Nord Anglia Education, a premium international schools organization, has further expanded its presence in the Middle East with the joining of Amman Academy to its family of schools. Amman Academy, a private co-educational, bilingual day school in Amman, Jordan, becoming part of Nord Anglia’s network of schools shows the growing appetite for leading education providers […]
EKP has announced the merger of Walid Merhej Law Firm into El-Khoury & Partners Legal Counsel (“EKP”), effective September 1, 2022. The joining of the two regionally recognized law firms based in Beirut resulted in the appointment of a new partner, Walid Merhej (pictured), as well as the addition of two lawyers to the Beirut […]
Banking & Finance
Banking & Finance
Other
Asafo & Co.: Valoris Capital launches its first private equity
Valoris Capital, a private equity management company has successfully launched its first private equity fund, Valoris Equity Fund. The Fund was launched with the support and backing of private and public institutional shareholders, mainly from the pension, banking and insurance sectors. In its first closing Valoris Equity Fund collected subscription commitments totalling over MDH 300 million […]
Deal & transactions
Energy & Trading
Other
Airut advises MEP in connection to Iraq-based Hydropower plant
Airut Law Offices (“Airut”) has advised Middle East Power (“MEP”) in respect to the drafting and review of the Operation and Maintenance Agreement for the Deralok 37 MW hydropower plant located in Duhok, Kurdistan Region Governorate, Iraq. The Deralok hydropower plant has costed USD 129 million and was financed by the Japan International Cooperation Agency […]
Integrated energy company, Eni has successfully completed the acquisition of BP’s two gas-producing concessions “in Amenas” and “in Salah” jointly operated with Sonatrach and Equinor. This acquisition has an important strategic value and contributes to Europe’s gas needs whilst strengthening Eni’s presence in Algeria. Eni was advised by ADNA and Pinsent Masons on this acquisition. The ADNA […]
Healthcare, Pharma & Life Sciences
News
Other
Trowers & Hamlins: RCSI Bahrain launches new solar farm project
The Royal College of Surgeons in Ireland – Medical University of Bahrain (“RCSI Bahrain”) has successfully completed the development and launch of its campus solar farm project. Covering 12,000 sqm, the solar farm is expected to be completed in January 2023. RCSI Bahrain is a constituent university of RCSI, which was established in Dublin, Ireland […]
Deal & transactions
Other
Real Estate, Construction & Infrastructure
Northacre collaborates with St. Regis for No. 1 Palace Street
Northacre, a subsidiary of asset management and investment banking platforms Shuaa Capital, has joined forces with St. Regis hotel brand at No 1 Palace Street. The collaboration on the project located opposite Buckingham Palace, is testament to the successful re-development of this site, comprising 72 luxury apartments and incorporating an existing Grade II listed building, […]
Banque Misr’s Legal Department has received the certificate of ISO 9001:2015 for legal quality management. The certificate was awarded by TUV Southwest, which is recognized by the Egyptian Organization for Standards and Quality and specialized in testing, inspection and auditing. The certificate is given after the awarding entity inspects and confirms that all the […]
Deal & transactions
Healthcare, Pharma & Life Sciences
Other
Pharmaceutical Institute (PHI) completes acquisition by Kelix Bio
KELIX bio, a pan-African biopharmaceutical platform, has entered into a binding agreement to acquire Moroccan Pharmaceutical Institute (“PHI”). This investment marks KELIX bio’s first entry into Morocco – an important market in the company’s strategy – at a time when the Kingdom is accelerating the successful rollout of AMO (Assurance Maladie Obligatoire), a far-reaching plan […]
Banking & Finance
Energy & Trading
Other
Masen and Edf Renouvelables in repowering Koudia Al Baida wind
The Moroccan Agency for Sustainable Energy (MASEN) and EDF Renouvelables have announced the financial closure of the repowering of the Nassim Koudia Al Baida Wind Farm, located in the region of Tlat Taghramt near Tangier in northern Morocco. Koudia Al Baida Energy Company, the SPV owned by MASEN and EDF Renouvelables, has received senior loans […]
