Asafo & Co. advised 54 Capital on its USD21 million growth capital investment, alongside Norfund, in Ethiopian fast-moving consumer goods (FMCG) platform SAMANU. 54 Capital managed a consortium of private investors and worked alongside Norfund in this investment, which is expected to increase the local production of edible oil, create jobs and reduce dependency on […]
Global law firm Norton Rose Fulbright advised Zain Group in respect of Zain Iraq’s entry into a definite 15-year agreement to sell and leaseback the passive physical infrastructure of its 4,968 tower portfolio in Iraq to TASC Towers Iraq for US$180 million. Zain Iraq will retain its active infrastructure, including wireless communication radios, antennas, intelligent […]
International law firm Bryan Cave Leighton Paisner (“BCLP”) has appointed Jennifer Csik Hutchens as a partner in their Corporate & Finance Transactions Department and the new global head of health care. Hutchens will lead the firm’s cross-sectional practice across the health care industry, covering transactions, risk management, and litigation. She will be based in BCLP’s […]
The legal system of Algeria has a long and rich history that can be traced back to the pre-colonial period. During this time, the region was governed by a system of tribal laws and customs that were developed and enforced by local leaders. In the early 20th century, Algeria was a French colony, and the […]
Dentons Zaanouni Law Firm has created a new Media, Entertainment, and Sports department and has appointed Malek Badri as its Partner and Head of Practice. Malek Badri is an experienced lawyer with a broad practice that covers Sports & Gaming, Art, Media & Entertainment, and Litigation, Arbitration & Mediation. He is well-known for his […]
In today’s global business environment, the role of the chief legal officer (CLO) is becoming increasingly important. CLOs are responsible for managing all legal matters within an organization and ensuring that the company is in compliance with all relevant laws and regulations. This can be a complex and challenging role, particularly in the Middle East […]
Global law firm White & Case has advised Saudi Arabian Oil Company (“Saudi Aramco”) on its heads of agreement with China Petroleum & Chemical Corporation (“Sinopec”) to build a refinery and petrochemical project in Gulei in China’s southeastern Fujian Province. The greenfield project comprises a 16 million metric tonne per year (320,000 barrels per day) […]
International law firm CMS has advised Oman Broadband Company, wholly owned by the Government of the Sultanate of Oman, on a major new financing deal using a hybrid facility (with conventional and Shariah-compliant tranches) and involving a group of Omani banks, five conventional and three Islamic institutions. The deal is worth OMR 171m (USD 445m). […]
Al Tamimi & Company has made six new Partner promotions, taking the Partner count at the firm to 88, across its 17 offices in 10 countries. The new partner appointments underline Al Tamimi & Company’s expertise and strength-in-depth across its offices and practice areas. The promotions are from within the firm’s Construction and Infrastructure, Employment […]
CMS advised Oman Broadband Company on a major new financing deal using a hybrid facility in a deal worth USD 445 million. . Mandated by the Government to build and develop a broadband structure to address low levels of coverage in parts of the Sultanate, Oman Broadband has agreed this major loan facility over a 16-year term. This […]
