Sarie Eldin & Partners Legal Advisors, in collaboration with ADI Capital, has successfully facilitated Sharia-compliant Islamic Mudarbah Syndicated Facilities totalling EGP 2.8 billion for Giza Systems and VAS Integrated Solutions, subsidiaries of Arabian Internet and Communication Services Company (solutions by STC). The consortium includes prominent banks such as Bank ABC-Egypt, Credit Agricole Egypt, Emirates NBD, […]
Capital Markets
Deal & transactions
Other
Restructurings
Al-Hossam Legal Facilitates KIPCO’s Divestiture of Gulf Insurance
Al-Hossam Legal, played a pivotal role in Kuwait Projects Company’s (KIPCO) strategic move to divest its 46.32% holding in Gulf Insurance Group K.S.C. (GIG). The transaction, valued at an impressive US$860 million, witnessed
Capital Markets
Transport
United Arab Emirates
Maqta Gateway Acquires 60% Equity Stake in Dubai Technologies
Under the strategic guidance of Emil Pellicer, General Counsel of AD Ports Group (pictured), Maqta Gateway, the digital arm of AD Ports Group facilitating cutting-edge trade digitalization solutions, has successfully acquired 60 percent equity stake in
Banking & Finance
Capital Markets
Other
Latham & Watkins with Ardshinbank in HSBC Armenia’s Acquisition
Latham & Watkins has provided legal counsel to Ardshinbank, a prominent Armenian banking group, in its agreement with HSBC Europe B.V., a subsidiary of HSBC Holdings plc, for the acquisition of HSBC Armenia, a
Capital Markets
Deal & transactions
Egypt
Updates
Levari Law Firm, serving as Avanz Capital Egypt’s legal advisors
In a move poised to accelerate the e-commerce boom across the region, Avanz Capital Egypt, a leading private equity firm dedicated to empowering Egyptian SMEs, has announced a strategic investment in Bosta, the undisputed champion
Meysan has served as the exclusive legal advisor to Universe Group United Holding Company in the strategic divestiture of its majority stake in Universe Education Company. Universe Education Company, the esteemed proprietor of Dasman Bilingual
Capital Markets
Saudi Arabia
Transport
Baker Botts Facilitates Swissport-Asyad Strategic Joint Venture
The Office of Mohanned bin Saud Al-Rasheed In Association with Baker Botts represented Swissport International in the formation of a strategic joint venture partnered with Asyad Holding Company to drive future growth in Saudi Arabia’
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.
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,
