ASAR – Al Ruwayeh & Partners acted as local legal counsel alongside Allen & Overy as lead counsel, in facilitating the acquisition of a 65% stake in Aster DM Healthcare FZC, the holding company overseeing Aster DM Healthcare’s operations in the GCC region, by a consortium led by Farj Capital. The consortium is composed of Emirates Investment […]
Spinneys Holding (‘Spinneys’ or ‘the company’) has revealed its intention to launch an initial public offering (IPO) and list its ordinary shares on the Dubai Financial Market (DFM). The company disclosed that it
Microsoft Injects $1.5 Billion into G42 for AI Advancement
G42, a UAE-based AI technology holding company, has secured a substantial $1.5 billion investment from Microsoft, in a move set to accelerate AI development and global expansion. This strategic collaboration aims to bring Microsoft’s
Alpha Dhabi Holding Divests 49% Stake to ADQ
Alpha Dhabi Holding (ADH) has announced its decision to divest 49% of its subsidiary, Alpha Dhabi Construction Holding (ADCH), to ADQ, an Abu Dhabi-based investment and holding company. Under the terms of the agreement, Alpha Dhabi
In a significant development, Decree, under the leadership of its Chief Executive Officer, Riyadh Al-Balushi, has launched Decree Risk. This innovative tool is a structured database designed to assist organizations in managing their risk when
International law firm, White & Case has enhanced its Global Mergers & Acquisitions (M&A) Practice by welcoming partner Abdallah Maher (pictured) to its Riyadh office. “We see high demand from clients in
Squire Patton Boggs has appointed partner Scott Kane (pictured) as co-chair of the firm’s global Litigation Practice. “Scott has earned a reputation as a trusted advisor to clients across the country who come
Mubadala’s Sanad Extends Partnership with Asiana Airlines
Sanad, a global aerospace engineering and leasing solutions provider under Abu Dhabi’s Mubadala Investment Company (Mubadala), has strengthened its collaboration with Asiana Airlines, South Korea’s second-largest airline, through a five-year contract extension valued
Eversheds Advises on DIB’s Resolution with NMC Healthcare
Eversheds Sutherland has provided legal counsel to Dubai Islamic Bank (DIB), one of the leading Islamic banks in the UAE, in reaching a comprehensive settlement with NMC Healthcare group (NMC), a prominent integrated private healthcare
Trowers & Hamlins is consolidating its expertise in the rapidly expanding fields of Energy and Sustainability through the establishment of a dynamic new practice group. This strategic initiative aims to further enhance the firm’s