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 fully owned banking subsidiary. The transaction, subject to regulatory and antitrust approvals, is anticipated to be finalized within the next year. […]
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,
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
