Meysan Partners advised Al Bayan Medical Company (“Bayan Dental”) in connection with its acquisition of a majority stake in Sky for the Management of Specialized Medical Centers (“Sky Dental”), a Kuwaiti dental clinic owned and managed by high profile Kuwaiti dentists. Founded in 2002, Bayan Dental is one of the first private dental clinics in Kuwait, […]
Banking & Finance
Deal & transactions
United Arab Emirates
Norton Rose Fulbright advises OKX on entering Dubai virtual assets market
Global law firm Norton Rose Fulbright‘s Dubai office has advised cryptocurrency exchange OKX on its entry into the UAE market. OKX has successfully signed a memorandum of understanding (MOU) with, and obtained a provisional
Appointments
Banking & Finance
United Arab Emirates
Ahmed Zekry appointed as head of legal at Banque Misr
Banque Misr has appointed Dubai-based Ahmed Zekry (pictured) as its new head of legal managing international branches. Zekry joined the executive management team and reports to Mr. Khaled El-Bialy, Banque Misr CEO in UAE. Zekry
Deal & transactions
Transport
United Arab Emirates
Emirates and Air Canada enter into a strategic partnership agreement
Emirates has formed a strategic partnership with Air Canada, Canada’s flag carrier and a founding member of Star Alliance. The agreement will create more options for customers when travelling on the carriers’ networks while
AS&H in cooperation with Clifford Chance advises the Ministry of Commerce in relation to drafting the new Companies Law. The new Companies Law is considered a significant milestone towards achieving the Kingdom’s
Gowling WLG has appointed Imran Mufti (pictured) as lead partner for the firm’s Saudi Arabia practice. Mufti will also be responsible for its relationship with Al Ghazzawi & Partners, Gowling WLG’
Deal & transactions
News
United Arab Emirates
Meysan Partners partners up with Emirati firm Abdulla Al Najjar
Abdulla Al Najjar Advocates and Legal Consultants, a Dubai-based law firm, has joined Meysan Partners to serve the latter’s clients in the United Arab Emirates in all types of litigation matters. Abdulla Alnajjar Advocates &
Deal & transactions
Saudi Arabia
Saudi Arabia’s Aramco expands Namaat industrial investment programs
The Saudi Arabian Oil Company (“Aramco”) has announced a major expansion of its Namaat industrial investment programs, with 55 agreements and Memoranda of Understanding (MoUs) across the sustainability, digital, industrial, manufacturing and social innovation sectors.
Banking & Finance
Capital Markets
United Arab Emirates
Mashreq Bank prices its Inaugural USD300m Additional Tier 1 Offering
Mashreq Bank (“Mashreq”) has announced the pricing of an aggregate principal amount of USD300 million of its 8.500% Perpetual Non-callable 5-year Additional Tier 1 Notes. The offering closed on 7 July 2022, subject to customary closing conditions. The issuance
PKO Bank Hipoteczny launched a subscription for institutional investors for another issue of mortgage covered bonds with a value of EUR 500 million and maturity on June 25, 2025. This issue was the first issue of the
