ALC– Alieldean Weshahi & Partners has acted as a legal advisor to AUR Capital Private Equity House of Egypt, a private equity firm, for obtaining of a license from Egypt’s Financial Regulatory Authority FRA to engage in financial securitization activities. Drawing on its expertise in capital markets, the counselling team was led by ALC’s senior partner Bahaa Sholkamy (pictured) […]
Addleshaw Goddard (AG), the multinational law firm, has announced that it is seeking regulatory approval to open a new office in Riyadh, the capital city of Saudi Arabia. AG has seen significant growth in its
The 2023 Egyptian National Rounds of the Jessup Moot Court Competition was successfully held at Shalakany Law Office’s Zamalek premises on the 17th and 18th of February 2023, with LegalcommunityMENA acting as sole Media partners. The
Salik, a leading provider of toll systems and transportation solutions in the United Arab Emirates, has appointed Anwar El Khatib (pictured) as its new Chief Legal Counsel. With an extensive legal background, El Khatib is
Al Tamimi & Company has appointed Seung-Hyeon (‘Alex’) Kim (pictured) as a new partner in its Korea Group. With over 25 years of experience working with the South Korean public and private sector, Kim will play
Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm (AS&H) have reached an agreement to establish a 50:50 Joint Venture (JV) in Saudi Arabia, operating under the name AS&H Clifford Chance. The move
Deal & transactions
Oil & Gas
United Arab Emirates
ADNOC and ENI strengthen cooperation in sustainability sectors
In a bid to accelerate the transition to a low-carbon future, UAE’s Abu Dhabi National Oil Company (‘ADNOC’) and Italian oil & gas group, ENI, have signed a Memorandum of Understanding (‘MoU’)
From MENA to the WORLD With Suzan Taha The Kuwait Capital Markets Authority (the “CMA or Authority”) has recently issued a new resolution no. 3 of 2023 regarding Passporting of Financial Products, issued on January 8, 2023, outlining the
Deal & transactions
Energy & Trading
United Arab Emirates
Latham & Watkins with TotalEnergies on its agreement with CEPSA
TotalEnergies has entered into an agreement with CEPSA, whereby it will acquire CEPSA’s upstream assets in the United Arab Emirates, effective as of January 1, 2023. Latham & Watkins provided legal advice to TotalEnergies in this
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Dentons advises Arada on its USD50 million sukuk tap issuance
Arada Developments (‘Arada’), a major property developer in the Northern Emirates of the UAE, has completed its successful second tap issuance of USD 50 million sukuk with the assistance of Dentons. The transaction was successfully completed
