Freshfields is advising Alpha Dhabi Holding (Alpha Dhabi) on Enersol RSC LTD’s (Enersol) acquisition of an additional equity stake in Gordon Technologies (Gordon). Enersol, a joint venture of Alpha Dhabi and ADNOC Drilling Company, has agreed to acquire an additional 42.206% equity stake in Gordon for consideration of approximately $270 million, making Enersol the majority […]
Dentons advised Arada Developments, a property developer in the Northern Emirates of the United Arab Emirates, on its drawdown issuance of US$400 million sukuk due 2029. The transaction was completed on 24 June 2024. The issuance drew a
White & Case advised Morgan Stanley Saudi Arabia and BSF Capital (formerly Saudi Fransi Capital) as joint financial advisors, underwriters and bookrunners on the initial public offering and listing on the Main Market of the
Cleary Gottlieb advised GlobalFoundries, as issuer, and Mubadala Technology Investment Company, as selling shareholder, in a $950 million secondary public offering of GlobalFoundries ordinary shares, including a $200 million share repurchase. About the offering The selling shareholder
Cleary Gottlieb and Alliance Law advised Philip Morris International (PMI) on the acquisition of a minority indirect stake (14.7%) in Eastern Tobacco Company (Eastern), based in Egypt and producing cigarettes, cigars and pipe tobacco. As part
Shahid Law Firm advised eFinance Investment Group for the acquisition of a 25% stake in AI Ahly Momkn for e-payments and a 13% stake in Easy Cash for digital payments. About the acquisitions These acquisitions are part
ASAR acted as Kuwait law counsel to each of KAMCO Invest (as sole issuance coordinator, joint lead manager and placement agent) and Gulf Bank (as joint lead manager and placement agent) regarding the
White & Case advised Spinneys, one amongst the most important supermarket chains in Middle East, on its listing on the Dubai Financial Market (DFM). Spinneys is the first Dubai international finance centre company to list
ASAR advised Kuwait International Bank (KIB) in relation to its issuance of US$300,000,000 Additional Tier 1 Capital Certificates (Sukuk) by KIB Tier 1 Sukuk 2 Ltd. Rob Little (pictured) led the team, together with partner John Cunha ,
Zaki Hashem & Partners announced its advisory role in the establishment of Noqood Finance SAE. The firm has successfully guided Noqood Holding in obtaining a license from the Financial Regulatory Authority for the newly established
