Teynier Pic, the independent boutique firm dedicated to international and domestic dispute resolution in France, welcomes Danny Rifaat (pictured) to its partnership. Rifaat’s experience includes acting as both arbitrator and counsel in international arbitrations conducted under the auspices of leading global arbitral institutions, as well as regional institutions in the Gulf and the Middle East. […]
Deal & transactions
Energy & Trading
United Arab Emirates
Majid AlFuttaim committed to enhancing plastic pollution awareness
The 27th Conference of the Parties (“COP27”), currently being held in Egypt, witnessed the signing of a Memorandum of Understanding (“MoU”) between Majid Al Futtaim Holding Company, the UAE Ministry of
Deal & transactions
Other
Transport
Asafo & Co. advised Forafric in its acquisition into Groupe Sahel
Asafo & Co. advised Moroccan miller Forafric Global (“Forafric”) on its acquisition of a controlling interest in Groupe Sahel, a major cereal industry producer in the Sahel region. Forafric is the leader in flour
Deal & transactions
Transport
United Arab Emirates
Global Feeder Shipping sells majority stake to Abu Dhabi Ports
Dubai-based Global Feeder Shipping (“GFS”), a feeder and container shipping provider, has signed an agreement to sell 80% of their stake in GFS to Abu Dhabi Ports Group (“ADP”), a UAE-listed end-to-end logistics business.&
Deal & transactions
TMT
United Arab Emirates
Clifford Chance advises MVP Tech Group on sale to Convergint
MVP Tech Group, a UAE-based security, IT Infrastructure and software engineering company serving private enterprises and government clients, has successfully completed the sale of its business to Convergint, a US-based global in service-based systems
Deal & transactions
Energy & Trading
Saudi Arabia
APICORP signs a USD75m Islamic facility for Voluntary Carbon Offsets
The Arab Petroleum Investments Corporation (“APICORP”), an energy-focused multilateral development financial institution, has signed a USD75 million Murabaha agreement in favour of Hartree Partners Power & Gas Company (UK), an affiliate of global energy and
Renewable energy solutions provider Scatec along with its partners Fertiglobe (the strategic partnership between OCI N.V. and ADNOC), Orascom Construction, and The Sovereign Fund of Egypt, has announced the start of the commissioning
Dentons Global Chairman, Joseph Andrew, has decided to not run for another term as the Firm marks its 10th anniversary. Andrew, who is the founding Global Chairman of Dentons, and founding Global Chairman of one
The winners of the Iberian Lawyer 2022 Gold Awards were announced during the gala ceremony held at the Wellington hotel. In their VI Edition, the Gold Awards recognised, once again, the excellence amongst in-house professionals in
Deal & transactions
Fashion, Luxury & Design
United Arab Emirates
Chalhoub Group acquires majority stakes in Threads Styling
Luxury retail operator, Chalhoub Group has acquired a majority stake in Threads Styling, a London based digital luxury retailer and personal shopping platform. Chalhoub Group acquired all shares of Threads Styling, with the exception of
