Global law firm White & Case has advised Saudi Arabian Oil Company (“Saudi Aramco”) on its heads of agreement with China Petroleum & Chemical Corporation (“Sinopec”) to build a refinery and petrochemical project in Gulei in China’s southeastern Fujian Province. The greenfield project comprises a 16 million metric tonne per year (320,000 barrels per day) […]
White & Case and The Law Office of Megren M. Al-Shaalan have advised power and communications cables maker, Riyadh Cables Group Company (“RCG”), on its initial public offering on the Main Market of the Saudi
International law firm CMS has advised Oman Broadband Company, wholly owned by the Government of the Sultanate of Oman, on a major new financing deal using a hybrid facility (with conventional and Shariah-compliant tranches) and
Al Tamimi & Company has made six new Partner promotions, taking the Partner count at the firm to 88, across its 17 offices in 10 countries. The new partner appointments underline Al Tamimi & Company’s expertise and
Deal & transactions
Real Estate, Construction & Infrastructure
United Arab Emirates
ALEC Engineering and Contracting acquires Target Engineering
ALEC Engineering and Contracting, part of the Investment Corporation of Dubai (ICD) group, has successfully completed its strategic acquisition of Target Engineering, an EPC contractor offering in-house services for major construction disciplines in onshore and
Egypt-based law firm, Shalakany has elected Sherry El Shalakany (pictured) to its partnership. Sherry El Shalakany joined the Firm in November 2007 in the Corporate Department up to date. Her practice includes corporate & commercial,
Banque Misr established the first REIT in Egypt, Egyptian Real Estate Fund (I) (Fund), that aims at investing in income generating portfolio of commercial real estate such as shopping malls, office buildings, medical and educational
Banking & Finance
Transport
United Arab Emirates
Hassana to invest USD2.4b in DP World’s flagship UAE assets
International law firm Clifford Chance has advised DP World, a global infrastructure-led supply chain solutions provider, on the USD2.4 billion investment in three of its flagship UAE assets by Saudi Arabia-based Hassana Investment Company, the
Capital Markets
Deal & transactions
Egypt
TMT
Sharkawy & Sarhan with Vodafone on the acquisition by Vodacom
Sharkawy & Sarhan acted as Egyptian counsel to the Vodafone Group (“Vodafone”) in relation to the transfer of its 55% shareholding in Vodafone Egypt to Vodacom. The spam of the transaction took more than a year.
CMS advised Oman Broadband Company on a major new financing deal using a hybrid facility in a deal worth USD 445 million. . Mandated by the Government to build and develop a broadband structure to address low
