International law firm Clifford Chance has advised Abu Dhabi National Energy Company (‘TAQA’) on its GBP 25 million (cerca USD 31.38 million) investment in Xlinks First Limited (‘Xlinks’), the developer of the first of a kind Morocco – UK high-voltage direct current (HVDC) interconnector renewable energy project. With the funding, Xlinks plans to lay the world’s […]
International law firm Trowers & Hamlins advises Ubhar Capital in its capacity as an issue manager on the issuance of OMR60,158,904 unsecured, perpetual and subordinated bonds by Oman International Development & Investment Company (‘Ominvest’). Ominvest
Appointments
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Uncategorized
United Arab Emirates
DLA Piper elects 72 lawyers to its partnership
DLA Piper has promoted 72 lawyers to its partnership. The promotions are effective as of April 1st in the United States and May 1st for EMEA and Asia Pacific. Promotions have been made across all of
Banking & Finance
Healthcare, Pharma & Life Sciences
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Clifford Chance on €45M financing of GZT Healthcare Investment
International law firm Clifford Chance advised Invest International with the EUR 45 million financing of GZT Healthcare Investment, a subsidiary of Rönesans Holding, in connection with the Gaziantep City Hospital, a public private partnership in
Kyriakos Fountoukakos (pictured) has been appointed as the new Managing Partner of Herbert Smith Freehills‘ global Competition, Regulation and Trade (CRT) Practice, effective from May 1. Fountoukakos will take over from Stephen Wisking, who will continue
Deal & transactions
Egypt
Energy & Trading
Other
Qatar
Libya’s Zliten power plant to be built by Qatari-Egyptian consortium
General Electricity Company of Libya (‘GECOL’) has entered into a Euro1.19bn (USD1.3bn) contract with an Egyptian-Qatari consortium for the construction of the Zliten power station. The power station will be supplied
Vinson & Elkins and co-counsel Cleary Gottlieb successfully represented client Republic of Iraq (“Iraq”) in an ICC arbitration it brought in May 2014 against the Republic of Turkey (“Turkey”) and arising out of Turkey’s violations
Al Tamimi & Company’s Morocco office has been granted Casablanca Finance City (CFC) status. In acquiring this status, the law firm joins an extensive business community, consisting of approximately 200 highly regarded regional and international
Meysan Partners has achieved a significant legal victory for Iraq Telecom Limited (IT Ltd.), a joint venture between Agility Public Warehousing Company and Orange, in a recent International Chamber of Commerce (ICC) arbitration against Korek
From MENA to the WORLD With Suzan Taha On 4 January 2023, the Ministry of Commerce and Industry (“MoCI”) issued resolution 4/2023 to outline the procedures for determining the identity of the actual beneficiary of corporate entities in
