International law firm Clifford Chance has acted as international issuer’s counsel to Al Ansari Financial Services on its highly successful initial public offering (IPO) and listing on the Dubai Financial Market (DFM). Following the completion of the book building and subscription process on March 24, 2023, Al Ansari Financial Services announced that it has set […]
Global law firm Dentons has provided legal counsel to the Islamic Development Bank (IsDB) on the issuance of USD2 billion trust certificates as part of its USD25 billion trust certificate issuance programme. The transaction, which
Deal & transactions
Oil & Gas
Saudi Arabia
Aramco acquires 10% Stake in China’s Rongsheng Petrochemical
Saudi Arabian Oil Company (Aramco) has recently signed definitive agreements to acquire a 10% stake in Rongsheng Petrochemical Co. Ltd. for RMB 24.6 billion (USD 3.6 billion). The acquisition deal will bolster Aramco’s downstream presence in China
With Suzan Taha Foreign Direct Investment (FDI) in Egypt has been a key driver of economic growth and development in the country. In recent years, Egypt has implemented a number of reforms to improve its
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
EFG Hermes, the investment bank franchise specializing in Frontier and Emerging Markets (FEM), has successfully concluded its advisory role in valU’s fourth securitized bond issuance, valued at EGP 856.5 million. The transaction is part of
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
Global law firm White & Case has achieved a significant victory for Iraq Telecom Limited (IT Ltd.), a joint venture between Agility Public Warehousing Company KSCP and Orange S.A. The victory comes in the
Global law firm Dentons has become one of the first international law firms to receive a foreign law firm license from the Ministry of Justice in Saudi Arabia. Working in partnership with The Law Firm
