firm CMS has successfully advised the Oman Investment Authority (OIA) on Saudi Tadawul Group’s (STG) acquisition of a 32.6% stake in DME Holdings Limited, the parent company of Dubai Mercantile Exchange (DME). This
Banking & Finance
Capital Markets
Saudi Arabia
AS&H Clifford Chance Guides STG in DME Stake Acquisition
AS&H Clifford Chance has provided legal counsel for Saudi Tadawul Group (STG), a diversified capital markets group in the MENA region, on its strategic acquisition of a 32.6% stake in the Dubai Mercantile Exchange (
Banking & Finance
Capital Markets
Saudi Arabia
Norton Rose Guides CME Group in DME Stake Acquisition
Global law firm Norton Rose Fulbright has provided legal counsel to CME Group Inc. (CME), the derivatives marketplace listed on Nasdaq, regarding a binding agreement with Saudi Tadawul Group Holding Company (STG), a Saudi-exchange listed
Capital Markets
Corporate
Industrial
Saudi Arabia
Johnson Controls Arabia and ADC Consortium secure BOOT District Cooling
Johnson Controls Arabia (JCA), has announced its awarding, being a part of the Consortium of JCA, City Cool & ADC, by one of the subsidiaries of Knowledge Economic City (KEC), a Saudi Arabian listed joint
Capital Markets
Egypt
Industrial
Oil & Gas
ADSERO advises AKH Gold on gold exploration contracts in Egypt
ADSERO – Ragy Soliman & Partners, has advised AKH Gold Limited, a British company, on its two exploration licenses awarded by the Egyptian Ministry of Petroleum and Mineral Resources and the Egyptian Mineral Resources Authority (EMRA)
