The Ministry of Investment in Saudi Arabia has unveiled new guidelines and minimum capital requirements for foreign companies looking to obtain licenses for wholesale and retail trade activities with full ownership in the Kingdom. The Ministry’s Service Guide 2023 outlines the terms and conditions for foreign businesses interested in engaging in wholesale and retail trade […]
Capital Markets
Industrial
Saudi Arabia
Meysan Partners Saudi advises on Salumco’s 33.33% stake sale
Meysan Partners Saudi has provided comprehensive legal counsel to the shareholders of Saudi Aluminum Industries Company (‘Salumco’) throughout the sale of a 33.33% stake in the company to Increase Industrial Development Co, a prominent Saudi group
GLA & Co acted as GCC counsel in Silver Lake’s substantial acquisition of a majority stake in Germany’s Software AG through a successful voluntary public tender offer. The acquisition, valued at €2.2 billion, solidifies
Matouk Bassiouny & Hennawy (“MBH”) provided legal counsel to Post for Investment (“PFI”), the investment arm of Egypt Post, in its acquisition of a 40% stake in Roaderz Technologies. Additionally, the firm supported PFI in
Matouk Bassiouny & Hennawy (“MBH”) acted as the lead legal counsel to Beltone Financial Holding (“Beltone”) in connection with the signing of a share purchase agreement to acquire 100% of the shares in Cash Microfinance Company (“
Beltone Financial Holding, a dynamic and rapidly growing investment bank, is delighted to announce a significant milestone achieved by its wholly-owned subsidiary, Beltone Leasing Company. The Financial Regulatory Authority has granted final approval for the
Banking & Finance
Capital Markets
Egypt
Matouk Bassiouny & Hennawy Advises Tasaheel on EGP 3.34 Billion
Matouk Bassiouny & Hennawy (MBH) is pleased to announce its role as legal counsel to Tasaheel for Financing S.A.E. (Tasaheel) in a significant securitization transaction amounting to EGP 3.34 billion. This transaction marks the
In a significant financial move, Matouk Bassiouny & Hennawy (MBH), a prominent legal firm, has provided expert legal counsel to Reefy Microfinance, the micro-financing subsidiary of CI Capital, for its impressive EGP 700 million Securitized bonds
The Dubai International Financial Centre (DIFC) Courts have announced their performance results for the first half of 2023. These figures demonstrate a remarkable increase in the total value of claims and highlight the growing prominence of
In a move that underscores its commitment to becoming a regional investment powerhouse, Saudi Arabia has unveiled a joint initiative aimed at enticing multinational groups (MNGs) to establish their regional headquarters (RHQs) within the Kingdom.
